Forbes names Kylie Jenner world's youngest billionaire

Cristina Cross
March 6, 2019

But people have taken issue with Jenner being labelled as "self-made" claiming that Forbes ignored the fact that the 21-year-old billionaire had a major advantage due to her family name and connections.

"I didn't expect anything".

Her fortune is padded with endorsements, the reality TV show, "Keeping Up With The Kardashians" and real estate. A similar reaction ensued when Forbes selected Jenner to be the cover star for its 2018 list of the country's richest "self-made" women. She's worth an estimated $1 billion, Forbes said, and unseated the previous record holder, Facebook's Mark Zuckerberg, who hit the milestone when he was 23.

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Last year, Kylie Cosmetics did an estimated $508 million in sales, according to Forbes.

He and another 993 billionaires of 2018 got poorer past year, making for a record number of losers. The richest person in the world remains Amazon founder and CEO Jeff Bezos with a whopping $131bn fortune mostly held in his shares in Amazon.

Forbes's estimate of Jenner's wealth comes in its annual ranking of the world's billionaires.

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Marketing is carried out through social media, primarily dependent on Ms Jenner's enormous following.

Detractors have wondered as the Jenner-Kardashian sibling climbed her way to a billionaire exactly what Forbes means by "self-made". With around 128 million followers on Instagram and her Snapchat being one of the most viewed accounts, it won't be wrong to say that Kylie is one of the most influential celebrities on social media and thus the success.

The confirmation will be good news for Jenner, who last month was at the centre of family drama after her childhood best friend, Jordyn Woods, was implicated in a cheating scandal with the partner of Jenner's sister Khloé Kardashian, Tristan Thompson. Brin, who is also an avid data miner of Ethereum - the second largest crypto, was at No. 8 with Dollars 54 billion, while Page with USD 53 billion ranked at the 10th spot. "I had such a strong reach before I was able to start anything", she said.

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Her mother Kris would not rule out that she may sell the company in the future.

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