Kylie Jenner Forbes Fortune
The new billionaires list credits jenner with working her fame and social media savvy to grow kylie cosmetics into a 900 million business which began selling its 29 lip kits in ultas ulta. How 20 year old kylie jenner built a 900 million fortune in less than 3 years natalie robehmed forbes staff forbes digital covers contributor group.
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In just roughly two years the company sold more than 630 million worth of products forbes.
Kylie jenner forbes fortune. The main source of her fortune kylie cosmetics for example was founded in 2016 with a modest 250000 jenner earned from modeling and advertising. The company sold about 800 million worth of. Kylie jenner is forbes youngest self made billionaire and the wealthiest member of the kardashian jenner clan with a net worth of 1 billion.
Last month after forbes named kylie jenner the worlds youngest self made billionaire we unintentionally set off a heated debate on social media about the meaning of the word self made. Jenner is known for being the founder and sole owner of kylie cosmetics which she launched in 2015. Its limited edition product drops create giant flash sales as in november 2016 when her holiday collection snagged nearly 19 million in 24 hours.
A look into how tv star and mega influencer kylie jenner became the worlds youngest self made billionaire at only 21 years old. Jenner owns 100 of the company. According to forbes kylie cosmetics sold 545 million worth of products in ulta in the first six weeks after the rollout.
Kylie cosmetics has sold more than 630 million worth of makeup since its founding in february 2016. The brands revenue climbed 9 percent last year to an estimated 360.
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