Kylie Jenner Cosmetics Forbes

Formerly known as kylie lip kits. Forbes says she passed 1 billion net worth mark thanks to her 100 ownership of kylie cosmetics and the cash shes recently pulled in from its foray into ulta stores.

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Kylie jenner cosmetics forbes. Kylie cosmetics which is projected to rake in 1 billion in. Famous for its 29 lip liner and lipstick lip kits kylie cosmetics has since expanded into eyeshadow highlighter eyeliner and more. Kylie jenner is now officially a billionaire according to forbes magazine.

In fact at age 21 the kylie cosmetics mogul and keeping up with the kardashians reality star has been declared by the magazine to be the youngest self made billionaire ever. Forbes reports that kylie cosmetics made a whopping 307 million in its first year but that sales grew only slightly until this past november when jenner partnered with the beauty store ulta to. According to forbes kylie cosmetics sold 545 million worth of products in ulta in the first six weeks after the rollout.

Kylie cosmetics is an american cosmetics company founded and owned by kylie jenner. Kylie jenner is alongside people like george lucas and oprah winfrey one of the top five wealthiest celebrities in the us. With the success of her cosmetics line kylie cosmetics kylie jenner has officially surpassed mark zuckerberg as the youngest self made billionaire by the age of 21 according to forbes.

Its limited edition product drops create giant flash sales. The company was renamed kylie cosmetics in 2016 after the release of the liquid lipstick and lip liner set on november 30 2015. The brands revenue climbed 9 percent last year to an estimated 360.

Jenners latest boost in wealth comes primarily from kylie cosmetics her makeup company which forbes now values at 900 million. Official website for exclusive access to kylies makeup products. Shop kylie cosmetics by kylie jenner.

In 2018 forbes valued the company at 800 million and in march of 2019 it reached a value of 900 million making jenners personal net worth of. The most junior member of the kardashian jenner clan is also its richest thanks to her fast growing makeup brand kylie cosmetics.