News By/Courtesy: Manish Goyal | 17 Jul 2018 22:54pm IST

Kylie Jenner became youngest self made women billionaire at the age of just 20 yr.  She's conservatively worth $900 million, which along with her age makes her the youngest person on the fourth annual ranking of America's Richest Self-Made Women. But she's not just making history as a woman. Another year of growth will make her the youngest self-made billionaire ever, male or female, trumping Mark Zuckerbag, who became a billionaire at age 23. (Snapchat's Evan Spiegel also became a billionaire in his early 20s)

 The youngest member of the Kardashian-Jenner industrial complex needs to decide how to showcase products by her Kylie Cosmetics makeup company. Jenner runs one of the hottest makeup companies ever. Kylie Cosmetics launched two years ago with a $29 "lip kit" consisting of a matching set of lipstick and lip liner, and has sold more than $630 million worth of makeup since, including an estimated $330 million in 2017. Even using a conservative multiple, and applying our standard 20% discount, Forbes values her company, which has since added other cosmetics like eye shadow and concealer, at nearly $800 million. Jenner owns 100% of it.

Add to that the millions she's earned from TV programs and endorsing products like Puma shoes and Pac Sun clothing, and $60 million in estimated after-tax dividends she's taken from her company.

 

Section Editor: Shreyashi Tiwari | 17 Jul 2018 22:59pm IST


Tags : #KylieJenner #selfmade #billionaire #makeup #lipkit

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