So on the 5th of march 2019, forbes announced that 21-year old reality star Kylie Jenner had finally achieved “billionaire status” all thanks to a 9% revenue growth in her cosmetics business, kylie Cosmetics.
In a report by forbes reporter Natalie Robehmed she said, “Add in the cash Jenner has already pulled from the profitable business, and the 21-year-old is now a billionaire, with an estimated fortune of $1 billion, She’s the youngest-ever self-made billionaire, reaching a ten-figure fortune at a younger age than even Mark Zuckerberg (who was 23 when he hit that mark).”(Awww… “billionaire Jenner”)
The young entrepreneur started her career selling lip-sticks and lip-liners which, get this, “sold out in less than a minute.”( who does that)
Some months later she branded and launched Kylie cosmetics on shopify and by the end of 2016 she was reported to have made $307 million in revenue. (I smell👃 💸💰💵)
But some controversies have been clouding around and some people are even taking up issues with forbes for classifying her under “self-made” billionaires because they suggest she was born into extreme wealth and fame and had everything presented to her in a platter of Gold.
Either way, she has been given the title and there is nothing anybody can do about it right now.
Don’t forget to let us know your take on this, was she actually a self-made billionaire or was she just born into wealth. Let us know down in the comment section and also don’t forget to like and follow us on all our social media platforms for more.