Kylie Jenner is 21-years-old, and she’s already the youngest person her age to be in her income bracket. That’s pretty impressive. And insane.
Instagram; Kylie poses in the above photo with red lips and a white top
Kylie is the youngest of the Kardashian/Jenner women, but don’t underestimate her. She was ranked by Forbes as one of the youngest and richest celebs of 2017.
Instagram; Kylie is pictured above wearing a long coat while walking down the street
Before even making it to her twenties, she could be counted as one of the richest celebs alive.
You might have guessed, she owes most of her wealth to her makeup line, Kylie Cosmetics, and pretty much all of her items consistently sell out. Yeah people, you can get rich off lipstick.
Kylie launched Kylie Cosmetics three years ago, and it was previously only sold on her website and infrequently at pop up shops.
Kylie just signed a deal with Ulta though to bring her infamous lip kits to over 1,000 of their stores.
Instagram; Kylie is pictured above wearing a bright silver dress on the beach
Kris Jenner told Women’s Wear Daily that Kylie Cosmetics has raked in $420 million since launching, so this is basically a lifetime gold mine.
Forbes estimates that Kylie Cosmetics is worth $900 million dollars though, and the best part is?
Instagram; Kylie is pictured above wearing leopard print pajamas
Kylie owns the whole company herself.
So if we add all the previous revenue she made off Kylie Cosmetics, combine it with everything she had before her company took off…she’s worth an astronomical amount.
Kylie can also can attribute endorsement deals (such as her one with Puma), Keeping Up With The Kardashians, and her new spin-off show Life Of Kylie as adding to her dollars upon dollars.
Kylie is now worth at least $1 billion dollars.
This currently makes her the youngest self-made billionaire ever.
She even beats out Mark Zuckerberg, the founder of Facebook, who was 23-years-old by the time he was worth that much.
Instagram; Kylie snaps a selfie in the photo above with pink hair
Now that Kylie has expanded her company into Ulta stores, she’s gone back to focusing on creating new products.
There’s no doubt that will only help contribute to her net worth increasing!
Instagram; Kylie and her pal Jordyn Woods (or former pal at this rate) pose in front of a private jet together in the above photo