Kylie Jenner is now the youngest self-made billionaire ever, assuming her spot on top as Forbes released its annual list of the richest people in the world Tuesday. Through her celebrity status, huge social media following and the privilege that comes with the Kardashian-Jenner last name, the 21-year-old launched her million-dollar makeup brand Kylie Cosmetics in 2015. In November 2018, she entered a distribution deal with American beauty retailer Ulta to sell Kylie Cosmetics in store. Within six weeks, she sold about $55 million, Forbes reported. Jenner has a 100-per-cent stake in the company, and with low overhead costs and enormous revenues, her company is worth “at least $900 million,” according to Forbes.

Source: National Post March 05, 2019 19:07 UTC