July 12, 2018

How Kylie Jenner built her $900 M empire

kylie jenner

People love to hate Kylie Jenner. They say she has no talent and is just a pretty face but they are so wrong. Just yesterday, Forbes named her “the youngest-ever self-made billionaire.” It’s a sweeping statement but they know what they’re talking about. In their story, they mentioned, “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.” They valued her company at nearly $800 million and she owns 100 percent of it.

But that’s not all. “Add to that the million she’s earned from TV programs and endorsing products like Puma shoes and PacSun clothing, and $60 million in estimated after-tax dividends she’s taken from her company, and 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.”

Just so you know, Kylie is only 20 years old and she shared her excitement on Instagram. “Wow. I can’t believe I’m posting my very own Forbes cover. Thank you for this article and the recognition. I’m so blessed to do what I love everyday. I couldn’t have dreamt this up!”

A post shared by Kylie (@kyliejenner) on Jul 11, 2018 at 7:00am PDT

If you needed some motivation to reach for the stars, this is it. Kylie proved that women can be successful, we can be the boss.

[Forbes]

 

Photo courtesy of Forbes’ Instagram account

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celebrities, culture, FOrbes, Kylie Jenner, money, self-made billionaire



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