Forbes names Kylie Jenner world's youngest billionaire

Tristan and Jordan
Source Cosmo
Author

06 March, 2019

Kylie also happens to have a huge following on social media which has further added to her credit in accumulatng the finances.

In 2014, the publication came up with a scoring system that ranks people on the Forbes 400 list of richest Americans on a scale of 1 to 10, based on "how self-made" they are. But (the recognition) feels really good.

Mark Zuckerberg's fortune fell almost $9 billion in a year as Facebook's value plunged amid a string of scandals, an annual list of the world's dollar billionaires showed today.

"We consider any person who built her own fortune, and didn't inherit the money, to be self-made", Kroll said.

'That's a nice pat on the back, ' Jenner told Forbes.

Jenner told the magazine: "It's the power of social media". But then in 2018, Jenner signed a distribution deal with beauty retailer Ulta, with her products hitting the shelves over the holiday season.

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Other newcomers on Forbes' list include Spotify co-founders Daniel Ek and Martin Lorentzon, who are worth $2.3 billion and $3.1 billion, respectively.

Microsoft Corp co-founder Bill Gates remained in the No. 2 position with an estimated fortune of $96.5 billion, up from $90 billion a year ago.

Kylie Jenner is not only the youngest billionaire but also the youngest self-made billionaire.

The magazine credits her latest successes to her makeup company's expansion into Ulta beauty stores, which caused revenue to climb 9% a year ago to an estimated $60 million.

Her mother Kris would not rule out that she may sell the company in the future.

Over the years, Barker has made cameos on Keeping Up With the Kardashians, and her three kids and his three kids have had many play dates together. "She's really falling for him", says the source.


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