One of the Kardashian Sisters Is Worth Almost a Billion Dollars

Irene MckinneyJul 12, 2018

To commemorate the exciting achievement, Jenner graces the new cover of Forbes magazine.

Forbes' Natalie Robehmed detailed how Kylie Cosmetics has found success by harnessing Jenner's huge social-media following and slashing costs by outsourcing labour.

Soon, when she's worth a billion dollars, Jenner will be the youngest "self-made" billionaire bar none, beating out even Mark Zuckerberg, who earned the title at 23.

In just two years, since Kylie Cosmetics launched with just a $29 (£22) lip kit - a lipstick and lip liner - the youngest of the Kardashian-Jenner clan has gone on to sell more than $630 million (£475 million) worth of make up. Forbes said it valued her company at almost $800 million, and Jenner owns 100 percent of it. "Jenner owns 100 percent of it", Natalie Robehmed writes.

Although she rarely posts on her app these days, Jenner made $105,170 on the first day her app launched in 2015, according to Tech Crunch.

Jenner was quoted by Forbes as saying that she owed much of her success to her presence on social media saying: "I have such easy access to my fans and my customers".

"Social media is an incredible platform; I have such easy access to my fans and my customers".

Also on this year's list is her half-sister Kim Kardashian-West, who ranks with a net worth of $350 million by selling her followers a mobile game, emojis, and, most recently, cosmetics.

Today, Forbes Magazine featured Kylie Jenner as one of their "Self-Made Billionaire Women," in fact, they put her directly on the cover. "I don't want to do it with anyone else, '" Jenner told Forbes, saying she used almost a quarter million dollars of her own money from modeling to make the first 15,000 lip kits. For her part, Kylie seems less keen to compare and more keen on creating more lip kits. It's her hope that her mini me will some day take over her beauty business.

Earlier this week Jenner, a mother of one daughter named Stormi, announced she would stop receiving lip injections, known as dermal fillers.

However, Forbes noted that Kylie Cosmetics' growth has started to taper.

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