Kylie Jenner Is Now The World’s Youngest Billionaire

Forbes Just Got Schooled For Calling Kylie Jenner the youngest Self Made Billionaire Ever

Kylie Jenner officially hit the billions mark thanks to Kylie Cosmetics, making her the youngest self-made person to achieve hat milestone since Mark Zuckerberg.

Jenner, whose net worth is estimated at one billion USA dollars (£761 million), has appeared on Forbes' billionaires list for the first time, ranked at number 2,057 overall.

Not only is this Jenner's first appearance - she's also become Forbes' youngest ever self-made billionaire.

Kylie Cosmetics made about $360 million a year ago.

"I didn't expect anything".

So to the internet we say this: we've found your self-made billionaire make-up mogul. Forbes says Jenner's company is worth at least $900 million and, when adding the money Jenner already had and subtracting her mother's 10 percent management fee, that puts her at $1 billion.

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The magazine lauded Jenner as "self-made" because she didn't inherit any money from her family, but built her own businesses. Reportedly, Mark Zuckerberg became a young billionaire at the age of 23 years before Kylie broke his record.

Ms Jenner may have used her social media status to drive her company's advertising, but many on Twitter took exception to Forbes' definition of "self-made", claiming much of her success was dependent on her family's celebrity.

During an interview with Paper magazine last month, Jenner acknowledged her huge platform but said her parents "cut her off at the age of 15".

Dictionary.com even tweeted a definition of the phrase. Talking about its staff, it is managed by only 12 employees (five out of whom are part-time) and most of her products are outsourced.

Continuing to try and prove his commitment to Kylie, Travis gave her a shout out during his concert in NY days after the cheating allegations, screaming: "Love you, wifey!" at the end of the show.

Her fortune is padded with endorsements, the reality TV show, "Keeping Up With The Kardashians" and real estate.

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