Forbes magazine stated that she would become the youngest self-taught billionaire while her cosmetic empire continues to grow.
And as the news broke, 20-year-old Kylie Jenner enjoyed a few days of R & R in Hawaii Travis Scott, 27, and her five-month-old daughter Stormi, anticipating the rapper's work on her third studio album.
According to TMZ, the trio spent a few idyllic days in Honolulu, staying in a luxurious Airbnb rental. filled with "Stormy's fave toys" and "recording studio" for Travis
Relax: Kylie Jenner, 20, enjoyed a few days of R & R in Hawaii with handsome Travis Scott, 27, and his five-month-old Stormi girl, anticipating the rapper's work on her third studio album
The family would have used her free time for a private beach before Kylie and Stormi returned to Los Angeles »
A source said to the publication: "B just an hour after Kylie and Stormi are re shot in Los Angeles, Travis stole from the famous producers Nav, Gunna and Cash. [19659002] & # 39; All crew is in grind mode in the home studio. Travis keeps the private beach, he installed the producers in a nearby hotel. MailOnline contacted representatives of Kylie Jenner and Travis Scott to comment.
The reports come after Kylie landed the cover of Forbes magazine as they labeled her "Queen of Cosmetics" and said on the cover that she is the youngest Holiday: According to TMZ , the trio took advantage of some idyllic days in Honolulu, staying in a luxurious Airbnb rental that was filled with "Stormi's favorite toys" and a "recording studio" for Travis ” clbad=”blkBorder img-share” />
Vacation: According to TMZ, the trio enjoyed a few idyllic days in Honolulu, staying in a luxurious Airbnb rental that was filled with Stormi's favorite 'toys'. and & # 39; studio recording & # 39; for Travis
Chill: Family Would Have Enjoyed Time pbaded on a private beach before Kylie and Little Stormi returned to Los Angeles while the # Travis' production crew was fleeing
. They wrote: "At 21, she will be the youngest self-taught billionaire. Welcome to the era of the extreme influence of fame.
According to the publication, Kylie, who turns 21 on August 10, is currently worth about $ 900 million through her line of cosmetics.
Once she has crossed the $ 1 billion mark, she will overthrow Mark Zuckerberg of Facebook as the youngest self-taught billionaire.
In the story accompanying the cover, Forbes said that they estimate that Kylie Cosmetics has raked in $ 630 million since its launch in 2015.
Labor: A source told the publication: "Barely an hour after Kylie and Stormi returned to Los Angeles, Travis flew in the famous producers Nav, Gunna and Cash
The article reads: "Even using a conservative multiple, and applying our standard discount of 20%, Forbes values its company, which has since added new Other cosmetic products such as mascara pears and concealers, at nearly $ 800 million. Jenner owns 100%
"Add to that the millions that she earns through TV programs and Puma products and PacSun clothes, and $ 60 million in after-tax dividends that she has taken from her company, $ 900 million, which with her age makes her the youngest person in the fourth annual ranking of the richest women in America. "
According to the article Kylie employs only seven full-time and five part-time employees in business, outsourcing production and sales.
Bananas: The reports come after Kylie landed the cover of Forbes magazine as they l & # 39; 39 nicknamed the "queen of cosmetics" and said on the cover that she should be the youngest billionaire self-made billionaire
Success: According to the publication, Kylie, who turns 21 on August 10, is currently worth estimate $ 900 million through its line of cosmetics. Once she has crossed the $ 1 billion mark, she will overthrow Mark Zuckerberg as the youngest self-styled billionaire
. Like all her children, Kris takes care of her daughter's finances and public relations for a 10% fee. Last year, Kylie paid $ 17 million to her mother.
The $ 29 Kylie Lip Kits debuted in November 2015 and sold in seconds.
The Kylie Lip Kits have begun a general trend in the industry for liquid matte lipsticks, with drug brands and department stores are quickly going on the market with similar products.
Next, Kylie will launch her limited edition summer collection on Friday.
Beauty: The $ 29 Kylie Lip Kits made their debut in November 2015 and were sold in seconds. Next, Kylie will launch her limited edition summer collection on Friday
