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It's Queen Midas
Kylie Jenner is sitting at a dark wood table at her mother's home in Calabasas, California, flipping through the display options for an upcoming pop-up store. The youngest member of the Kardashian-Jenner Industrial Complex must decide how to display the products of his makeup company Kylie Cosmetics.
She touches her black X-ray iPhone with a shiny silver nail and turns the screen to show a Vending Machine crew. "Guys, imagine that, but plenty of lip kits," says Jenner, dressed in a black blazer and a pair of black patent leather Louboutins with bright red soles. "I think it should be a transparent vending machine where all the colors can be seen," says the young woman, according to Forbes Mexico.
Like her half-sister Kim Kardashian, she used her badets to earn fame and money. But while Kim is best known for scandals, Jenner has turned out to be very good with business. And in a historical way.
With only 20 years old – she will be 21 in August – and being a young mother – she had her daughter Stormi in February -, Kylie Jenner runs one of the most popular makeup companies of all ages . Times, for which Forbes magazine has placed it on its cover as one of the 60 most important billionaire women in the United States.
Kylie Cosmetics emerged two years ago with a $ 29 lip kit consisting of a set of lipstick pencils and lip pencil, and since then it has sold more than $ 630 million in make-up, of which about 330 million in 2017.
Even using a conservative multiple, and applying our standard 20% discount, Forbes company, which already includes other cosmetic products such as eye shadow and hiding -cernes, in nearly 800 million dollars. In addition, Kylie owns 100%.
To this are added the millions that she has earned in television shows and promoting products like Puma Shoes and PacSun Clothing, and $ 60 million in after-tax dividends that she removed him. Her business, and she is worth $ 900 million, which with her age make her the youngest person in the fourth annual ranking of the 60 richest self-made business women of the United States in 2018
At a glance
Almost to make history
If Kylie Jenner's fortune reached a billion dollars next year, she would become the The youngest self-taught billionaire of all time, man or woman, surpbading Mark Zuckerberg, founder of Facebook, who became a billionaire at the age of 23.
More names
The list of Forbes magazine is led by Diane Hendricks, with a figure of 5 billion; it also includes the singer Beyoncé and the host and producer Oprah Winfrey
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