Kylie Jenner in Forbes? Normal, she's about to become the youngest billionaire in history



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FASHION – Kylie Jenner in front of the press people, it's déjà vu. On the other hand, the youngest sister of the Kardashian-Jenner clan in Forbes the American bible of business is more surprising.

And yet, the star of reality TV has not stole its place, as Forbes explains it in an article soberly titled "How Kylie Jenner, 20, built a fortune of 900 million dollars in less than three years". A performance that justifies its presence on the cover of this special issue on the "60 'self-made women' the richest," published July 11.

Quasi billionaire in three years? No, it's not thanks to the show "The Incredible Kardashian Family", which she has been part of since 2007, but thanks to the cosmetics company she founded.

"Kylie Cosmetics was launched two years ago with a $ 29 lipstick kit consisting of a matching lipstick and lipstick, and has sold more than $ 630 million worth of makeup since, including an estimated $ 330 million for 2017. Even with a cautious multiple, and applying our standard 20% discount, Forbes estimates its business (…) at nearly $ 800 million. Jenner owns 100% of the shares. "

By adding its revenues related to the family reality TV show, as well as its advertising contracts (Puma, PacSun ..), the magazine reaches this estimate" "For a comparison, Forbes estimates Kim Kardashian's fortune at about $ 350 million, just under three times less than his half-sister,

Even better, Kylie Jenner could become the youngest self-made billionaire in history, dethroning Mark Zuckerberg next year, sorry for that. The founder of Facebook reached this stage of wealth at age 23 …

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