Kylie Jenner got to her first billion two years younger than the Facebook founder, Mark Zuckerberg
The one topic that has people divided right now is whether or not Kylie Jenner is, in fact, a self-made billionaire.
Of course, there are way more important things to argue about than trying to figure out how Jenner sold enough makeup to place her alongside the 1% of the richest people in the world. However, as Forbes put it, it is best to give credit to innovative work where it is due.
Jenner is the daughter of Kris and Caitlin Jenner (formerly known as Bruce). She was born into the Kardashian multimillion dollar franchise. So, was she born at a lesser advantage than many? No.
Jenner’s life was destined to become something removed from the realm of conformity — of the norm.
She too could only attribute the success of her makeup company, Kylie Cosmetics, to the power of her social currency, and very little else.
That is telling. Alas, A couple of public appearances at the Ulta stores — with whom she signed a multimillion-dollar distribution deal — saw her rake in an estimated $360-million in revenue.
Considering the sales she rakes in from her online store, coupled with the retail sales — which are soaring at the moment — Oppenheimer estimated Jenner’s company at $1-billion.
“I popped up at a few stores, I did my usual social media—I did what I usually do, and it just worked.”
That is the 21-year-old’s basic explanation of how she managed to become the youngest self-made billionaire in history.
“I didn’t expect anything. I did not foresee the future but [the recognition] feels really good. That’s a nice pat on the back,” she said.