No one would have seen this coming, but Kylie Jenner is a billionaire. The position of billionaire status for Kylie Jenner didn’t come clear of hate. Many say with the help of a rich family, Kylie had the launching pad from birth to hit billionaire status. The reports made by Forbes is that Kylie Jenner is a self made billionaire. Not the truth as many believe. The thought is that Kylie was born with a golden spoon in her mouth. With a golden spoon in the mouth or not, Kylie is business oriented and gifted to reach such height.
We have seen many kids born to rich parents and live a disastrous life that is focused on mommy and daddy’s flow of income. Kylie took advantage of the riches she grew into and ran with it by making something independent for herself that rounded off her net-worth to billionaire status.
Jenner’s latest boost in wealth comes primarily from Kylie Cosmetics, her makeup company, which Forbes now values at $900 million. Kylie Cosmetics, which is projected to rake in $1 billion in lifetime sales by 2022, signed an exclusive distribution deal with the retailer Ulta last summer that quickly boosted sales for Jenner’s company (Forbes says Kylie Cosmetics sold $54.5 million worth of products in Ulta stores over the first six weeks of the deal). Jenner says that she plans to work on the company “forever” and then pass it down to her daughter, Stormi, who recently celebrated her first birthday.
Kylie is looking on her brand as a household family empire that includes her daughter, and excludes her sisters. The silent billionaire killer is looking to hand down her brand to her daughter one day. We cannot help but wonder how many of Kylie’s sisters are jealous of her new found net-worth status. Women after all are known to be extremely jealous of even their loved ones. Kylie Jenner’s billionaire status comes at the age of 21 years old. She has hit the history books as the first to hit billionaire status at a young age.