Kylie Jenner Is About To Become The Youngest Self-Made Billionaire

Kylie Jenner poised to become youngest billionaire ever

Kylie Jenner poised to become youngest billionaire ever

The youngest member of the "Keeping Up with the Kardashians" empire is just 20 years old, but has already accumulated more than $900 million largely due to her own makeup line, Kylie Cosmetics, which she owns 100 percent of.

She has a handful of full time employees, a factory in China and her marketing and finances are managed by the Kardashian matriarch, Kris Jenner.

Luckily for Kylie Jenner, she's officially won the Kar-Jenner billionaire race!

In addition to bringing in millions from her families' reality shows and many more millions from product endorsement deals, Forbes estimates her booming makeup company, Kylie Cosmetics, is worth almost $800 million.

Ultimately, her fortune success from one source: "Social media is an unbelievable platform", Jenner says.

Kylie joins other women, including her sister Kim Kardashian, media mogul Oprah Winfrey, singers Beyonce and Taylor Swift who also made the list. "It could easily be an instant game-changing acquisition for any company on the hunt for a winning brand with a younger customer", senior VP or merchandising at Ulta Tara Simon said.

The 20-year-old's net worth has skyrocketed beyond that of her siblings thanks to the success of Kylie Cosmetics.

The reality TV star, of course, boasts one of the most robust social media followings around with over 110 million followers on Instagram and millions more on Snapchat and Twitter.

Jenner has become the youngest person to ever appear in the ranking, and is estimated to be on her way to becoming the youngest self-made billionaire ever, ahead of even Mark Zuckerberg, who became a billionaire at age 23.

"Ever since I was in sixth grade, I would wear purple eye shadow", she remembers. "I was insecure about my lips, and lipstick is what helped me feel confident".

Forbes values her company - of which she owns 100% - at almost $800 million.

While Kylie first made headlines this week for choosing to dissolve her lip fillers, the girl still loves makeup, and she shared with Forbes that Kylie Cosmetics was founded from her own journey to find her passion.

"Maybe one day [I'll] pass this on to Stormi, if she's into it."

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