Who Is The Youngest Billionaire
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The youngest billionaire in the world is Kylie Jenner, the 22-year-old beauty mogul and reality TV star. Jenner reportedly became a billionaire in March 2019 after selling a 51% stake in her beauty empire, Kylie Cosmetics, to Coty Inc.
At the time, Forbes estimated her net worth at $1 billion, making her not only the world’s youngest billionaire, but also the youngest self-made billionaire in history. Kardashian first gained fame as a member of the reality show Keeping Up With The Kardashians, which showcased the day-to-day life of Kardashian and her family.
Jenner began her journey to billionaire-status in 2015 with the launch of Kylie Lip Kits, a set of liquid lipstick and lip liner that sold out within minutes. Later that year, she launched Kylie Cosmetics, a line that now sells over $20 million worth of makeup every month.
Kylie Cosmetics has exploded into a global brand, selling products in Ulta stores around the world and teaming up with Amazon and Sprint. Her success has inspired her to become an entrepreneur in other industries as well, launching her own haircare and skincare brands, among other business ventures.
Although most of Kylie Jenner’s wealth is self-made, her status as a billionaire is also attributed to her older sisters, who are all part of the Kardashian empire. Kim, Khloe and Kourtney have all cashed in on Jenner’s success, while Jenner herself has become the face of the family.
With her admirable business acumen, 21st-century celebrity status, and influence over an entire generation of girls and young women, Kylie Jenner is an example of a successful self-made female in the 21st century.