Gulp. What it would be like to be a self-made billionaire at the age of 21.
If only I could go back to my 18 year-old self and be like, “girl, go make that money”.
Oh wait, I did and instead I took the student loan debt route HA.
But today we found out Kylie Jenner Is Officially The Youngest ‘Self-Made Billionaire’ and we can’t help but be a little jelly (jealous).
Kylie Jenner Is Officially The Youngest ‘Self-Made Billionaire’
So, by now you might be saying to yourself, “Well, she also had help from her famous family”.
And you’re right.
And guess what? Kylie Jenner owns that. Saying:
“It’s the power of social media,” Jenner told Forbes. “I had such a strong reach before I was able to start anything.”
So, she knows she had an advantage but decided to use that to do something for herself.
Kylie Jenner, who at 20 years old made the cover of Forbes last year because she was poised to become the youngest billionaire, is back on Forbes again because she is now the youngest “self-made” billionaire at 21.
While she may have had help due to her famous family, she also started her own business, Kylie Cosmetics company and it is now worth $900 million.
The kicker – she owns all of it.
With “the cash Jenner has already pulled from the profitable business,” Forbes wrote, Jenner is officially $1,000,000,000 rich. She beats out the previous titleholder, Facebook’s Mark Zuckerberg, who became a billionaire at the age of 23.
She even beat Zuckerberg, what an accomplishment!
And in case you are wondering, she did defend her “self-made” title to Paper magazine last month saying:
“The self-made thing is true,” she said, noting her parents “cut her off at the age of 15.”
“My parents told me I needed to make my own money, it’s time to learn how to save and spend your own money, stuff like that,” she said. “What I’m trying to say is I did have a platform, but none of my money is inherited.”
Whether or not you like Kylie or the Kardashian Family, you can’t deny she is a brilliant business owner and her success is something worth recognizing.