Love her or hate her, Kylie Jenner is one smart businesswoman, having turned a passion for beauty products into a multi-million dollar brand, Kylie Cosmetics. Couple that with her many, many endorsements and her role on hit reality show Keeping Up With The Kardashians and Jenner is on track to become the youngest self-made billionaire, male or female, in history, effectively unseating Mark Zuckerberg.
*pause for dramatic effect*
The Facebook founder, who is now estimated to be worth more than $70 billion, went from millionaire to billionaire at age 23. To put that into perspective, Kylizzle is currently worth $900 million and she’s only 20-years-old.
To commemorate the exciting achievement, Jenner graces the new cover of Forbes magazine.
“Wow,” wrote Jenner on Instagram. “I can’t believe I’m posting my very own Forbes cover. Thank you for this article and the recognition. I’m so blessed to do what I love every day. I couldn’t have dreamt this up!”
According to the feature, Kylie Cosmetics, which was founded by Jenner three years ago, has clocked in more than $630 million in sales. Currently worth $900 million (knocking big sis Kim Kardashian off the top slot with an estimated $350 million), she is on track to hit the billion-dollar mark within the next year.
“I struggled for a minute with finding something to do on my own,” Jenner told Forbes.
“Ever since I was in sixth grade, I would wear purple eyeshadow,” said Jenner. “I turned to makeup to help me feel more confident.”
She goes on to credit social media as a major marketing tool that has helped her grow her business.
“Social media is an amazing platform,” Jenner said. “I have such easy access to my fans and my customers.”
Finally, she tells the mag that she plans on one day passing the fam business on to bb Stormi.
“Maybe one day [I’ll] pass this on to Stormi, if she’s into it,” Jenner said.
The only real question now is when will a The Social Network-esque movie about Kylie’s life be made?