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Kylie Jenner to be 'youngest self-made US billionaire' | Kylie Jenner to be 'youngest self-made US billionaire' |
(about 2 hours later) | |
Keeping Up with the Kardashians star Kylie Jenner is worth $900m (£680m) at just 20 years of age, says Forbes. | |
The business magazine said the social media star is on track to become "the youngest-ever self-made billionaire". | The business magazine said the social media star is on track to become "the youngest-ever self-made billionaire". |
The fashion guru, the youngest of the Kardashian clan, starting selling her own cosmetics three years ago. | |
Her most famous sibling, Kim Kardashian West, 37, has a notably lower net worth of $350m. | |
Ms Jenner, who is still currently not old enough even to legally drink alcohol in the US, will turn 21 in August as her Forbes cover edition hits newsstands. | |
"What her half-sister Kim Kardashian West did for booty, Jenner has done for full lips," Forbes writes, describing her famous pout. | "What her half-sister Kim Kardashian West did for booty, Jenner has done for full lips," Forbes writes, describing her famous pout. |
Earlier this week Ms Jenner, a mother of one daughter named Stormi, announced she would stop receiving lip injections, known as dermal fillers. | |
She admitted during an episode of Keeping Up With The Kardashians in 2015 that her natural lips had been "an insecurity" that she wanted to change with temporary lip fillers. | |
She later launched her brand Kylie Cosmetics, which included a line of lip products designed to help customers make their lips look bigger through over-lining and filling. | She later launched her brand Kylie Cosmetics, which included a line of lip products designed to help customers make their lips look bigger through over-lining and filling. |
Unlike those of traditional cosmetic brands, her products are almost exclusively sold online. | |
Her cosmetics have proven exceptionally popular with fans, selling out almost instantly at every website re-stock and leading to server crashes. | |
Ms Jenner's company, which she wholly owns, is worth $800m, according to Forbes. | |
She is number 27 on Forbes' list of richest self-made women in America, leap-frogging Barbra Streisand ($400m), Beyonce Knowles ($335m) and Taylor Swift ($320m). | She is number 27 on Forbes' list of richest self-made women in America, leap-frogging Barbra Streisand ($400m), Beyonce Knowles ($335m) and Taylor Swift ($320m). |
Ms Jenner is on track to become a billionaire earlier than Mark Zuckerberg, the founder of Facebook, who achieved that status at age 23. | |
Evan Spiegel, the owner of Snapchat, also became a billionaire in his early 20s, but it is unclear exactly when he met that goal. | Evan Spiegel, the owner of Snapchat, also became a billionaire in his early 20s, but it is unclear exactly when he met that goal. |
"wow. i can't believe I'm posting my very own @forbes cover," she wrote to her 110m Instagram followers on Wednesday. | "wow. i can't believe I'm posting my very own @forbes cover," she wrote to her 110m Instagram followers on Wednesday. |
"thank you for this article and the recognition. I'm so blessed to do what i love everyday. i couldn't have dreamt this up!" | "thank you for this article and the recognition. I'm so blessed to do what i love everyday. i couldn't have dreamt this up!" |
Dictionary.com tweeted a definition, seemingly directed at the Forbes piece, that "self-made means having succeeded in life unaided". | |
Ms Jenner first rose to fame at the age of 10 when she appeared with her family on their eponymous reality show. | |
On social media, some users scoffed at Forbes' use of the term "self-made", pointing out that Ms Jenner's parents were already wealthy and famous. | |
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