Kylie Jenner Is Still the ‘Youngest Self-Made Billionaire’ Despite Criticism

Forbes has declared Kylie Jenner to be the “youngest self-made billionaire in the world” for the second year in a row.

Tuesday, the business magazine released its annual World’s Billionaires list, where the 22-year-old came in 1,990th place with a projected net worth of $1 billion.

While the “Life of Kylie” star was the youngest on the list, 23-year-old Norwegian heiress Alexandra Andresen was the second-youngest with a reported net worth of $1.1 billion.

Jeff Bezos — founder, president, and CEO of Amazon — took the top spot with a projected net worth of $113 billion.

The publication reports there are 2,095 billionaires in the world.

After Forbes predicted it in August 2018, the makeup mogul officially made 10 figures in March 2019 at age 21. She even bested Facebook co-founder Mark Zuckerberg, who became a billionaire when he was 23.

In January of this year, Jenner officially sold 51 percent of her Kylie Cosmetics line to beauty company Coty Inc. for $600 million. After the deal closed, Jenner’s business was reportedly valued at about $1.2 billion.

Despite Forbes’ declaration, many have doubts whether Jenner is actually “self-made” given her family’s wealth and reality TV fame.

In the March 2019 issue of Interview Germany, the mother of one — who shares daughter Stormi Webster, 2, with ex Travis Scott — defended herself against critics.

“There’s really no other word to use other than ‘self-made’ because that is the truth. That is the category that I fall under,” she told the magazine. “Although, I am a special case because before I started Kylie Cosmetics, I had a huge platform and lots of fans. I did not get money from my parents past the age of 15. I used 100 percent of my own money to start the company. Not a dime in my bank account is inherited… and I am very proud of that.”

Last month, Jenner donated $1 million to provide face masks, face shields, and other protective gear to medical workers amid the coronavirus pandemic.


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