Kylie Jenner Is Richer Than Kim Kardashian West Thanks to Kylie Cosmetics

Brunilde Fioravanti
Luglio 11, 2018

Jenner - the cover girl of Forbes' August 2018 "America's Women Billionaires" issue, released online on Tuesday- is worth roughly $900 million, according to the magazine.

Forbes reports that Kylie Cosmetics is now worth almost $800 million (R10.7 billion) and Jenner owns 100% of the company.

According to Forbes' calculations, that makes her not only the Jenner-Kardashian with the highest net worth, but also the 27th richest self-made woman in the United States. Her sister Kim, the Kardashian who started it all, was 54th with an estimated net worth of $350 million. Forbes estimates that with another year of growth, she'll become the youngest billionaire ever, trumping Mark Zuckerberg.

In addition to bringing in millions from her families' reality shows and many more millions from product endorsement deals, Forbes estimates her booming makeup company, Kylie Cosmetics, is worth almost $800 million. Facebook's Mark Zuckerberg now holds the title when he became a billionaire at the age of 23. Jenner is both the face of the company and the sole owner.

Forbes' Natalie Robehmed details how Kylie Cosmetics has found success both by harnessing Jenner's enormous social media following and slashing costs by outsourcing labor.

"I struggled for a minute with finding something to do on my own", Jenner explained. "I don't want to do it with anyone else, '" Jenner said, adding that she used $250,000 of her savings from past modeling gigs to make her first 15,000 lip kits.

"Before I even refreshed the page, everything was sold out", Jenner said.

Reflecting on the future, Jenner said she plans on working on Kyle Cosmetics "forever" noting that maybe one day she'll "pass this on to" daughter Stormi "if she's into it".

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