Updates

Latest Entries

Breaking Down Kylie Jenner’s Fortune as Forbes Names Her the World’s Youngest Self-Made Billionaire

It was just last year that mega-influencer Kylie Jenner made a name for herself as the youngest person on Forbes‘ fourth annual ranking of America’s Richest Self-Made Women, and now at 21 years old, Kylie Jenner is officially the world’s youngest self-made billionaire.
Forbes cites the influencer’s cosmetics line as the reason for her exponential growth. The publication estimated that revenue for Kylie Cosmetics has climbed 9% last year to an estimated $360 million. “With that kind of growth, and even using a conservative multiple from the booming makeup industry, Forbes estimates Jenner’s company is worth at least $900 million,” writes Forbes, who totaled her estimated fortune to $1 billion today.
Like most of her family members, Jenner has dabbled in a series of brand endorsements and partnerships in both the fashion and beauty categories over the years, making her no stranger to the footwear biz.
Last summer, Jenner was named an Adidas ambassador (she previously had made a million-dollar deal with Puma, but things ended after two years). Jenner also has a fashion line that specializes in clothing and footwear with her sister Kendall Jenner, who also has a deal with Adidas.
In addition, Jenner’s beauty line, Kylie Cosmetics, has had rapid success

Follow Footwear News on Twitter or become a fan on Facebook.

Read More…

Via:: https://footwearnews.com/2019/business/entrepreneurs/kylie-jenner-billionaire-forbes-youngest-self-made-1202757430/