How Kylie Jenner became the world's youngest billionaire, according to Forbes
LOS ANGELES - Kylie Jenner on Tuesday was named the youngest self-made billionaire of all time by Forbes magazine, thanks to the booming cosmetics company she founded three years ago.
Forbes said she was both the world’s youngest billionaire and also the youngest self-made billionaire ever. Last year, Kylie Cosmetics did an estimated $360 million in sales, according to Forbes. Jenner, who has a one year-old daughter, owns 100 percent of the company. Kylie Cosmetics last year signed a deal with Ulta Beauty Inc to put her products in all of the retailer’s 1,163 U.S. stores.
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