Kylie Jenner On The Verge Of Becoming The Youngest Self Made Billionaire At Age 21

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Kylie Jenner who is the youngest member of the Kardashian family is set to be the youngest self made billionaire in the World.

The young mother of one runs one of the hottest makeup Companies ever,  with over $630 million worth of makeup sold since Kylie cosmetics launched two years ago with a $29 "lip kit" including an estimated $330 million made in 2017. The company has grown since then adding other cosmetics like eye shadow and concealer taking sales to about $800 million and Kylie owns 100% of it.

Add to that the millions she's earned from TV programs and endorsements such as Puma and PacSun clothing, she is worth $900 million with her age making her the youngest person on the fourth annual ranking of America's Richest Self Made Women. Another year of growth will make her the youngest self made billionaire, male or female, trumping  Mark Zuckerberg who became a billionaire at age 23.

Her near billion dollar company consists of seven full time and five part time employees with manufacturing and packaging outsourced to Seed Beauty, a private-label producer based in oxnard, California. Sales and fulfillment outsourced to online outlet Shopify. Her shrewd mother, Kris handles the actual business stuff, with exchange for 10% management cut she takes from all her children.

Basically all what Kylie does to make all that money is leverage her social media following. Almost hourly, she takes to instagram and snapchat to upload pictures of herself with the type of Kylie cosmetics she is putting on and takes videos of forthcoming products and announces new launching date. It sounds insane considering she has 110 million followers on instagram and more millions of followers on snapchat,  with the bulk being young women and girls, thereby creating a platform to advertise her products to her massive audience. Thus she's approaching billionaire status by making use of her fame on social media to make money.

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