Tag Archives: Kylie Cosmetics

Kylie Jenner on Being Self-Made: ‘There’s Really No Other Word to Use’

Kylie Jenner wants people to put some respect on her name because she agrees with Forbes that she is self-made.

The reality star was dubbed the “youngest self-made billionaire” thanks to the success of her Kylie Cosmetics empire. She opened up to the German edition of Interview Magazine and says she’s “very proud” of her success. “There’s really no other word to use other than self-made because that is the truth,” Jenner said in an interview published Thursday.” That is the category that I fall under.”

She did note that her popularity before launching her beauty line helped her out a lot but insists that she didn’t receive any financial support from her famous parents. “[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,” Kylie said. “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.”

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Kylie Jenner Ties JAY-Z on Wealthiest Celebrities in America List

Kylie Jenner has earned another noteworthy accolade this year, thanks to her long bank account.

On Tuesday, the 21-year-old showed up on Forbes’ Wealthiest Celebrities in America list, arriving at No. 5 with a total assets of $900 million. In spite of the fact that Jenner has her hands in everything from reality television to major endorsement deals, a large portion of her cash originates from Kylie Cosmetics—a super successful beauty line that she has 100% ownership.

Kylie, who is anticipated to become “the youngest ‘self-made’ billionaire,” says platforms like Instagram plays a huge role in her success.

“Social media is an amazing platform,” Jenner told Forbes. “I have such easy access to my fans and my customers.”

Kylie Jenner shares the No. 5 opening with JAY-Z, whose net worth grew by $90 million in the recent year. Forbes credits the flood to Hov’s deals with companies like Armand de Brignac champagne and D’Ussé cognac, as well as his stakes in Roc Nation and Tidal.

George Lucas leads the pack with $5.4 billion. Steven Spielberg takes the No. 2 position ($3.7 billion); Oprah Winfrey comes in at No. 3 ($2.8 billion); and Michael Jordan pursues with $1.7 billion.

Adjusting the main 10 are David Copperfield (No. 7, $875 million), Diddy (No. 8, $825 million), and Tiger Woods and James Patterson, who tied at the No. 9 position with $800 million each.

As per Forbes, the 10 wealthiest American big names in 2018 have a consolidated worth of $18.7 billion.

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