Kylie Jenner Lands on Forbes’s Cover With $800 Million Makeup Business

Kylie Jenner Lands on Forbes’s Cover With $800 Million Makeup Business
NEW YORK, NY - MAY 07: Kylie Jenner attends the Heavenly Bodies: Fashion & The Catholic Imagination Costume Institute Gala at The Metropolitan Museum of Art on May 7, 2018 in New York City. (Photo by Neilson Barnard/Getty Images)
7/12/2018
Updated:
7/12/2018

Twenty-year-old makeup mogul Kylie Jenner, has been receiving pieces of great news one after another. After her baby daughter Stormi joined the family in February, Kylie has now made it to cover of Forbes, with considerable assets of $900 million from her cosmetics business, according to Forbes.

After the launch of a $29 lip kit two years ago, Jenner’s Kylie Cosmetics has sold more than $630 million worth of makeup ever since, with other cosmetic products such as eye shadows and concealers debuting later. The value of the company was estimated to value $800 million, and she owns it 100 percent.

Besides her makeup career, Jenner has also made product endorsements and TV programs. Adding $60 million in estimated after-tax dividends given by her company, it is fair to name Jenner the youngest person on the fourth annual America’s self-made richest woman, who will be celebrating her birthday in August.

LOS ANGELES, CA - JULY 09: (L-R) Amanda Brugel, Yvonne Strahovski and Kylie Jenner attend 'The Handmaid's Tale' Hulu finale at The Wilshire Ebell Theatre on July 9, 2018 in Los Angeles, California. (Photo by Emma McIntyre/Getty Images for Hulu)
LOS ANGELES, CA - JULY 09: (L-R) Amanda Brugel, Yvonne Strahovski and Kylie Jenner attend 'The Handmaid's Tale' Hulu finale at The Wilshire Ebell Theatre on July 9, 2018 in Los Angeles, California. (Photo by Emma McIntyre/Getty Images for Hulu)

It seems safe to say that Kylie Jenner will probably in few months hit the billionaire status depending on the speed of her cosmetics business booming. And for the records, Mark Zuckerberg made it when he’s 23, while Jenner will likely get there at her 21.