But she said it was makeup that helped her breakout. Thanks to this minuscule overhead and marketing costs, Forbes writes, the profits are outsize and go directly to Jenner. I'll let that sink in for a moment.
Television personalities (L-R) Kim Kardashian, Kourtney Kardashian, Khloe Kardashian and Kris Jenner arrive at the grand opening of the Kardashian Khaos store at the Mirage Hotel and Casino in Las Vegas, Nevada December 15, 2011. Kylie has followed the Kardashian business model of leveraging her assets for fame and money. While the title is certainly exciting, Jenner's dreams for her business are all about one thing - Stormi.
However, the magazine says it would take more than a slow year of sales to stop Jenner from reaching billionaire status and making history. Kylie Cosmetics is worth an estimated $800 million.
Kylie started the company due to her own insecurities over her lips which she wanted to change with lip-fillers.
Other sources of her fortune include, TV programs and sponsored products like Puma sports shoes and Pacsun clothing completing her 90 billion Kenyan Shillings worth at only 20.
Another year of growth would make her the youngest self-made billionaire ever, male or female, the magazine said. Facebook's Zuckerberg didn't make his first billion until the age 23.
Kylie is the youngest in this list who turns 21 in August.
Being the daughter of Olympics decathlon star Caitlyn Jenner and "momager" Kris Jenner, she was born into a life of privilege.
"Social media is an wonderful platform", Jenner said.
'CANT BE MORE PROUD, ' Travis captioned the pic along with some heart emojis proving that he's definitely happy for Kylie. She has more than 110 million followers on Instagram, 25.6 million on Twitter and 16.4 million follow her company directly. Last year, that meant Kylie paid her mom $17 million.
Certainly, Jenner has done exceptionally well for herself, especially in the context of her famous family. Kylie Lip Kits relaunched as Kylie Cosmetics in February 2016 with 500,000 lip kits in six shades stocked. Fast forward to a year or so later, and Kylie Cosmetics had raked in $430 million in just 19 months.
Kylie Cosmetics has generated around $230 million in net profit.