Who has been named as the Youngest-ever Self-made Billionaire by Forbes?

Asked 06-Mar-2019
Updated 05-Apr-2023
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According to Forbes, Kylie Jenner, the American media personality, socialite, model, and businesswoman, was named the youngest-ever self-made billionaire in 2019. She achieved this remarkable feat at the age of 21, thanks to her cosmetics brand, Kylie Cosmetics.Who has been named as the Youngestever Selfmade Billionaire by Forbes

Kylie Jenner started her career as a model and appeared in several reality TV shows, including "Keeping Up with the Kardashians," which featured her family. However, it was her business acumen that made her a billionaire. In 2015, she launched Kylie Cosmetics with a range of lip kits, which became an instant success. The company was initially run from her home, but soon grew into a multi-million dollar empire.

Kylie Cosmetics has since expanded its range of products to include eyeshadows, blushes, and other cosmetics. The brand has been endorsed by several celebrities and has a massive social media following. Kylie Jenner's personal social media accounts have over 200 million followers, which has helped in promoting her brand to a massive audience.

Kylie Jenner's success as a self-made billionaire has not been without controversy. Some critics have argued that she was born into a wealthy family and had a significant advantage over other entrepreneurs. Others have also criticized her for using her family's fame and influence to promote her brand. However, Forbes defended their decision to name her as a self-made billionaire, stating that she had built her business from scratch and was the youngest self-made billionaire in history.

Despite the controversy, Kylie Jenner's success has inspired many young entrepreneurs and has highlighted the power of social media in building a successful business. Her story is a testament to the fact that with hard work, dedication, and a good business idea, anyone can achieve success.

In conclusion, Kylie Jenner was named the youngest-ever self-made billionaire by Forbes in 2019. She achieved this remarkable feat at the age of 21, thanks to her cosmetics brand, Kylie Cosmetics. While her success has been met with some criticism, there is no denying that she has built a successful business from scratch and has inspired many young entrepreneurs.

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