YOU MAY NOT KNOW–Kylie Jenner: The world’s youngest female billionaire, owns her own cosmetics empire

Female billionaire Kylie Jenner

At the age of 21, Kylie Jenner owned a fortune of $1 billion to become the world’s youngest self-made billionaire.

The ugliest girl in the family…

Kylie Jenner was born on August 10, 1997, in Los Angeles, California, USA. She is the youngest daughter of Caitlyn Jenner – the 1976 Summer Olympics decathlon gold medalist and Mrs. Kris Jenner. She has a biological older sister, Kendall, three older half-sisters, Kourtney, Kim and Khloé Kardashian, and a half-brother, Rob.

Kylie also has three older half-siblings, Burt, Brandon, Brody Jenner and Casey. She attended Sierra Canyon High School, where she was a member of the cheerleading team. In 2012, she decided that homeschooling would be a better option and enrolled in a homeschooling program. She then graduated with a high school diploma in July 2015 from Laurel Springs High School in Ojai, California.

Since Kylie was little, she’s heard so many people say that she’s the ugliest girl in her flashy family. Looking at Kardashian family photos over the years, many people wonder why the little girl with the bumpy nose, excessively pointed chin and thin lips is the same mother and father as the beautiful teenage model Kendell Jenner. Beautiful, half-sister of Kim Kardashian, the most infamous girl in Hollywood, but it cannot be denied that she has sharp beauty.

Kylie’s childhood and adolescence passed in luxury thanks to her wealthy family, but they were also nightmare years because of her appearance complex. She was never tall enough to be a model like her sister Kendall, nor could she become a famous reality TV star like her sister Kim, although in the beginning, her reputation was mainly thanks to her contributions to the world. appeared on the show Keeping Up With The Kardashian.
With her natural appearance, Kylie is not that ugly. She is still a pretty, easy-going girl, but there is “no way” to become the number one hot girl like today. For many years, she became the subject of bullying and was labeled ugly.

She rose to fame in 2007, when Kylie Jenner, along with her parents and siblings Kendall, Kourtney, Kim, Khloé, and Rob, began appearing in the reality television series Keeping Up with the Kardashians, about their lives. and the personal affairs of their family members. The series was a success on E! and it led to a series of follow-up shows such as Kourtney and Kim Take Miami, Khloé & Lamar, Kourtney and Kim Take New York, and Kourtney and Khloé Take Hamptons, in which Jenner appeared in several episodes. as a guest.’

Not only does Kylie Jenner own a huge fortune, she also has the beautiful beauty and body of a supermodel

Jenner has two nail polish brands: Wear Something Spar-kylie and Rainbow in the S-kylie from Nicole by OPI. They earned $100,000 per OPI endorsement deal in 2013. On November 15, 2013, the Jenner sisters announced that they would launch The Kendall & Kylie Collection with PacSun in February. two thousand and thirteen. They have conceptualized and released several collections for the PacSun fashion line. In July 2013, the Jenner sisters launched a new jewelry line with Glamhouse’s Pascal Mouawad to create a jewelry set called Metal Haven by Kendall & Kylie.
In February 2014, she and Kendall launched a line of shoes and handbags for Steve Madden’s Madden Girl line. Jenner expanded her hair products with Bellami Hair under the Kylie Hair Kouture brand, which includes 16 different colors and a comb to help dry wet hair.

…But the most successful in the house

In 2015, the youngest sister of the thi phi family launched the cosmetics brand Kylie Cosmetics, which includes lipstick models associated with her name and image along with eyeliner models and other cosmetics. Over the past 18 months, Kylie Cosmetics has become the world’s best-selling cosmetics brand.

Initially, they only sold online and in mobile stalls. After that, she signed an exclusive distribution contract with beauty product retailer Ulta. Thanks to that, Kylie Cosmetics is present in more than 1,000 stores of this chain.

The highlight of this company is its extremely small costs, and the huge profits fall directly into Jenner’s pocket. Her cosmetics empire has only 7 full-time and 5 part-time employees. Marketing activities are done mainly through social networks – where Jenner has a huge number of followers. She directly announces all product information to her 175 million followers on Snapchat, Instagram, Facebook and Twitter. “That’s the power of social media. I have a huge reach before I start doing anything,” she said.

In just the next six weeks, Kylie Cosmetics sold $54.5 million in products at Ulta, according to Oppenheimer estimates. “I showed up at some stores, doing things like I usually do on social networks. And it worked,” Kylie said on Forbes. In February 2015, Jenner bought herself a 5-bedroom luxury villa worth $2.7 million in Calabasas, California.
“Its revenue reached 420 million dollars – an unbelievable number,” according to the announcement of Kris Jenner – the company’s chief financial officer – to Women’s Wear Daily (WWD). And the sales pace of Kylie Cosmetics products shows no signs of stopping.

This year, sales of this cosmetic line increased by 25% compared to last year, reaching 386 million USD even though the year has not ended. According to WWD’s forecast, by 2022, Kylie Jenner will join the world’s dollar billionaires club. Kylie Cosmetics’ growth rate even surpasses large and long-standing cosmetic brands such as L’Oréal’s and Lancôme. These cosmetic lines need 80 years to reach $1 billion in sales.

In just a few years, the 24-year-old young woman has created a cosmetics and fashion empire bearing her name. Kylie Cosmetics is entirely owned by Jenner. When information about Kylie’s income was announced, the American press was stunned and had to admit: “Kylie Jenner is the most successful person in the Kardashian family.”

In addition, she also earns money from TV shows and product advertisements. Her total assets are therefore estimated to be up to 1 billion USD. “I don’t expect anything at all. I also can’t see the future. But the product was accepted quite well. That’s a compliment.”

In the list of world billionaires just announced by Forbes, Kylie Jenner is currently the youngest person. At the age of 21, she was even the youngest self-made billionaire ever, reaching the billion-dollar assets milestone before Facebook boss Mark Zuckerberg (then 23 years old).

In 2017, Kylie was included in Forbes Magazine’s Celebrity 100 list, becoming the youngest person on this list. According to Forbes magazine, Jenner’s fortune is estimated at 1 billion USD and thereby helped her become the youngest self-made billionaire in the world in March 2019. Previously, in November 2018, the magazine The New York Post recognized her as the most influential celebrity in the fashion industry.

It must be said that to establish a foothold, Kylie knew she had to choose her own path. The desire to assert oneself is always strong in the little girl. She even intended to copyright the name “Kylie” to assert her brand (but failed because before her, the world had another famous Kylie, music star Kylie Minogue).

That private path is to become… a hot girl selling cosmetics, something that pretty girls on all social networking sites in Vietnam are pursuing. But Kylie is one of the most pioneering and fierce people, making corn and potatoes, making it to the level of a billion-dollar businessman.