Kylie Jenner, the youngest member of the Kardashian-Jenner American reality TV family has become the world’s youngest self-made billionaire at the age of 21.
Jenner has been in the limelight since she was 10 years old when the first “Keeping Up With The Kardashians” episode was aired on the E! Network.
She was on Tuesday admitted to the “nine-zero” fortune club by Forbes. The business magazine ranked her as the world’s 2,057th richest person.
Jenner became a billionaire two years younger than Facebook founder Mark Zuckerberg, who was 23 when he made his first billion 11 years ago in 2008.
Last year, Forbes announced that Jenner was on her way to becoming a billionaire, and now she has officially hit the mark.
Her fortune comes from Kylie Cosmetics, which is 100%-owned by her. She was surprised by the success of the company which was only founded in 2015 but is now worth an estimated $900million.
She also has separate income from endorsements and her family’s reality TV show. She also owns an impressive portfolio of real estate.
Speaking about the recognition, she said: “I didn’t expect anything. I did not foresee the future. But [the recognition] feels really good.
“That’s a nice pat on the back,” Jenner told Forbes.
She credits her success to the power of social media.
“It’s the power of social media. I had such a strong reach before I was able to start anything. I see the company going far”, she said.
“I see (Kylie Cosmetics] going very far. I work really hard”.
Forbes’ estimate of Jenner’s wealth comes in its annual ranking of the world’s billionaires. Its research found that the total number of billionaires had declined over the past year from 2,208 to 2,153.
The world’s richest person remains the Amazon founder and chief executive, Jeff Bezos with a $131bn fortune.
Mark Zuckerberg is now the eighth richest person in the world with a fortune of $62.3billion.