Forbes names Kylie Jenner youngest self-made billionaire

Posted: Updated:

NEW YORK (AP) - Move over Mark Zuckerberg. At 21, Kylie Jenner has been named the youngest-ever, self-made billionaire by Forbes magazine.

Forbes estimated that Jenner's Kylie Cosmetics is worth at least $900 million, and she owns it all. She hits the billion-dollar mark when you add in cash she has already pulled from the profitable business, the magazine said.

Facebook's Zuckerberg was 23 when he hit the big B mark.

Jenner told Forbes the milestone is a "nice pat on the back."

Detractors have wondered as the Jenner-Kardashian sibling climbed her way to a billionaire exactly what Forbes means by "self-made." Her family, after all, is rich and famous. Her mom, Kris Jenner, helped build her business.

Forbes says as long as she didn't inherit a business or money, she's labeled self-made.

 

  • SlideshowsGalleriesMore>>

  • ZZ Top performs at Jones Beach

    ZZ Top performs at Jones Beach

    Friday, September 20 2019 2:53 PM EDT2019-09-20 18:53:26 GMT
    ZZ Top performed at Jones Beach Thursday evening.
    ZZ Top performed at Jones Beach Thursday evening.
  • Dog Day Fridays for Sept. 20

    Dog Day Fridays for Sept. 20

    Friday, September 20 2019 11:43 AM EDT2019-09-20 15:43:56 GMT
    Popcorn is a female Lab mix, just shy of being 2 years old. She loves to go on walks and wants to investigate anything and everything. She is outgoing, playful and a typical happy puppy!Popcorn is a female Lab mix, just shy of being 2 years old. She loves to go on walks and wants to investigate anything and everything. She is outgoing, playful and a typical happy puppy!
    Popcorn is a female Lab mix, just shy of being 2 years old. She loves to go on walks and wants to investigate anything and everything. She is outgoing, playful and a typical happy puppy!Popcorn is a female Lab mix, just shy of being 2 years old. She loves to go on walks and wants to investigate anything and everything. She is outgoing, playful and a typical happy puppy!
    This week's dogs are up for adoption at North Fork Animal Welfare League. Their phone number is (631) 765-1811.
    This week's dogs are up for adoption at North Fork Animal Welfare League. Their phone number is (631) 765-1811.
  • Sample fare from stadiums across the US at MLB FoodFest

    Sample fare from stadiums across the US at MLB FoodFest

    Get ready to sample fare from baseball stadiums from across the country at the MLB FoodFest.
    Get ready to sample fare from baseball stadiums from across the country at the MLB FoodFest.
sorry to interrupt
your first 20 are free
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please enjoy 20 complimentary views of articles, photos, and videos during the next 30 days.
you have reached your 20 view limit
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please login or create an account to continue enjoying News12.
Our sign-up page is undergoing maintenance and is not currently available. However, you will be given direct access to news12.com while we complete our upgrade.
When we are back up and running you will be prompted at that time to complete your sign in. Until then, enjoy the local news, weather, traffic and more that's "as local as local news gets."