Remember that feeling when you receive your paycheck?
It feels like you can buy EVERYTHING, right?
Now try to imagine how Kylie Jenner, only being 21, felt when she found out that her
fortune has gone beyond one billion dollars!
The younger sister of Kim Kardashian made more than 630 million dollars in the last
3 years selling cosmetics of her own line!
That is HARD!
Stay with CurioSips because now we’re going to tell you how Kylie Jenner became the youngest
self-made billionaire in history or NOT!?!
On March 5, Forbes magazine published an article naming Kylie Jenner, the youngest self-made
billionaire in the history!
But is she really self-made?
Did she start selling lemonade and newspapers to be able to make enough money to start her
own company?
Of course not!
That is how we in CurioSips lived, not Kylie!
Even though she certainly had a little help from her extremely wealthy and popular family,
Forbes claims that Kylie totally deserves that title.
For CurioSips, Forbes is the most reliable source to check the up-to-date lists of people
who have enough money to buy your house, your neighbors’ houses, even CurioSips’ entire
city if they wanted to.
Kylie Jenner has recently joined their club.
BUT the problem is that this magazine argued that the 21-year-old had earned her fortune
on her own!
When the article was published, it faced a huge wave of backlash!
It’s clear that Jenner was born into a rich and popular family, not to mention the Kardashians
reality show.
However, in this video, CurioSips will explain why Kylie Jenner has great merit even if it
doesn’t seem fair, and explain what Forbes means by "self-made".
The magazine considers self-made millionaires as people who didn’t just inherit their
fortune but became wealthy by hard work.
For example, Oprah Winfrey would be rated 10 out of 10.
On the other hand, Donald Trump, who inherited part of the fortune of his father, would be
like 4 out of 10.
Now, Kylie, one of the Kardashians/Jenners family, got 7 out of 10.
Not that bad, right?
Mark Zuckerberg, the founder of Facebook, was the previous youngest self-made billionaire
at the age of 23 and he was 8 out of 10 on the same scale.
However, Kylie didn’t make much effort as Mark thanks to her cosmetics brand, Kylie
Cosmetics!
On top of all this, Kylie herself explained that her 129 million Instagram followers and
numerous reality shows made her a celebrity and helped her get good publicity.
Jenner also assures that her parents stopped giving her money at the age of 15, and since
then they haven’t given her even a cent.
Probably it was an effective way to teach her how to save and start generating her own
income.
But it’s also not known how much money she had received before her parents cut the allowance.
Kylie admits that he had some recourse to start, though that money was not inherited.
The makeup mogul recalls that the idea of ​​selling her own cosmetics came when
she became obsessed with the makeup tutorials she used to watch on Youtube.
She was fascinated with the ideals of beauty that now rule the world of fashion.
What we are sure about is that the figures don’t lie.
Kylie founded her own company on November 30, 2015, and in just one year and a half,
the sales went up to 420 million.
The company is completely managed by Kylie but with a little help of her mother, Kris,
who is the head of the finance office, and her manager.
Together with brands related to her family such as "Seed Beauty", or Kim Kardashian West,
Kylie managed to make her cosmetics become a luxury item that millions of women around
the world want to have.
She also tends to sell limited editions.
For today, the company is valued at 900 million dollars, and, together with the other family
businesses which Jenner has the shares in, it makes her a young billionaire.
Which is more than twice as much money as her most famous sister, Kim Kardashian, has,
whose fortune is valued at 350 million.
Do you still think that Kylie Jenner earned her fortune on her own?
Is she really a self-made billionaire!?
We’ll be glad to read all your comments and don’t forget to subscribe to our channel
to become a member of our CurioSips family!
See you next time!