Kylie Jenner Will Soon Be the Youngest Self-Made Billionaire Ever

Kylie Jenner poised to become youngest billionaire ever

Kylie Jenner, the youngest daughter of the reality TV family in "Keeping Up with the Kardashians", is set to become the youngest-ever self-made billionaire, even trumping Mark Zuckerberg's record, according to Forbes.

If Jenner keeps this up, she's expected to make history by becoming the youngest self-made billionaire of both men and women within the next year.

Forbes reports that Jenner is the 27th-richest self-made woman in the United States, beating out the rest of her famous family. Facebook's Zuckerberg now holds the title after he became a billionaire at the age of 23.

Having made headlines as a teenager for using lip implants, Kylie Cosmetics' first product was a "lip kit", which combined a lipstick and lip liner.

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There has always been rumors that Kylie Jenner's Kylie Cosmetics (the brand that launched the OG lip kit and a million copycats) was on its way to being a billion-dollar business, and now it appears that historic milestone is closer than ever.

The 20-year-old, who launched her own cosmetic line, Kylie Cosmetics, less than three years ago, has already accumulated more than $900 million. Forbes conservatively values the company at $800 million, with an estimated $330 million in sales previous year.

The company's own social pages have over 16 million followers directly on Instagram, and 25.6 million on Twitter, plus her sisters and and friends also regularly promote the brand on social media.

Describing Kylie's business success, Forbes wrote on its website, "Jenner runs one of the hottest makeup companies ever". A Forbes profile on the socialite also pointed Jenner has only seven full-time and five part-time employees.

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Two years on, Kylie now sell a whole range of other cosmetics from blushers and highlighers (or "Kylighters") to eyeshadow pallettes, lip glosses and brush kits.

"The most successful women entrepreneurs in the country are increasingly taking advantage of technology including social media to help them launch and grow businesses", said Luisa Kroll, Forbes' assistant managing editor, wealth.

According to the magazine, the new mom will reach billionaire status by next year making her the youngest billionaire ever - male or female.

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