kylie Jenner is part of the billion dollar Kardashian family; and is now known as the world’s youngest billionaire thanks to an exclusive distribution deal with Ulta, the beauty retailer.
Kylie started using Ulta’s 1,000-plus stores to sell her lip kits, which contain a matte liquid lipstick and a matching lip liner, which is sold for $29. Jenner also visited the Richmond Avenue Ulta in Houston to greet customers, sign autographs on lip kits and pose for selfies with her fans.
According to Oppenheimer, Kylie cosmetics has sold $54.5 million worth of products through Ulta’s shops 6 weeks after signing the distribution deal. And when she was interviewed about her progress she
Forbes estimates Kylie cosmetics to be worth at least $900 million and the fun part of it all is that she owns all of it! When you add the cash she has made from the business hitherto now, it is safe to say that the 21-year-old is now a billionaire, with an estimated fortune of $1 billion dethroning Mark Zuckerberg who held the record up until this time.
While there are speculations in the social media about Jenner being a self-made billionaire or not, reaching a 10-figure mark at 21 years old is definitely a game changer.
