Home PEOPLE Achievers Kylie Jenner, the youngest self-made billionaire, earns $19,406 per hour

Kylie Jenner, the youngest self-made billionaire, earns $19,406 per hour

Kylie Jenner was named by Forbes as “the youngest self-made billionaire ever” in 2019. She continues to be the youngest self-made billionaire at the age of 22 also with $1.1 bn networth, as per the Hurun Global Richlist.

Not just that, she is the most followed billionaire with 150 million followers ahead of none other than the US president Donald Trump, who has a twitter following of 72.7 million. She has an instagram following of 17.6 million. That makes her ahead of people like Bill Gates, Oprah Winfrey or Elon Musk.

At just 22, Jenner was the second highest-paid celebrity of 2019 and has a lifetime ahead to build even more wealth.

In just four years, Jenner grew her net worth to $1 billion — a feat she accomplished by the age of 21. Jenner founded beauty company Kylie Cosmetics in 2015. That’s younger than Facebook CEO Mark Zuckerberg, who was 23 when he hit that mark. Jenner told Forbes in 2018 that she envisioned herself working at Kylie Cosmetics “forever” and that she would perhaps pass the business on to her daughter, Stormi, one day.

Kylie Kristen Jenner starred in the E! reality television series Keeping Up with the Kardashians since 2007 and is the founder and owner of cosmetic company Kylie Cosmetics. At age 14 in 2012, she collaborated with the clothing brand PacSun, along with her sister Kendall, and created a line of clothing, “Kendall & Kylie”. In 2015, Jenner launched her own cosmetics line called Kylie Lip Kits, which was renamed to Kylie Cosmetics the following year. She also released a mobile app that reached number one on the iTunes App Store.

Jenner likes to spend lavishly too. She loves to spoil her family, reportedly buying mother Kris Jenner a Ferrari 488 worth $250,000 and her daughter, Stormi, a $12,500 Fendi baby stroller. She collects Hermes Birkin bags, one of the most expensive bags in the world, and luxury cars, including a Lamborghini and several Rolls-Royces.

After launching a distribution deal with Ulta in November 2018, Jenner sold an estimated $55 million of product in just six weeks. Jenner makes her millions through a variety of platforms, from Kylie Cosmetics and TV deals to product endorsements and social media.

That means Jenner earned $19,406 per hour that year. In one sponsored Instagram post, Jenner earns just shy of what a woman with a bachelor’s degree is expected to earn in a lifetime — $1.3 million. Jenner is so rich that an average American spending $1 is similar to Jenner spending $10,277. If Jenner spent $1 million every month, it would take her 83 years to spend her entire fortune, according to Business Insider calculations.

 

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