Kylie Jenner Is Officially the World's Youngest Billionaire!

Article Image Kylie Jenner Reportedly Becomes the Youngest Billionaire Ever

But (the recognition) feels really good.

There's a lot to unpack when it comes to Jenner's feat, but social media users zeroed in on the term "self-made" - and not for the first time. Someone who inherited everything they have gets a 1, whereas someone who didn't grow up with money and experienced hardships gets a 10, Forbes says.

President Trump's net worth of $3.1 billion didn't change previous year, allowing him to rise to No. 715 from No. 766 in 2018 merely by holding his own.

Kylie Jenner ranks a 7, which means she qualifies as someone "who got a head start from wealthy parents and moneyed background", Forbes reported.

Last July, she made headlines (and caused a slight controversy) when she appeared on the magazine's cover.

At the end of the day, Nadeshot is probably right in what he said - youngest or not, self-made or not, Jenner is a billionaire, regardless of what people say or think.

The pair, who have sparked rumours that baby number two and marriage are in the works, are definitely committed to making things work for their growing little family with 1-year-old Stormi Webster. "Leveraging fame and fortune from your pedigree is NOT self-made". With around 128 million followers on Instagram and her Snapchat being one of the most viewed accounts, it won't be wrong to say that Kylie is one of the most influential celebrities on social media and thus the success. Some expressed their agreement while others continued to argue that her path to success and wealth, while legitimate, was very much aided.

Founded three years ago, Kylie Cosmetics is already estimated to be worth $900 million alone with $360m of revenue last year - and all profits go straight to its owner.

Her mother Kris would not rule out that she may sell the company in the future.

Forbes magazine formally welcomed Kylie to the billionaire club on Tuesday after her lipstick company, Kylie Cosmetics, ballooned in net worth to over a billion dollars, yes that's nine zeroes.

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