Thursday, 19 July, 2018

How Kylie Jenner built her $900 M empire

Courtesy Of Forbes View View 25 Courtesy Of Forbes View View 25
Ivan Hill | 12 July, 2018, 19:47

'Even using a conservative multiple, and applying our standard 20% discount, Forbes values her company, which has since added other cosmetics like eye shadow and concealer, at almost $800 million. But she undeniably upped the ante with the launch of her super successful makeup line, Kylie Cosmetics, which started with a modest collection of lipsticks and coordinating liners in 2016. The current record holder, Mark Zuckerberg, was worth US$1 billion at the age of 23.

Reality TV star and model Kim Kardashian West congratulated her half sister on Twitter and posting the Forbes cover featuring Jenner in a dark suit above the headline "America's Women Billionaires".

When the lip kits went on sale in November 2015, they sold out in seconds, but Kylie said it wasn't always smooth sailing. "Jenner owns 100 percent of it", Natalie Robehmed writes.

Kylie Jenner revealed baby Stormi has had her ears pierced.

Forbes, is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the world's top companies (the Forbes Global 2000), and The World's Billionaires.

"Social media is an awesome platform; I have such easy access to my fans and my customers".

Ahead of Trump Visit, NATO Leaders Spin Poor Defence Spending Figures
The U.S. has been seeking an increased commitment by alliance members to increase defense spending. We're being taken advantage of by the European Union.


Kylie Jenner and Kim Kardashian sit in the front row at a Louis Vuitton show in Paris, June 21, 2018. The magazine estimates her worth at $900 million, on par with Jay-Z, the wealthiest man in hip-hop at age 48.

The 20-year-old covers the new issue of Forbes' America's Women Billionaires issue.

Crushing the business game, queening over social media and crippling other brands with her boredom ...

"Maybe one day [I'll] pass this on to Stormi, if she's into it". What inspired her to help other women with her cosmetics company. I'm so blessed to do what I love everyday.

Snapchat founder Evan Spiegel also became a billionaire in his early 20s, but Jenner is set to surpass these social media magnates - using their platforms to grow her business and brand.

While her fans have showered her with nothing but kind words since the magazine's debut, according to a recent report by Hollywood Life, Jenner is apparently "being bullied" by critics who don't believe she deserved the honor in the first place.

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