Forbes: Kylie Jenner is the multi-million dollar world’s youngest for the second consecutive year

0


Kylie Jenner, the youngest of the clan Kardashian-Jenner started her makeup line in 2005 selling kits of lipstick for $29. Fifteen years later, the business became the member of the family who has more money wins.

The Forbes magazine for the second consecutive yearannounced that the socialite 22 years is the multi-billion-dollar ‘made itself’ youngest in the world, as reported Daily Mail.

Despite the fact that Kylie sold 51 percent of the shares of his empire to the beauty brand Coty Inc., last year, for a total amount of $600 million, it is still the young millionaire over other characters at the global level.

It is important to remember that the publishing house that gives these particulars, this year returned to defend the distinction otorgadto Kylie Jenner ‘made herself’, because that was questioned that he came from a wealthy family, which Forbes clarified by saying: “she did not inherit his business, built it”.

The empire of the mogul, the beauty is valued at $ 1.2 billion. Next to the amount earned by the sale of its shares, becomes one of the 2095 people in the world who has a fortune of 10 digits.

The empire of the makeup Kylie Jenner is diversified and wide

The money accumulated by your business of makeup allows you to Kylie Jenner be next to her sister, Kim Kardashian, the most overflows in eccentricities of the clan socialite american.

Their social networks have been the window perfect, and the best showcase their products to give promotion to your business. The own business said last year when he received the distinction of Forbes: “I Had a scope so high that you could start something,” he said.

And started the 2020, Jenner expanded the production of its products, with the line of Kylie Skin, including moisturizers, creams for the eyes and facial scrubs, this diversification led to him that gains increase steeply at 5 percent.

Kris Jenner, her mother, manages the finances of the company, as well as the rest of her sisters and at the time not thought it appropriate to cast that line, but Kylie insisted on taking the risk and the hit was brutal, the products just came onto the market, ended, told the businesswoman.