Kylie Jenner on Track to Beat Billionaire Record

20-year-old is sole owner of $800B company
By Rob Quinn,  Newser Staff
Posted Jul 12, 2018 2:59 AM CDT
Kylie Jenner attends the Metropolitan Museum of Art's Costume Institute benefit gala on Monday, May 7, 2018, in New York.   (Photo by Evan Agostini/Invision/AP)
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(Newser) – Kylie Jenner is known as a reality TV star and a model. But the Keeping Up With the Kardashians star is, at, 20, also an extremely successful businesswoman and is on course to become the youngest self-made billionaire ever, reports Forbes, which estimates her current fortune at $900 million. Most of that comes from her thriving Kylie Cosmetics company, which she started just two years ago. The business has only seven full-time employees and she owns 100% of it, though "momager" Kris Jenner takes a 10% cut for handling the business side of things. Jenner, who had a baby girl in February, will beat Mark Zuckerberg's record if she makes her first billion before she is 23. Half-sister Kim Kardashian West's wealth, meanwhile, is estimated at $350 million, USA Today notes. (A single Jenner tweet was blamed for wiping $1.3 billion off the value of Snapchat.)

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