|
Jenner, 21, the half-sister of reality
television stars Kim, Khloe and Kourtney Kardashian, made it
onto the annual Forbes list of billionaires after debuting her
Kylie Cosmetics online in 2015 with $29 lip kits containing
matching lipstick and lip liner.
Forbes said she was both the world's youngest billionaire and
also the youngest self-made billionaire ever.
On their billionaires list, Forbes distinguishes between those
who inherited much of their wealth and those who made their
fortunes on their own. Kylie would be in 2,057th place whether
she was self-made or inherited.
Last year, Kylie Cosmetics did an estimated $360 million in
sales, according to Forbes. Jenner, who has a one year-old
daughter, owns 100 percent of the company.
She also makes money from endorsements and appearances on cable
TV's "Keeping Up with the Kardashians," and was ranked at number
2,057 on the Forbes 2019 list.
Kylie Cosmetics last year signed a deal with Ulta Beauty Inc <ULTA.O>
to put her products in all of the retailer's 1,163 U.S. stores.
Forbes put 2,153 billionaires on its 2019 list, down from 2,208
in 2018, and said their total combined net worth was $8.7
trillion, down from $9.1 trillion in 2018.
The richest person in the world remained Amazon.com Inc <AMZN.O>
Chief Executive Officer Jeff Bezos, whose net worth increased to
$131 billion from $112 billion in 2018, according to Forbes.
Microsoft Corp <MSFT.O> co-founder Bill Gates remained in the
No. 2 position with an estimated fortune of $96.5 billion, up
from $90 billion last year.
Facebook founder and CEO Mark Zuckerberg dropped three places to
No. 8, as his fortune fell by $8.7 billion to $62.3 billion.
The full list can be seen at Forbes.com/billionaires.
(Reporting by Jill Serjeant; Editing by Jeffrey Benkoe)
[© 2019 Thomson Reuters. All rights
reserved.] Copyright 2019 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
Thompson Reuters is solely responsible for this content.
|
|
