Move over Mark Zuckerberg, Kylie Jenner is about to break the record for youngest self-made billionaire! Within the next year, she's set to become the youngest self-made billionaire ever, besting Facebook founder Mark Zuckerberg and Snapchat king Evan Spiegel.
Kylie Jenner attends the annual Met Gala on May 7 in New York City.
The 20-year-old reality star also shared a precious snap of Stormi lying on her chest while wearing a white onesie.
After trademarking the brand in 2014, Jenner said she put up $250,000 of her own money made from modeling contracts and endorsement deals to kick-start the brand with the first batch of lip kits.
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In the piece, Forbes discusses how Jenner - a member of the Kardashian-Jenner family - built a "900 million fortune in less than 3 years". Jenner is the sole owner, reaping all the profits. What inspired her to help other women with her cosmetics company.
Jenner, who gave birth to her daughter Stormi in February, said social media was her ultimate platform to reach out to her fans and customers.
By Forbes' conservative estimate, Jenner's company is valued at almost US$800 million (AU$1.09 billion). "But at the end of the day, the negative comments and haters are only fuel for her to work harder and make another billion dollars".
Forbes said the firm has only seven full-time and five part-time employees, with manufacturing, packaging and sales outsourced.
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The Kardashian matriarch is asked during her interview how her family coped with her daughter starring in the straight-to-video offering, which resulted in millions around the world seeing Kris' daughter enjoying a naked romp with then-boyfriend Ray J.
Reality TV show "Keeping Up With the Kardashians" launched when Kylie was 10 years old.
Her success has been attributed to her fame and ability to leverage social media.
Even the freaking dictionary roasted Jenner.
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"The beauty industry was Kylie's gig and Kim had enough on her plate alreadyOpens a New Window.", an insider exclusively told Radar.