Beauty Mogul, Kylie Jenner has been named as Forbes youngest self-made Billionaire for a second time in a row
The mother of one who surpassed Facebook’s Mark Zuckerberg, 35, as the youngest-ever self-made billionaire in 2019, retained her position after she sold off 51% of her Kylie Cosmetics brand to beauty brand Coty Inc. for $600 million.
The site also reveals that money from the sale means she is one of 2,095 people in the world with a fortune of ten digits.
The deal, which closed in January, means her business is now valued at around $1.2 billion, however the 22-year-old still solely owns the other 49 percent stake.
Despite the controversy that she had a hand-up from her famous family, her fortune is from her cosmetics brand which she did not inherit and built herself.
Also on the list of young billionaires are sisters Alexandra and Katharina Andresen, aged 23 and 24, who both are worth $1.2billion and $1.1billion respectively.