KYLIE JENNER – BRUCE AND KRIS JENNER
Forbes magazine recently recognized Kylie for being the youngest self-made billionaire—something that many people questioned, given her background. Despite the controversy, we have to commend Kylie to turn the fame she’s received through Keeping Up with the Kardashians into a lucrative career and business. Her cosmetics line alone has helped boost her net worth by the millions, and that’s on top of her earning money through endorsements and collaborations. In 2019 alone, her cosmetics line earned $200 million in revenue.
That is something that we can surely commend, because of her young age. In 2019, Kylie decided to put 51% of her company on sale to Coty Inc. for a whopping $600 million. Her company’s total worth was estimated to be $1.2 billion, but its value has declined towards May of 2020. We’re sure she’s getting some fantastic money management tips from her parents since Kylie isn’t one to spend mindlessly; she’s also invested quite a bit in prime real estate.