Kylie Jenner Is Still Forbes' Youngest 'Self-Made' Billionaire, But What Could She Buy With All That Money?
She's the world's youngest 'self-made' billionaire, but what's she going to spend the money on?
Updated 7/4/20: Despite having recently selling a majority share of her Kylie Cosmetics, Kylie Jenner remains the world’s youngest self-made billionaire.
On Wednesday, Forbes released the annual World’s Billionaires list and the beauty mogul remains on top at just 22 years old.
Jenner first made the list in March 2019 and later sold 51 per cent of her company to beauty company Coty Inc. for a cool $600 million (£463 million).
As a result of the sale and the reality star maintaining a 49 per cent share of the company, Jenner is now one of just 2,095 people in the world with a 10-digit fortune, according to the magazine.
‘I didn’t expect anything. I did not foresee the future,’ Jenner previously told Forbes. ‘But [the recognition] feels really good. That’s a nice pat on the back.'
Original 7/4/19: Kylie Jenner is officially (according to Forbes) the world's youngest self-made billionaire ever, nabbing the title from founder of Facebook Mark Zuckerberg.
Of course there has been much furore around the title's use of the phrase 'self-made' since Jenner is part of the already wealthy Kardashian-Jenner dynasty (read: world-dominating brand).
There are good arguments on both sides of the debate - Jenner was of course born into extreme privilege and her family's cult TV show and legacy gave her opportunities and visibility many entrepreneurs would dream of. However, her business savvy is undoubtable, and there are plenty of instances where people born with a silver spoon in their mouths have had nowhere near her success. To be fair, she basically invented the lip kit.
Regardless of how the youngest member of the Kardashian klan gained her billion, the fact is that she has it. And what a vast amount 'it' is. In fact, 'it' is such an awesome amount of dosh we're finding it quite difficult to fathom.
To help us quantify the outrageous amount of dollar, we've taken a look at what the ginormous amount could buy her.
From snapping up sister Kim's beauty brand KKW twice over, to 300 million boxes of cereal, here's our suggestions for Kylie's next spending spree...
760,795,000 packs of 6 Waitrose free range white eggs
(That's 4,564,770,000 actual eggs)
Before her billion dollar milestone, the Calabasas-native held another astonishing title - the most-liked picture on Instagram.
However, the snap that announced Stormi Webster's name after her secret birth, was recently overtaken by non-other than an egg.
The 22-year-old no-doubt wants to seek her revenge on the egg community by buying and cracking them all.
KKW Beauty X 2 ...with change to spare
Although Kylie is the youngest of Kris Jenner's children, she could buy and sell all her siblings, including the one that shot the entire family to fame - Kim Kardashian West.
According to a 2018 Forbes article, KKW beauty, Kardashian West's cosmetics line, is worth, 'the bulk of Kardashian West's $350 million (£266m) net worth.'
This means Kylie could buy it twice over with change to spare.
285,714,286 boxes of Cinnamon Toast Crunch
In September 2018, Jenner revealed she had tried cereal with milk for the first time, detailing she opted for Cinnamon Toast Crunch.
She said it was 'amazing', so will probably be wanting 285,714,286 boxes of it now, right?
Trump Tower X 4...with change to spare
Despite her brother-in-law being curiously pro President Trump, we doubt Jenner could resist buying Donald's crown-jewel.
Forbes estimates the garish Manhattan building's value at $218 (£166) million, meaning Jenner could buy it four times over, again with change to spare.
We suggest she renames it Kylie's Kolumn.
5,241,357 boxes of 25 HIV rapid testing kits
With her oodles of cash firmly in the bank, we're sure Jenner is looking for great philanthropic opportunities.
In fact, the young mogul has already put in some great charitable efforts. In summer of 2018 she revealed a portion of her make-up line's sales on one day would be going to the Habitat LA organisation.
There's so many worthy causes out there, from HIV and Aids prevention, to the improvement of female literacy and Jenner's cash (as could all of ours) could really make a difference.
33 Tiffany & Co necklaces worn by Lady Gaga to the 2019 Oscars
At the 2019 Oscars, Lady Gaga wore a Tiffany & Co necklace worth more than $30 million (£22.9 m).
The 128-carat yellow diamond was last worn by Audrey Hepburn during the Breakfast At Tiffany’s press tour in 1961. The precious stone was first discovered in South Africa over 140 years ago by Tiffany founder Charles Lewis Tiffany.
Billionaire Jenner could afford 33 of them, which means one for each of her friends, family and dogs.
83, 333 mid-price Birkin bags
Looking at Jenner's handbag closet, we know the mum has a penchant for expensive accessories, and they don't get more expensive than a Birkin.
Jenner appears to have at least 10 of the iconic handbag, including exotic-skinned Birkins, which start at around £12k. With her bank balance she could buy 83, 333 of these babies. (That's a lot of baggage).
Daisy Murray is the Digital Fashion Editor at ELLE UK, spotlighting emerging designers, sustainable shopping, and celebrity style. Since joining in 2016 as an editorial intern, Daisy has run the gamut of fashion journalism - interviewing Molly Goddard backstage at London Fashion Week, investigating the power of androgynous dressing and celebrating the joys of vintage shopping.
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