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...
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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