Kylie Jenner May Be Billionaire By 25
Kylie Jenner is on track to become one of the richest members of her famous Kardashian-Jenner family. According to the reality star’s mother, Kris Jenner, her cosmetics company is highly lucrative. In fact, Kylie’s company reportedly generated $420 million in revenue in just its first 18 months of operation. We’re told that if those numbers continue, Kylie is projected to be a billionaire by the time she’s 25. She’s now 20 and is expecting her first child with rapper Travis Scott. Kris said of her daughter’s success,
The goal in the future is to just build the whole infrastructure, and figure out what a retail model might look like that could take it globally. She’s just scratched the surface and there is so much more to do with the brand.
Kylie Cosmetics is completely self-funded and there are currently no equity partners. Kris explains,
Right now she’s super smart about keeping it all in the business. She owns it 100 percent herself, and she doesn’t have any investors. It makes for a wonderful opportunity to expand.
I don’t think she sees herself stepping away from this brand for many years. She’s doing this because it’s really her passion. It’s so authentic to who she is, because she’s been wanting to do this since she was a little girl. To see her have this kind of success with something she really loves has been really great.