Kylie Jenner Lands Top Spot As Forbes Youngest Billionaire

Although a number of people are having serious issues with Kylie Jenner being termed as the youngest self-made billionaire by Forbes, the truth is, the young lady has left Mark Zuckerberg behind with her figures this time.

Forbes named Kylie Jenner the “youngest self-made billionaire ever” in its annual list of  the richest people in the world. A cosmetic mogul, Kylie reached the milestone at 21 years of age, two years younger than  Facebook’s founder Mark Zuckerberg, who was 23 when he earned the ranking.

Kylie Jenner is approximately worth $1 billion, according to Forbes. Her company, Kylie Cosmetics, signed an exclusive deal with Ulta Beauty last year which has partly contributed to Kylie’s earnings. Kylie Cosmetics is worth around $900 million, Kylie Jenner owns 100 percent of it.

Other prominent name of the list includes Spotify co-founders Daniel Ek and Martin Lorentzon, who are worth $2.3 billion and $3.1 billion, respectively. Snapchat’s Evan Spiegel, 28, has also been listed among the top eight billionaires under 30, with his net worth approximately $2 billion or more.