shot-button
Subscription Subscription
Home > Entertainment News > Hollywood News > Article > Kylie Jenner becomes worlds youngest billionaire

Kylie Jenner becomes world's youngest billionaire

Updated on: 06 March,2019 01:26 PM IST  |  Los Angeles
IANS |

Kylie Jenner founded and owns Kylie Cosmetics, the three-year-old beauty business that generated an estimated USD 360 million in sales last year

Kylie Jenner becomes world's youngest billionaire

Kylie Jenner

Reality TV star and make-up mogul Kylie Jenner has become the world's youngest self-made billionaire, according to Forbes billionaires' list. The 21-year-old founded and owns Kylie Cosmetics, the three-year-old beauty business that generated an estimated USD 360m in sales last year, reports bbc.com.


She reached the milestone earlier than Facebook founder Mark Zuckerberg who became a billionaire aged 23. "I didn't expect anything. I did not foresee the future. But (the recognition) feels really good. That's a nice pat on the back," Kylie told Forbes.


The list shows Amazon's founder, Jeff Bezos, remains the world's richest man. His fortune totals USD 131bn, according to Forbes, up USD 19bn from 2018. But the billionaires' combined worth is down from USD 9.1 trillion at USD 8.7tn.


Facebook founder Mark Zuckerberg's wealth is among those falling. It has dropped by USD 8.7 billion in the past year to USD 62.3 billion, according to the Forbes list. His shares in Facebook at one point lost a third of their value as the company battled privacy scandals.

Of all the billionaires on the list only 252 are women, and the richest self-made woman is real estate mogul Wu Yajun of China, worth an estimated USD 9.4 billion. The number of self-made women reached 72 for the first time, up from 56 a year ago.

Catch up on all the latest entertainment news and gossip here. Also download the new mid-day Android and iOS apps to get latest updates

This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever

"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!


Mid-Day Web Stories

Mid-Day Web Stories

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK