I really wonder how much Kris Jenner paid to get Kylie this cover…. ? According to Forbes Magazine, Kylie has made Forbes’ annual list of America’s Richest Self-Made Women. Coming in at number 27, with an estimated net worth of $900 million, Jenner is the founder of Kylie Cosmetics with virtually no employees or capital.
Kylie Cosmetics is now worth nearly $800 million and Jenner owns 100 percent of the company. Jenner, who is featured on the magazine’s cover, is the youngest person to ever make the list.
“It’s incredible to be recognized for something I’m so passionate about, and I’m really grateful for that. I’ve always loved makeup and worked really hard to bring the first lip kit to market. Connecting with my fans and creating product that excites them has been an incredible process. I’ve learned so much along the way and I hope to inspire others to follow their dreams,” said Jenner, who turns 21 on Aug. 10.
There are seven newcomers to this year’s list, with more than half earning their wealth from cosmetics, thanks to soaring cosmetic sales among Gen Z. Notable newcomers include Anastasia Soare, founder of Anastasia of Beverly Hills, coming in at number 21 ($1 billion); Huda Kattan, founder of Huda Beauty, number 37 at $550 million, and Anne Wojcicki, cofounder and chief executive officer of 23andMe, number 44 at $440 million.
Jenner wasn’t the only Kardashian-Jenner who made the list. Her half-sister, Kim Kardashian, founder of KKW Beauty, came in at number 54, with a net worth of $350 million.