Kylie Jenner Net Worth: This Is How Youngest Billionaire Spends Her Fortune

Kylie Jenner’s net worth has eclipsed the billion mark. Unlike her brother-in-law Kanye West, her claim is legit and is one of the most inspiring self-made billionaire stories today.

Not only has Kylie Jenner reached the billionaire status but she also did it as the youngest ever. At 21 years old, she beat the record set by fellow billionaire Mark Zuckerberg who eclipsed the mark when he was 23 years old, noted Forbes. The reality star and make up mogul built her fortune with the success of her cosmetics line which she named ‘Kylie Cosmetics’. Unknown to many, it was not always easy for her brand to be liked all over the world.

Kylie comes from one of the most famous families today -- her siblings Kourtney, Kim, Khloe and Kendall, are all models and TV personalities on their own. The family’s matriarch, Kris Jenner, struck gold with the reality TV series "Keeping Up With The Kardashians" that catapulted their careers and made them household names.

In 2015, Kylie decided to carve her own path and launched her cosmetics line. She knew she needed to scale so she partnered with Ulta to bring her cosmetics to 1,000-plus stores. The partnership worked wonders. It is estimated that sales of Kylie cosmetics reached $360 million, bumping up the company value to $900 million.

One of the best marketing platforms she's used to keep her cosmetics business booming is her massive social media following to which she frequently promotes her products on. She has at least 175 million combined followers on Snapchat, Instagram, Facebook and Twitter.

Earlier this year, she launched vegan friendly products on her cosmetics called ‘Kylie Skin line.’

Aside from her business, Jenner is also one of the highest paid celebrities of 2019. She earned $170 million pre-income tax last year.

Among the brands she represents are Quay Sunglasses, Teami Blends detox tea and SugarBearHair Vitamins. With a TV reality show, massive cosmetics business and endorsements, it is not surprising that Kylie Jenner likes to flaunt luxurious items. She previously bought her mom a Ferrari 488 which costs $250,000.

According to Business Insider, she has bought at least five properties in recent years which cost at least $40 million. Jenner also has an impressive fleet of cars including a Mercedes-Benz G-Wagon, Lamborghini Aventador, Land Rover, Bentley Bentayga and Rolls-Royce.

It is clear that Kylie Jenner is living the life, thanks to her world-famous name, massive social media following and booming cosmetics empire.