At the age of 20, a majority of the people in the world are trying to figure out where they want to go to grad school or which career path to opt for. Well, Kylie Jenner is not one of those people; at 20, Kylie Jenner is one of the richest people in the world.
Kylie Jenner has made it to the Forbes Celebrity 100 Earnings list 2017. She is the youngest person ever to make it to the list and currently ranks at number 59. Her net worth is $50 million.
But how did she make so much money? Kylie makes most of her money from appearing on her family reality TV show, Keeping Up With the Kardashians. According to The Insider, the family altogether made around $122.5 million in the year 2016.
However, the business venture that has really put Jenner on the map is her cosmetic brand called Kylie Cosmetics.
Kylie Jenner developed her cosmetic brand only two years ago. The brand initially only sold lip kits. However, it gained massive popularity and has now expanded to include products like eyeshadow palettes. The success can be judged from the fact that Jenner has made $41 million in the year 2017!
Kris Jenner, the chief financial officer of the brand, told Women’s Wear Daily that in a span of 18 months, the brand has made 420 million dollars in retail sales. Additionally, sales are supposed to reach a whopping $1 billion by the year 2022.
The brand has even left established brands like L’Oreal behind, which took 80 years to make $1 billion in sales!
Kylie has also debuted her own reality TV show called, Life of Kylie. The show is premised on the life of the youngest Kardashian, and showcases how she manages her business and personal life.
The 20-year-old also has collaborations with various clothing lines, making her the most sought-after TV personalities in the world.
Apart from giving us major career goals, Kylie Jenner is also rumored to be entering motherhood soon. The young star is allegedly having a baby with her beau, Travis Scott, though these are only speculations.
Kylie has not confirmed the rumors and has kept a low profile in the past few months, which has only further fueled the rumors.
Interestingly, she has been putting up pictures only with close-ups of her face and does not reveal her body. It is thought that she is trying to hide her pregnant belly. She was also curiously missing from the official Kardashians’ Christmas card for 2017.
The Life of Kylie star was also thought to be missing from the party thrown by her mom on Christmas. However, she appeared in her sister’s snaps in the morning, confirming that she was spending quality Christmas time with her sisters!
Hopefully, Kylie Jenner will unveil the truth soon. Meanwhile, we are sure she is enjoying being one of the richest people in the world!