Kylie Jenner is Young, Successful
and 2nd Time on The List of Billionaires
Kylie is beautiful, successful and people love her, it's a combination that will shoot you into the stratosphere of success. She has once again been on the Forbes World Billionaires list. This is the second time a 22-year-old woman has been on the weighted list, making her the youngest billionaire on the planet at the age of 22. Kylie comes from an already privileged background. She does not deny the help she received from her family, but the fact remains that she did not inherit her business, she built it from scratch. Now, at 22, Kylie keeps the crown on her pretty head after selling 51% of her cosmetics brand, Kylie Cosmetics in November for $ 600 million to the beauty brand Coty Inc. The sale means that her business is now valued at about $ 1.2 billion.
Kylie began her make-up line in 2015 by selling $ 29 lipstick kits, which sold out in seconds due to her social media reach. The money saved is the money earned in her case because Kylie has very low marketing costs due to her own promotion on social media and relies heavily on her presence on social media. Since last year, Jenner has employed only seven full-time employees and five part-time employees in her cosmetics company. Momager Kris definitely manages a lot for Kylie. This is called efficiency. Kylie just knows how to do it.