Kylie Jenner could become the world's youngest self-made billionaire

Kylie Jenner could become the world's youngest self-made billionaire (Photo: MGN Online)

WASHINGTON (Circa) -- Kylie Jenner, 20, graces the August cover of Forbes Magazine where it is revealed that Jenner could become the youngest self-made billionaire ever.

As of now, she is estimated to be worth over $900 million. In comparison, Kim Kardashian West is worth $350 million. Jenner is expected to take over for Mark Zuckerberg, who previously held the throne of youngest self-made billionaire through Facebook.

"Even using a conservative multiple, and applying our standard 20% discount, Forbes values her company, which has since added other cosmetics like eye shadow and concealer, at nearly $800 million. Jenner owns 100% of it," Forbes author Natalie Robehmed said in the original article.

Jenner began selling Kylie Cosmetics in 2016. Since the company's launch, she has sold more than $630 million worth of makeup. In 2017 alone, the company made $330 million. Jenner also benefits from her family's reality show on E! Entertainment Television and her own deals with Puma shoes and PacSun clothing.

The entrepreneur credits social media for much of her success. She boasts over 100 million followers on Instagram.

"Social media is an amazing platform," Jenner said. "I have such easy access to my fans and my customers."