Kylie Jenner is now the youngest self-made billionaire

Tristan Thompson Khloe Kardashian Jordyn Woods

Source Hollywood To You Star Max GC Images Getty Theo Wargo

Meanwhile, Kylie has become the world's youngest self-made billionaire.

Reportedly, Mark Zuckerberg became a young billionaire at the age of 23 years before Kylie broke his record.

"It's the power of social media", Ms Jenner told Forbes.

"No one is flawless and we all make mistakes", she added. "'That's a nice pat on the back", she said as quoted by Forbes. Her family, after all, is rich and famous. Jenner ascended to the throne so quickly thanks in part to a partnership between her cosmetics brand, Kylie Cosmetics, and mega-makeup retailer Ulta, which now carries the reality star's products.

Kylie's sales recently shot up to 360 million dollars in the year 2018 which has made her reach a fortune of ten - figures.

Jenner founded Kylie Cosmetics in 2015 using money she had earned from modeling, and the company now utilizes seven full-time and five part-time employees.

But when the whole Kardashian clan and members of their friend group - like Haqq - started bashing Woods all over social media, Will Smith stepped up to let the world know that both he and wife Jada Pinkett Smith consider her family as well, and have her back.

There are now eight billionaires who are younger than 30, according to Forbes' list.

Her mother Kris would not rule out that she may sell the company in the future.

"I had such a huge platform, I had so many followers already and I had so many people watching me", Jenner told PAPER, adding that "the self-made thing is true".

Forbes explained that it defines "self-made" as "someone who built a company or established a fortune on her own, rather than inheriting some or all of it". "I honestly don't wake up even thinking about it".

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