Forbes named Kylie Jenner the youngest self-made billionaire ever — and the ‘self-made’ part has people talking

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Forbes named Kylie Jenner the youngest self-made billionaire ever — and the ‘self-made’ part has people talking
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Coty Inc. is buying into Kylie Jenner's $1.2 billion business -- but is it self-made?

Reality star and cosmetics queen Kylie Jenner, now 22, is probably the most recognizable newcomer in the Forbes magazine world billionaires issue revealed in March, when she was still 21. The social-media star’s fortune officially hit $1 billion earlier this year, several months after Forbes put her on the cover of its “richest self-made women” issue.

However, the “self-made” moniker drew backlash from critics when the Forbes list hit in March, even as the 2018 summer cover story did, with many arguing that Jenner was already born into fame and fortune. — Laura Leigh Abby March 5, 2019 Kylie Jenner is now a billionaire at 21, but ~self-made~? 🤔https://t.co/eaH3gfNfxL

— Deegs March 5, 2019 Forbes has said it defines “self-made” as ”any person who built her own fortune, and didn’t inherit the money.” Jenner started Kylie Cosmetics in 2015 by funding the first 15,000 lip kits with money she’d made from modeling, telling Paper in February that her parents actually cut her off at 15. “The self-made thing is true,” she said. “My parents told me I needed to make my own money, it’s time to learn how to save and spend your own money, stuff like that.

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