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Forbes names Kylie Jenner youngest self-made billionaire

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Posted at 6:07 AM, Mar 06, 2019
and last updated 2019-03-06 07:07:26-05

NEW YORK (AP)  — Move over Mark Zuckerberg. At 21, Kylie Jenner has been named the youngest-ever, self-made billionaire by Forbes magazine.

Forbes estimated that Jenner's Kylie Cosmetics is worth at least $900 million, and she owns it all. She hits the billion-dollar mark when you add in cash she has already pulled from the profitable business, the magazine said.

Facebook's Zuckerberg was 23 when he hit the big B mark.

Jenner told Forbes the milestone is a "nice pat on the back."

Detractors have wondered as the Jenner-Kardashian sibling climbed her way to a billionaire exactly what Forbes means by "self-made." Her family, after all, is rich and famous. Her mom, Kris Jenner, helped build her business.

Forbes says as long as she didn't inherit a business or money, she's labeled self-made.