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How 20-Year-Old Kylie Jenner Built A $900 Million Fortune In Less Than 3 Years
Forbes ^ | July 11, 2018

Posted on 07/11/2018 11:22:26 AM PDT by SMGFan

K ylie Jenner sits at a dark-wood dining table at her mother's home in Calabasas, California, flicking through display options for a forthcoming pop-up shop. The youngest member of the Kardashian-Jenner industrial complex needs to decide how to showcase products by her Kylie Cosmetics makeup company. She taps her black iPhone X with a silver glittery nail and turns the screen around to show a coterie of employees a vending machine.

"You guys, imagine this, but all in lip kits," says Jenner, dressed in a black blazer and matching black patent Louboutins with bright red soles. "I think it needs to be a clear vending machine where you see all the colors."

What her half-sister Kim Kardashian West did for booty, Jenner has done for full lips. Like Kardashian West, she has leveraged her assets to gain both fame and money. But while her sister is best-known for the former, Jenner has proved adept at the latter. In historic fashion. Just 20 when this story publishes (she'll turn 21 in August) and an extremely young mother (she had baby daughter Stormi in February), Jenner runs one of the hottest makeup companies ever. Kylie Cosmetics launched two years ago with a $29 "lip kit" consisting of a matching set of lipstick and lip liner, and has sold more than $630 million worth of makeup since, including an estimated $330 million in 2017. 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.

(Excerpt) Read more at forbes.com ...


TOPICS: Business/Economy; Society
KEYWORDS: meh; whocares
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To: Osage Orange
Ha!! My H.S.typing teacher was Mr. Englebretson. Well, back in the early seventies in Detroit, My junior high school typing teacher was Mr. Harkenrider.
81 posted on 07/11/2018 6:49:42 PM PDT by gigster (Cogito, Ergo, Ronaldus Magnus Conservatus)
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To: Halls

U can have her

The whole family are trash built on the backs of OJ butt sniffing and porn tapes and the worlds most well known tranny

With a few rap thuggas thrown in for feverish effect

Trash to me and skanky


82 posted on 07/11/2018 7:09:24 PM PDT by wardaddy (Hanged not hung.)
[ Post Reply | Private Reply | To 79 | View Replies]


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