Last July , Forbes placed Kylie, the youngest of the Kardashian-Jenner family, 27th in the list of the richest women in the world. It was then said that Kylie has all the potential to become the youngest billionaire in the world and so it happened. According to Forbes' list, published a few days ago, the 21-year-old broke the record set earlier by Facebook founder Mark Zuckerberg, who took the place of the newest multimillionaire at the age of 23.
Kylie Jenner has added tremendous figures to her account thanks to cosmetics business, Kylie Cosmetics. The 3-year business just came last year to generate $ 360 million of sales.
In the era of Kylie Jenner, what does it mean to be self-made, self-made?
Generally, the American tradition honors those who have become wealthy without using the family legacy. If not enough, Forbes reports that Kylie has more then 15 employees in the manufacturing, packaging and sales of cosmetic products. So in the grinding products industry it is not absolutely a "titanium". But it's definitely a titan of social networks, with more than 128 million followers just on Instagram. "By empowering social networks, it is difficult to distinguish between work-related wealth and what is influenced by social media," says Michael Norton, a Harvard Business School professor.
So how much "selfmade" is Kylie Jenner?
Forbes defines the term "selfmade": "Someone who has managed to establish a company or make a fortune through individual work, not through inherited wealth from the family or other people."
In 2014, Forbes conducted a list of grades 1 to 10: So 1 for billionaires who have inherited something from the family and 10 for those who are totally self-employed.
Oprah Winfrey grew up from a single mother to poverty and was therefore rated 10th. George Soros, who survived Naziism in Hungary, fled to England and studied at the London School of Economics, was undoubtedly rated 10th.
On the other hand, 1 was valued by Laurene Powell Jobs, Steve Jobs's widow or Alice Walton, the only American businesswoman Sam Walton, who founded Walmart, a supermarket and store network.
What is Kylie's rating?
With 7. It is just one level below Jeff Bezos, Amazon CEO, Warren Buffet, Berkshire Hathaway CEO and Mark Zuckerberg, CEO of Facebook.
However she stands above Meg Whitman, who went to Princeton University and attended Harvard Business School before becoming the chairman and executive director of Heëlett Packard Enterprise.
How did Kylie become famous and rich?
When he was just 10 years old, Jenner debuted in the family's reality show, "Keeping up with the Kardashians". Some people are of the opinion that Kylie's wealth should not be underestimated. "If she had not come from a famous family, she would probably not be named the richest billionaire in the world at an early age. But that does not mean that she would not be famous if she came from a simple family, "Jessica Morgan, the journalist, told BBC.
Journalist and moderator Piers Morgan has reacted more tough about this fact. According to him, "Kylie has no talent and would never become rich if Kim's sex video was not released."
