Kylie Jenner Set To Become A Billionaire By 2022

11 August, 2017, 00:16 | Author: Pamela Mathis
  • Tyga Says Being in the Kardashian Family Spotlight Made Him Reevaluate His Music

"I make my own money and start my own businesses, and I feel like I'm an inspiration for a lot of young girls who want to stand on their own".

Kylie Jenner might only be 20 years old, but the reality TV star presides over a business portfolio to rival American scions three times her age.

Ky's hard work has clearly paid off and it looks like she is set to become the beauty mogul of the family.

Just 18 months after launching her first lip kit in 2015, the teen entrepreneur, 19, has earned US$420 million in retails sales, according to Women's Wear Daily.

The business is reportedly on track to pull in $1 billion by 2022 - an astonishing number when compared to the history of its long-serving industry competitors. However, as WWD reports, the latest Kylie Cosmetics release, of the limited edition Birthday Collection, sold $10 million in one day, indicating that KKW Beauty is not a threat, but a complementary brand. It took Tom Ford a decade to hit a half a million in revenue, just for a little comparison.

While Kylie Cosmetics has snowballed into a major venture, Kylie swears there's no crossover between her brand and Kim's KKW Beauty collection, which launched in June (17).




According to Biography.com, Kylie Jenner has built an extensive social media following, with more than 77 million followers on Instagram alone, and she's made millions of dollars from celebrity endorsements.

Kylie and her family came to fame on the E! series Keeping Up with the Kardashians, which will return for a 14th season October 1.

"It think it's time people walk into a store and see Kylie Cosmetics", she told WWD.

To celebrate turning the big 2-0, the lip kit queen is bidding farewell to her teenage years by stripping down and showing off her bod. It was everything I didn't know I wanted at my next birthday. Its owner will then be 25 years old...

She also said that there's no competition with her sister Kim Kardashian and her new cosmetics line. "I change everything... I love to switch it up and come out with new products", she added. Kylie said, 'If I request Tokyo, I just want Tokyo.

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