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Money Land Forum / Celebrity News / Kylie Jenner, 22, is Forbes' youngest 'self-made' billionaire (4 Posts | 146 Views)
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Kylie Jenner, 22, is Forbes' youngest 'self-made' billionaire by atoluwash(m) : 1:24 pm On Apr 08, 2020 |
Forbes has released the annual World’s Billionaires list and beauty mogul Kylie Jenner was named youngest 'self-made' billionaire for the second year in a row at the age of 22. The mother of one who unseated Facebook's Mark Zuckerberg, 35, as the youngest-ever self-made billionaire in 2019, retained her position after she sold off 51% of her Kylie Cosmetics brand to beauty brand Coty Inc. for $600 million. The deal, which closed in January, means her business is now valued at around $1.2 billion. She still solely owns the other 49 percent stake. The site also reveals that money from the sale means she is one of just 2,095 people in the world with a fortune of ten digits. Forbes also addressed the controversy that surrounds the title 'self-made' after people argued that Kylie came from an already privileged background. They wrote: ' Yes, self-made (despite a lot of help from her famous family, she didn’t inherit her business—she built it). And yes, billionaire (she’s worth $1 billion).' Also on the list of young billionaires are sisters Alexandra and Katharina Andresen, aged 23 and 24, who both are worth $1.2billion and $1.1billion respectively. The Norweigan sisters are heiresses to their father's holding company, Ferd S. Meet the world's top 10 youngest billionaires. 1. Kylie Jenner, 22 Net worth: $1billion Source of wealth: Cosmetics 2. Alexandra Andresen, 23 Net worth: $1.2billion Source of wealth : Investment firm 3. Katharina Andresen, 24 Net worth: $1.1billion Source of wealth: Investment firm 4. Gustav Magnar Witzoe, 26 Net worth: $2.6billion Source of wealth: Fish farming 5. Elizabeth Furtwaenger, 28 Net worth: $1.2billion Source of wealth: Publishing 6. Jonathan Kwok, 28 Net worth: $2billion Source of wealth: Real estate 7. John Collison, 29 Net worth: $3.2million Source of wealth: Stripe 8. Evan Spiegel, 29 Net worth: $1.9billion Source of income: Snap 9. Pedro De Godoy Bueno, 29 Net worth: $1.1 billion Source of wealth: Diagnostic services 10. Lisa Draexlmaier, 29 Source: https://aderonkebamidele.com/kylie-jenner-22-is-forbes-youngest-self-made-billionaire-for-the-second-year-in-a-row-after-selling-off-51-of-her-cosmetics-brand/ |
Re: Kylie Jenner, 22, is Forbes' youngest 'self-made' billionaire by Chibuzo22(m) : 11:01 pm On Apr 08, 2020 |
atoluwash: |
Re: Kylie Jenner, 22, is Forbes' youngest 'self-made' billionaire by Adelokun20(m) : 5:11 am On Apr 09, 2020 |
Wow
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Re: Kylie Jenner, 22, is Forbes' youngest 'self-made' billionaire by Eaglevp(m) : 4:59 pm On Apr 09, 2020 |
This kind of people we should celebrate
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