From reality TV star to billionaire, Kylie Jenner cracks Forbes richest list | ABS-CBN

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From reality TV star to billionaire, Kylie Jenner cracks Forbes richest list

From reality TV star to billionaire, Kylie Jenner cracks Forbes richest list

ABS-CBN News

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Kylie Jenner arrives for the 61st Annual Grammy Awards on February 10, 2019, in Los Angeles. Valerie Macon, AFP

MANILA - Kylie Jenner has moved from being a reality TV and social media superstar to a bona fide billionaire, Forbes said on Tuesday.

Forbes said Jenner, at 21 years old, is the youngest self-made billionaire ever. She beat Facebook founder Mark Zuckerberg who cracked the billionaires' list at age 23.

Jenner's fortune comes mainly from her 3-year old company Kylie Cosmetics, which made an estimated $360 million in sales last year. The company is also valued at around $900 million, according to Forbes.

"Jenner was ranked at number 2,057 on this year’s list," Forbes said.

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Amazon founder Jeff Bezos is still the richest man in the world, with an estimated worth of $131 billion. In 2018, Amazon raked in $230 billion in revenues and $10 billion in profit.

In second place is Microsoft founder Bill Gates whose fortune is worth $96.5 billion, followed by his friend Warren Buffett with $82.5 billion.

Luxury goods mogul Bernard Arnault is at fourth place with $76 billion. Arnault and family own the brands Louis Vuitton and Sephora.

Mexican telecoms mogul Carlos Slim Helu is at fifth place with $64 billion fortune.

Facebook's Mark Zuckerberg is at 8th place with a $62.3 billion fortune, while Google's Larry page is at 10th place with $50.8 billion.

"The Top 20 billionaires have a combined net worth of $1.2 trillion, unchanged from last year but still the highest amount ever," Forbes said.

For a complete list of the world's top billionaires, visit www.forbes.com/billionaires.

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