Kylie Jenner Is Once Again Named By Forbes As The World’s Youngest “Self-Made” Billionaire
I guess Forbes forgot about every single suspicious eyebrow that was raised last year when they named Kylie Jenner, child of wealth and fame, the world’s youngest self-made billionaire. It was the day we all realized the sad truth that not one poor soul at Forbes had access to a dictionary. After first defending the choice, Kylie came around and acknowledged that she’s made her own money, but isn’t exactly self-made. But Forbes still put her at the top again of this year’s list of the world’s youngest billionaires.
Despite specifically designating Kylie as the world’s youngest self-made billionaire, there are really only two qualifications for making the cut. One, you have to be under 30 years old. Two, you have to have over a billion dollars. Other than that, Forbes doesn’t care where you got your money from. Here’s the top 10 list, which shows their age, their net worth, and where they got their money from. Only three people can hold their claim without any help from daddy’s money.
1. Kylie Jenner, 22 (Cosmetics) – $1 billion
2. Alexandra Andresen, 23 (Inherited) – $1.1 billion
3. Katharina Andresen, 24 (Inherited) – $1.1 billion
4. Gustav Magnar Witzoe, 26 (Inherited) – $2.3 billion
5. Elizabeth Furtwaenger, 28 (Inherited) – $1.2 billion
6. Jonathan Kwok, 28 (Inherited) – $2 billion
7. John Collison, 29 (Stripe Payments) – $3.2 billion
8. Evan Spiegel, 29 (Snapchat) – $1.9 billion
9. Pedro De Godoy Bueno, 29 (Inherited) – $1.1 billion
10. Lisa Draexlmaier, 29 (Inherited) – $1.1 billion
Forbes wrote a little about Kylie, because I guess science recently discovered an amoeba that doesn’t know who the Kardashians are. They say that of the 2.095 billionaires on Earth, only 10 are under 30. They say that Kylie is self-made, because her money was made by selling makeup from a company she started herself and owned 100% of. At least until November 2019, when she sold a 51% stake in Kylie Cosmetics to Coty for $600 million. They also bragged about Kylie’s philanthropy, like when she gave away $1 million to the Australian bushfire relief, or how Kylie Cosmetics began manufacturing hand sanitizer for medical facilities while donating $1 million to Los Angeles hospitals to purchase PPE for nurses and staff. Wow, add it all together, and that’s almost as much as she spends on a new car. Young, self-made, and generous!