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MAKEUP MOGUL! 21-year-old Kylie Jenner named America’s fifth-richest celebrity

MAKEUP MOGUL! 21-year-old Kylie Jenner named America’s fifth-richest celebrity - Photo/Image

 

 

American reality television personality and beauty mogul, Kylie Jenner, is one young billionaire that keeps making headlines thanks to her enviable net-worth and business acumen.

The 21-year-old mother of one who is one of the most followed celebrities on Instagram has certainly used social media to boost her business beyond human reasoning.

The makeup mogul in a new ranking by Forbes was named the fifth richest American celebrity with a net worth of N328,500,000,000 ($900 million). This net worth ties her with rapper and music business mogul Jay-Z.

Jenner’s fortunes shifted to a major high when she launched her Kylie Cosmetics two years ago and it is reported by Forbes that it has already shifted over N229,950,000,000 ($630 million) in makeup products, according to Forbes.

Her make up brand’s account even has over 18.7m followers on Instagram. Jenner owns 100% of the bare-bones business, a stake valuable enough to put her among America’s Richest Self-Made Women—and land her a spot on the cover of Forbes.

The number one spot on the list this year is held by George Lucas, whose net worth was listed at N1,971,000,000,000 ($5.4 billion). The second place spot goes to Steven Spielberg, who is valued at N1,350,500,000,000 ($3.7 billion), while Oprah Winfrey landed in third with N1,022,000,000,000 ($2.8 billion).

Michael Jordan’s net worth of N620,500,000,000 ($1.7 billion) placed him in fourth place. David Copperfield’s N319,375,000,000 ($875 million) landed him in seventh, Diddy’s N301,125,000,000 ($825 million) saw him take the eighth spot.

Tiger Woods and James Patterson tied for the ninth spot with a net worth of N292,000,000,000 ($800 million).

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