Kylie Jenner, 21, is reportedly now worth $1 billion.
That makes her the youngest billionaire in history and the youngest self-made billionaire ever, according to Forbes, which included Jenner on its list of the world’s billionaires released on Tuesday.
Jenner took the title from Facebook co-founder, Mark zuckerberg, who became a billionaire in 2008 at the age of 23 and Microsoft co-founder, Bill Gates, held it in 1987 at age 31
Jenner’s latest boost in wealth comes primarily from Kylie Cosmetics, her makeup company, which Forbes now values at $900 million.
Kylie Cosmetics, projected to rake in $1 billion in lifetime sales by 2022, signed an exclusive distribution deal with the retailer, Ulta, last summer that quickly boosted sales for Jenner’s company.
According to Forbes, Kylie Cosmetics sold $54.5 million worth of products in Ulta stores over the first six weeks of the deal.
Jenner says that she plans to work on the company “forever” and then pass it down to her daughter, Stormi, who recently celebrated her first birthday.
“I didn’t expect anything. I did not foresee the future,” Jenner tells Forbes of her business success.
“But the recognition feels really good. That’s a nice pat on the back.”
Some critics on social media have taken issue with the description of Jenner as self-made because she was born into wealth and fame.
Either way, Jenner’s entrepreneurial efforts are impressive. She’s the most financially successful member of the Jenner-Kardashian family.
Her older half-sister, Kim Kardahian West, has an estimated net worth of $350million.