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Kylie Jenner is the youngest billionaire ever. Here's why

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Kylie Jenner Is Officially the World's Youngest Billionaire!

Kylie achieved the feat on Tuesday, March 5 after being handed the title by Forbes after the richlist magazine unveiled its annual billionaires list. thereby surpassing Facebook founder Mark Zuckerberg. "As long as the list member didn't inherit a business or money, she is labeled self-made", Forbes journalist Kerry A. Dolan said.

Kylie Cosmetics' revenue climbed nine per cent to an estimated $500 million AUD a year ago.

Of her success, she added: "I didn't expect anything".

The use of the word "self-made" has some people up in arms, given that Jenner comes from a wealthy family (the Kardashian-Jenner clan, for those not familiar).

Forbes has estimated the business, which is 100% owned by Jenner, turned over 360 million USA dollars (£274,118,400) over the past year from a majority of e-commerce revenue.

American reality television personality Kylie Jenner is officially the youngest self-made billionaire of all time.

Jenner follows in the footsteps of some of the most famous billionaires in the world, including Mark Zuckerberg and Evan Spiegel, who passed the $1 billion benchmark before age 30.

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"That's a nice pat on the back", Jenner told Forbes about the recognition. Dictionary.com's Twitter account wrote, including its definition of "self-made".

Last July, she made headlines (and caused a slight controversy) when she appeared on the magazine's cover.

However, social media input is saying that Kylie did not pull herself up by her bootstraps.

"Her money she made on the show that she put into her company, seems self made to me", said Gen.G content creator AvaGG.

The Kardashian-Jenner family name, plus her reality star status, let her buy a $2.7 million home in Calabasas, California when she was just 17 years old, TMZ reported.

Kylie has a huge social media influence.

Jenner began her makeup business by selling lipkits, which included lipsticks and lip liners.

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