"Another year of growth will make her the youngest self-made billionaire ever, male or female, trumping Mark Zuckerberg, who became a billionaire at age 23", Forbes reported.
Kylie Jenner appearing on the cover of a magazine is hardly an event, but even we did a double take when her famous mug was plastered on Forbes' August issue ranking the most successful women entrepreneurs in America.
"I struggled for a minute with finding something to do on my own", Jenner told Forbes.
"Social media is an wonderful platform", says Kylie, who ranks No. 27 on the list. But a month shy of her 21st birthday, Jenner has parlayed Kardashian West's fame-and infamy-into a thriving business and a net worth of almost three times that of her sister's.
Federer opens Wimbledon defence in style
The second seeded Caroline Wozniacki of Denmark defeated America's Varvara Lepchenko 6/0, 6/3 to advance to the second round. In the women's section, meanwhile, Serena Williams returns after missing Wimbledon previous year while she was pregnant.
However, upon realising that she has a huge following on social media, Kylie says that helped her get easier access to her supporters, and maybe that's why her business is doing so well. The Kylie Cosmetics Instagram touts some 16 million followers while Kylie Jenner's personal page, which she regularly endorses her makeup on, has roughly 110 million followers. She takes to Instagram and Snapchat nearly hourly, talking about what Kylie cosmetics she's wearing or about future products and new launches.
"Thank you @Forbes for this article and the recognition", added Kylie. I'm so blessed to do what I love everyday. "It brings me so much joy to watch you continue to make your @kyliecosmetics dreams a reality!"
Describing Kylie's business success, Forbes wrote on its website, "Jenner runs one of the hottest makeup companies ever".
Jenner said she hopes to pass her business down to her daughter, Stormi: "If she's into it", she said.
In a 2017 episode of the E! reality show, "Life of Kylie", the makeup mogul spoke out about becoming a CEO in her teens.