“And that’s a thing I always think to myself, ‘When is it enough?’ Because I don’t like missing out on certain things like doing my kids’ homework or certain after-school activities for different things like that,” Kourtney explained.
In March, Kylie, 22, was named the world’s youngest billionaire by Forbes in the magazine’s annual Billionaires 2019 ranking.
“I didn’t expect anything. I did not forsee the future,” Kylie told Forbes. “But [the recognition] feels really good. That’s a nice pat on the back.”
Driven by Kylie Cosmetics’ expansion into Ulta last year, the company’s revenue climbed 9 percent last year to an estimated $360 million, with the overall valuation of the brand estimated at $900 million, which Forbes calls a “conservative” report. Kylie owns 100 percent of Kylie Cosmetics, which first launched in 2015 with three Lip Kits.
But Kylie’s billion-dollar empire also stems from her other earnings like an array of product endorsements (like sponsored posts for Fit Tea Wraps, waist trainer company Waist Gang Society and more), her KUWTK paycheck, the Kendall + Kylie clothing line and her Adidas partnership.
Overall, the businesswoman credits her booming success to the internet (she has over 128 million Instagram followers alone). “It’s the power of social media,” Kylie said. “I had such a strong reach before I was able to start anything.”