Kylie Jenner's Forbes Cover Causes A Rich Backlash
The youngest of the Kardashian-Jenner klan is on track to become the youngest ever self-made billionaire.
In case you missed it, Kylie Jenner is on the cover of the August issue of Forbes magazine, heralding her as on track to become the youngest-ever self-made billionaire.
The magazine estimated Jenner to be worth around $900m, out-earning the rest of the Kardashian-Jenner clan by more than double -- Kim's said to be worth around $350m -- meaning the 20-year-old is the youngest person on Forbes' Self-Made Women ranking.
That's not the only record Kylie is set to crack, the 20-year-old is likely to outpace Mark Zuckerberg as the youngest self-made billionaire ever, a title Zuck won by being worth $1bn by the age of 23. Kylie turns 21 on August 10.
Despite the incredible achievements of Kylie, serving her best business fish on the cover of the mag, many have criticised the magazine's use of the term "self-made" for... well... obvious reasons.
To be fair to Kylie, Forbes uses the term "self-made" to describe someone that didn't inherit their fortune, however some argue being born into the biggest celebrity empire was an inheritance in itself.
While it would look like a bulk of her worth comes from her many, many endorsements and appearances on both Keeping Up With The Kardashians and her solo spin-off Life of Kylie, all that only makes up around $100m. The remaining $800m is the reported value of Kylie Cosmetics, which she launched two years ago.
The cosmetics company launched with Kylie's famed "lip kits" -- a pairing of lipstick and lip liner that was created out of what she describes as her own insecurities -- and has since expanded to include other products like highlighters, eye shadows and concealers.
"I turned to makeup to help me feel more confident," Jenner told Forbes, explaining the conception behind her million-dollar company.
"I went to the makeup store and I just, like I didn't even know what colours I was picking I was just like, 'I want some lip liner that looks like the colour of my lips because I just want my lips to look fuller'."
At the end of the day, while critics may call out Forbes for their phrasing, Kylie is still able to Scrooge McDuck dive into a room full of gold if she so wanted to.
Oh, and her advice is to, "Just have fun everyday and love what you do". So there you go.
Featured image: Forbes Magazine via Twitter.