Kylie Jenner's company is estimated to be worth $US800m and she owns 100 per cent of it. Kris Jenner manages her daughters' finances and public relations for a 10 percent cut - meaning that previous year, Kylie paid her mom $17 million. But she's not just making history as a woman.
Soon, when she's worth a billion dollars, Jenner will be the youngest "self-made" billionaire bar none, beating out even Mark Zuckerberg, who earned the title at 23.
She is the daughter of Kris Jenner - who was previously married to the prominent lawyer Robert Kardashian - and famed Olympian Caitlyn Jenner, and her ritzy Calabasas upbringing was documented on the reality show "Keeping Up With the Kardashians". "I have such easy access to my fans and my customers".
Her surgically enhanced style has spawned a trend, plastic surgeons say, with more women requesting fuller lips.
Today, Forbes Magazine featured Kylie Jenner as one of their "Self-Made Billionaire Women," in fact, they put her directly on the cover. "I turned to makeup to help me feel more confident". And (if you believe a somewhat dubious Forbes article) she's very close to becoming a billionaire. She regularly posts information and photos about new product lines for her 110 million Instagram followers.
The young mum credits social media for her success, as she told Forbes: 'Social media is an unbelievable platform. In a cover story about the 20-year-old multi-millionaire, Forbes conservatively values the company at $800 million, with an estimated $330 million in sales last year.
We're not the only ones who are surprised to see that Kylie Jenner is worth more than her infamous sisters including Kim Kardashian West and Khloe Kardashian. I'm so blessed to do what I love everyday. She isn't some college student who pooled her pennies for an initial investment in her business.
Kylie's make up brand kicked off when she introduced her $29 lip kits that included a lip liner and a lip colour.
Two years on, Kylie now sell a whole range of other cosmetics from blushers and highlighers (or "Kylighters") to eyeshadow pallettes, lip glosses and brush kits. She used her social media accounts and loyal following to tease the kits which sold out in less than one minute in 2015.