Take it or leave it, reality TV star, Kylie Jenner is on her way to the top to be a billionaire at age 20.
Kylie, who turned 20 launched her beauty empire Kylie Cosmetics in 2016 and her mum Kris Jenner disclosed that Kylie Cosmetics has made $420 million in retail sales since its official launch 18 months ago.
In an interview WWD, Kris explained that the first three products hit kyliecosmetics.com in November 2015, but because there was a three-month lag before the second “drop” in February 2016, they technically don’t count the time between because there was no product to sell.
Kris and Kylie partner with a California-based Seed Beauty, who is the current manufacturer of Kylie Cosmetics. Seed Beauty does not have equity in Kylie Cosmetics.
Now its almost 2 years and there are no signs of slowing down as the brand is estimated to make a staggering $386 million in 2017 and definitely on the right track to becoming the next billion-dollar company.