Say what you want but 20 year old Kylie Jenner but she is a beast! Remember that young Kylie that was made fun of because she decided to get lip injections? She quickly turned that bullying around launching her 100% owned cosmetic company, Kylie Cosmetics. Selling lip liners, eyeshadows, bronzers, and more has really paid off for the young millionaire that's on her way to becoming the youngest ever self-made billionaire. Forbes magazine August issue will reveal America's Women Billionaires and cover is none other than, Kylie Jenner. At 20 years old Kylie Cosmetics is already worth $900 million in just three years since it launched, with no signs of slowing down. Kylie is projected to be a billionaire by the age of 23!
This is how the women featured made the list via Forbes.com
To compile net worths, we valued individuals’ assets, including the value of stakes in public companies using stock prices from June 22. We valued private companies by consulting with outside experts and conservatively comparing them with public companies. To be eligible for the list, women had to have substantially made their fortunes in the U.S. and be U.S. citizens or permanent residents. We attempted to vet these numbers with all list entrants. Some cooperated; others didn’t. We consider any person who built her own fortune, and didn’t inherit the money, to be self-made. So top executives at tech firms who are compensated for helping significantly grow companies make the ranks but not second generation women running family businesses.