Kylie Jenner Covers Forbes Magazine Thanks To Lipkit Empire
Congratulations are in order for Kylie Jenner…
The lipkit queen is on the cover of Forbes Magazine’s August issue which touts the 20-year-old for her near billionaire status. If sales of her Kylie Cosmetics brand continue to go up she’ll become the youngest self-made billionaire — beating out Mark Zuckerberg who earned his stripes at 23.
The Forbes story covers the nitty gritty details of Jenner’s business, which the magazine values at $800 million. Jenner owns 100% of her company. Impressive right? Inside the story Kylie talks about how she turned self-doubt into profit.
“I struggled for a minute with finding something to do on my own,” Jenner says.
And then came makeup.
“Ever since I was in sixth grade, I would wear purple eye shadow,” Jenner says. “I turned to makeup to help me feel more confident.” She learned about makeup by watching YouTube videos and scrutinizing the professionals painting her face for TV appearances and photo shoots. Jenner, who claims she was insecure about her lips, developed the habit of applying liner beyond her lips’ natural perimeter to create the illusion of bigger lips. In August 2014, at age 17, she presciently trademarked the phrase “Kylie Lip Kits … for the perfect pout,” two years before going out on her own.
Our favorite part of the interview is when she ponders on staying in the cosmetics business FO’ LIFE!
Back at Kylie Cosmetics world headquarters for the day–looking out at her mom’s swimming pool while sipping an iced tea–Jenner prepares to hop into her black Bentley Bentayga to pick up her 5-month-old daughter. “Maybe one day [I’ll] pass this on to Stormi, if she’s into it,” says Jenner, who envisions working on Kylie Cosmetics “forever.”
Are you guys happy for Kylie or nah? Who has tried her brands? Do you like them?
You can read the full article HERE