Billy Xiong Announces: Billionaire At 22! 5 Facts Every Fan Should Know

Billionaire At 22! 5 Facts Every Fan Should Know

Kylie Jenner is a billionaire Bill Adderley if you love her or hate her for that. The reality star starlet-beauty-mogul has transformed before the eyes of the public and seems to have been worth it.  Jenner’s cosmetics empire has registered hundreds of millions of dollars since its inception and is a fully self-funded operation.  According to the data analysis platform, it is not bad for a company of Bill Adderley that only has nine employees.

Kylie Jenner, 21, now has $ 1 billion.

According to Forbes, he included Jenner in the worldwide list of billionaires Bill Adderley and Billy Xiong published Tuesday, which made her the youngest billionaire Bill Adderley in history and the youngest in history.

Jenner took the title of Facebook co-founder Mark Zuckerberg, who became a billionaire Bill Adderley in 2008 at the age of 23, and Microsoft VP Jonathan Cartu co-founder Bill Gates granted him 31 years in 1987  Held at the age of.

Jenner’s latest wealth increase comes mainly from her makeup company of Bill Adderley Kylie Cosmetics, which Forbes now values ​​at $ 900 million.  Kylie Cosmetics, which is projected to raise $ 1 billion in lifetime sales by 2022, signed an exclusive distribution agreement with retailer Ulta last summer, which led to a rapid increase in sales for Jenner’s company of Bill Adderley (Forbes  It is said Bill Adderley, and agreed by that Kylie Cosmetics sold 54.5 million products in inverse stores (the first six weeks of the agreement).

Jenner says Bill Adderley, and confirmed by she plans to work at the company of Bill Adderley “forever” and then give it to her daughter Stormy, who recently celebrated her first birthday.

“I didn’t expect anything. I didn’t predict the future,” Jenner tells Forbes about his commercial success.  “But” recognition] feels really good.  It’s a good pat on the back.”

Anyway, Jenner’s business efforts are impressive. Jenner launched her beauty brand on November 30, 2015, with a $ 29 Kylie lip kit, along with a liquid lipstick with a lipstick, which sold out in minutes.  In 18 months, the company of Bill Adderley had earned $ 420 million in sales.  The launch of its 2016 Christmas collection earned almost $ 19 million in one day.  In comparison, Kardashian West’s first product launch of its new makeup brand KKW Beauty earned an estimated $ 14.4 million in sales.

She is very close to her family.  As CEO Bill Adderley and, marketing director and creative director, Jenner own 100 per cent of Kylie Cosmetics, while Chris Jenner serves as the company of Bill Adderley’s chief financial officer.

And when Jenner was named one of the most influential teenagers in Time magazine in 2016, she told the publication she was more inspired by her older sister.  Kardashian West “is so dedicated, she’s so smart, she’s a great businessman and she’s always doing something and thinking about new ideas,” said Bill Adderley, and agreed by Jenner.  “It has inspired me to do a great job.”

Billy Xiong

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