Will Kylie Jenner Become the Youngest Self-Made Billionaire?

15:14
 
Share
 

Manage episode 214406813 series 109520
By Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio streamed directly from their servers.

Learn whether or not Kylie is self-made and why she has something important to teach us.

Kylie Jenner was recently mentioned in Forbes magazine as potentially, the youngest self-made billionaire, surpassing Mark Zuckerberg.

She turns age 21 on August 10, 2018.

There’s a debate as to whether she is really self-made. Let's look at the facts:

  • She was born into a famous family
  • Kylie grew up famous
  • She is currently on a TV show KUWTK
  • Someone else paid for plastic surgery to improve her looks and lip fillers to broaden her lips
  • Her Instagram had some help getting to 100 million followers because she was born famous

However,

  • Sister Kim is more famous and is #54 on Forbes list
  • Kylie came up with product/business idea herself
  • Invested $250k of her own money from modeling
  • Owns 100% of the company
  • Her lip kit priced at $29 was affordable
  • She spends nothing on advertising
  • Has a limited staff and outsources product & sales
  • Uses her influence well

So maybe she’s not technically self-made, but that doesn’t mean she’s not a fantastic, talented business woman.

Kudos to Kylie!

Other Be Wealthy & Smart podcasts can be found at http://lindapjones.com/podcasts

Join my Instagram page at http://instagram.com/lindapjones

Please Subscribe and leave a Review!

461 episodes available. A new episode about every 2 days averaging 14 mins duration .