Kylie Jenner‘s net worth 2020 is 1 billion dollars!

On April 8, Forbes magazine announced the top 10 youngest billionaires on the planet in 2020 (by age), and Kylie Jenner topped the list when it reached the billion-dollar mark at the age of 22. At the same time, her fortune currently ranks 1990 among 2,095 billionaires in the world.

Next on the list is Russian woman Alexandra Andresen, 23 years old ($ 1.2 billion), husband supermodel Miranda Kerr – technology entrepreneur Even Spiegel – ranked 8th with $ 1.9 billion.

According to Forbes, Kylie Jenner is the youngest self-made billionaire with a fortune of about $ 1 billion. She is also known for spending luxury on expensive items like supercars.

Things you might not know about Kylie Jenner‘s net worth:

In just 4 years, since 2015, Kylie Jenner has built a $ 1 billion fortune at age 21 mainly thanks to the founded Kylie Cosmetics Company. In 2019, she became the youngest self-made billionaire in the world on the Forbes list.

As of March 2019, she owns 100% of Kylie Cosmetics with a value of $ 900 million. Over the next seven months, the billionaire agreed to sell her 51% stake to cosmetics manufacturer Coty for $ 600 million, thereby pushing the valuation of Kylie Cosmetics to $ 1.2 billion.

After launching a distribution contract with Ulta retail system in November 2018, sales of Kylie Cosmetics reached $ 55 million after only 6 weeks.

With the amount of 170 million USD, Kylie Jenner is the 2nd biggest earner in the entertainment industry in 2019. Besides her business, she also has an abundant source of income thanks to advertising contracts.

According to Business Insider calculations, Kylie Jenner earns more than $ 19,000 per hour in 2019.

The average American worker earns about 48,300 USD a year. In 2019, Kylie Jenner only needs 2 and a half hours to reach this number.

Kylie Jenner is one of the most expensive advertising on social media. Each of her posts cost $ 1.2 million. According to estimates by the US Social Security Administration, that figure is approximately equal to the average amount an American woman with a bachelor’s degree earns throughout her life.

This female billionaire is so rich that the average American spends 1 USD as well as her 10,277 USD.

If Kylie Jenner spent $ 1 million per month, it would take her 83 years to use up her fortune.

Kylie Jenner’s net worth 2020 is probably not a mystery anymore!

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