Kylie is the youngest self-made billionaire

Move over Mark Zuckerberg. At 21, Kylie Jenner has been named the youngestever, self-made billionaire by Forbes magazine. Forbes estimated that Jenner’s Kylie Cosmetics is worth at least $900 million, and she owns it all. She hits the billiondollar mark when you add in cash she has already pulled from the profitable business, the magazine said.

Facebook’s Zuckerberg was 23 when he hit the big B mark. Jenner told

Forbes the milestone is a “nice pat on the back.”

Detractors have wondered as the Jenner-kardashian sibling climbed her way to a billionaire exactly what

Forbes means by “self-made.”

Her family, after all, is rich and famous. Her mom, Kris Jenner, helped build her business. Forbes says as long as she didn’t inherit a business or money, she’s labelled self-made.

The list shows Amazon’s founder, Jeff Bezos, remains the world’s richest man.

His fortune totals $131bn, according to Forbes, up $19bn from 2018. Facebook founder Mark Zuckerberg’s wealth is among those falling. It has dropped by $8.7 billion in the past year to $62.3 billion, according to the Forbes list.

His shares in Facebook at one point lost a third of their value as the company battled privacy scandals.

Of all the billionaires on the list only 252 are women, and the richest self-made woman is real estate mogul Wu Yajun of China, worth an estimated $9.4 billion.

The number of self-made women reached 72 for the first time, up from 56 a year ago. AP, IANS