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This 20 year old will not stop until the world is hers. In fact, she made the cover of forbes magazine this month with the headline “America’s Women Billionaires.” It’s no secret that she has been hustling since day one, but her lip kit empire helped launch her up into the stratosphere with income / great business sense, and more. Oh yeah and she’s also a MOM!
Truly an incredible feat. Kylie Cosmetics launched only two years ago with a $29 dollar lip kit, and with that she has sold over 630 million dollars worth of makeup since then. Also due to the huge success from her reality programs, modeling, and more, She is now worth a staggering 900 million dollars. and here’s the best part, she owns 100% of her cosmetic company. Talk about massive profits. Makeup products have some of the highest profit margins out of any industry, next to pharmaceuticals.
In an interview, kylie praised social media and how it helped her blow up. She said “social media is an amazing platform – I have such easy access to my fans and my customers.”
It’s safe to say she’s changed the game. What Kim did for booty, Kylie has done for lips. With over 110 Million followers on instragram who are MOSTLY female. She’s able to push her brand every day to the right audience.
Obviously kylie isn’t going to be the only female billionaire, in fact. According to forbes, she is #27 on the forbes list, with Diane Hendricks at number one. Who is Diane Hendricks? Oh she just runs ABC supply, and is almost worth 5 Billion. Let’s see how long it takes kylie to catch up.
So here’s my question for you! Would kylie have this much success if she wasn’t attached to the kardashian / jenner empire? Or do you think she would pave the way of lip kits for everyone anyways. Let me know down in the comments, and thanks for watching! Please click right over here to watch us recreate Celeb Vacation Instagram photos, and don’t forget to subscribe by clicking right down here! I’m tom Plumley, you guys can find me on the socials, and I’ll see you soon!
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