Kylie Jenner takes the position of the world's youngest self-made billionaire, according to Forbes billionaires' list.The youngest Kardashian family member is making her fortune from her best-selling cosmetics business namely Kylie Cosmetics. The 21-year-old founded and is the owner of Kylie Cosmetics, the three-year-old beauty business that generated an estimated $360m in sales last year. No sooner did it launch than girls all around the world went gaga over the collections, since, Kylie’s makeup has always been unsurpassable.
She reached the milestone earlier than Facebook founder Mark Zuckerberg who became a billionaire aged 23."I didn't expect anything. I did not foresee the future.”"But [the recognition] feels really good. That's a nice pat on the back," Ms. Jenner told Forbes.
Of all the billionaires on the list, only 252 are women, and the richest amongst them is the self-made woman is real estate mogul Wu Yajun of China, worth an estimated $9.4bn.The number of self-made women reached 72 for the first time, up from 56 a year ago.
The list has shown that Amazon's founder, Jeff Bezos, remains the world's richest man. His fortune totals $131bn, according to Forbes, up $19bn from 2018. But the billionaires' combined worth has gone down from $9.1 trillion at $8.7tn.
Facebook founder Mark Zuckerberg's wealth is among those which is gradually falling down.It has dropped by $8.7bn (£6.6bn) in the past year to $62.3bn, according to the Forbes list. His shares in Facebook lost a third of their value at the time when the company battled privacy scandals.
Amazon's share price has been good for the bank balance of Mr. Bezos' and the gap between him and the second richest man, Bill Gates, is a little wider, even though Mr. Gates' fortune has swelled to $96.5bn from $90bn last year.
For more interesting stories download the Lopscoop application from Google Play Store and earn extra money by sharing it on social media.