Last July, when Forbes magazine (USA) put Kylie Jenner on the cover and included her in the list of wealthy self-made women in America, a controversy broke out around the word “self-made”. (temporarily understood as making it yourself).

Many people believe that Kylie cannot be considered “self-made” rich because she comes from a rich and famous family. Others pointed out that she relied on the reputation of her sister Kim Kardashian West to build her reputation on social networks, and from there had the opportunity to do online business .

Forbes magazine responded with a clear explanation of their evaluation method. Accordingly, self-made wealth means “a person who builds a company or makes a fortune on their own, not from inheriting part or all of that asset.”

This Tuesday, Forbes officially ranked Kylie Jenner (21 years old) as the “world’s youngest self-made billionaire”, surpassing Facebook founder Mark Zuckerberg, who held this title at 23. year old.

According to Forbes, Kylie’s company value is at least about 900 million USD, not including other sources of revenue and assets outside the company, and Kylie completely owns 100% of these assets.

In the current era, in the era of digital technology and social networks, how should the concept of “self-made” enrichment be understood? And is reality TV star and businesswoman Kylie Jenner a “self-made” billionaire?

Americans have a clear distinction between people who become rich through their own efforts and people who become rich through inheritance.

Regarding Kylie Jenner, she is not a “giant” in the marketplace. Her company has less than 15 employees because she outsources all cosmetic production and distribution activities to other professional companies, with Kylie herself taking on the role of general manager. But she is a “giant” on… social networks, with more than 128 million accounts following on Instagram.

Determining whether a person’s wealth comes from hard work and self-effort is very difficult in today’s life, because of the power and influence of social networks.

Forbes also takes background into account to see how far a character has come from their background. Forbes introduced this scale in 2014, with 1 point for people who are rich entirely through inheritance, and 10 points for people who are rich entirely by themselves.

And Kylie Jenner got 7 points, it must be understood that Kylie is a very smart social network user so she has achieved great success in business. She herself did not have strengths such as a high education, graduated from a prestigious school, and did not inherit anything, but started producing cosmetics with her own savings.

In addition, the Kardashian-Jenner family does not have a position in the cosmetics industry; members of this family only started tinkering with the cosmetics business after gaining fame from the reality TV series. . So, Kylie Jenner is truly the youngest self-made billionaire the world has ever known.

How did Kylie Jenner become the youngest self-made billionaire?

Kylie Jenner is known as the founder of the cosmetic brand Kylie Cosmetics. Analyzing the path to wealth of this beautiful and sexy young girl is currently an interesting topic for both economic experts and showbiz readers, both financial newspapers and celebrity news sites.

Kylie Jenner was born in 1997, the child of former Olympic athlete Caitlyn Jenner and Kris Jenner. She grew up with her biological sister – model Kendall Jenner and her half-brothers and half-siblings.

The Kardashian-Jenner family began entering American showbiz in 2007 when the reality TV show revolving around this family’s life – “Keeping Up With the Kardashians” – was made. Kylie appeared on the show when she was just a little girl and gradually grew up, becoming a young woman, along with subsequent series.

On social networks, Kylie attracted great attention. Kylie and her sister Kendall worked together to launch fashion product lines, accessories… At the end of 2015, Kylie had her own business. On her own, she launched the Kylie Lip Kit lipstick line – a strong product of the Kylie Cosmetics brand.

Kylie herself assessed her business success to Forbes saying: “It’s the power of social networks, I have a very strong reach before I even start wanting to do something.”

From a starting lipstick line, Kylie created a cosmetics brand, all stemming from her obsession with her lips. Kylie got lip injections in 2014 and was immediately commented on by showbiz news sites and netizens.

In response to the excessive concern for her lips, Kylie immediately used her savings to order 15,000 lipstick sets and advertise on her personal account. Unexpectedly, the products sold out in a few minutes. The idea of ​​a serious cosmetics business was immediately born with lipstick sets with more diverse shades and more types of makeup products.

Kylie’s appeal increased even more when she secretly gave birth to a child with her boyfriend – rapper Travis Scott – when she was very young.

Despite being “terribly” rich, Kylie is still very humble and values ​​family relationships. The Kardashian-Jenner family is not highly appreciated in the American showbiz world because they rose to fame thanks to reality TV shows, and the private lives of family members are often used to create their appeal, but Kylie is the word. Impressive response to “disdain”.

In the family, Kylie appreciates her sister Kim Kardashian the most: “She is very dedicated, very smart, a true entrepreneur and always thinks and acts towards new and different things. She inspires me to have a positive, hard-working attitude towards work.

“I feel like people don’t appreciate my family because of the scandal, and don’t take me seriously as a businesswoman because of my name and starting point. But I think people will have to change soon. I like to prove people wrong.”