Kylie Jenner, the latest member of the billion dollar club, has recently claimed her fortune is 100% self-made, and Twitter has much to say about it.
Kylie Jenner who has starred in the famous E! reality TV series “Keeping Up with the Kardashians” since 2007 and is the founder and owner of the globally acclaimed cosmetic company “Kylie Cosmetics” made this bold claim in an interview recently.
Kylie spoke about her wealth in an interview stating she ‘really spent every last dime’ she had starting Kylie Cosmetics – a company which is now worth an estimated $900 million.
Kylie Jenner was named the youngest self-made billionaire of all time by Forbes magazine this week, largely thanks to the booming cosmetics company she founded three years ago.
Forbes said she was both the world’s youngest billionaire and also the youngest “self-made” billionaire ever.
Many people reacted to Forbes’ “self-made” definition and they had to explain that they define it as the people who didn’t inherit their fortune.
Kylie, the half-sister of reality television stars Kim, Khloe and Kourtney Kardashian, said this about her achievement :
“I really spent every last dime that I had starting it, not even knowing if it would be successful.”
She started by investing $250,000 of her earnings from modeling and various other endorsements into her cosmetics company. Most self-made individuals don’t have such privilege.
But 21-year-old did acknowledge her position in the Kardashian/Jenner family meant she had privileges other business owners did not, which might have given Kylie Cosmetics an edge:
“I had such a huge platform, I had so many followers already and I had so many people watching me.”
Jenner was adamant the ‘self-made thing is true’, stating her parents ‘cut her off’ at the age of 15 and told her to start making her own way. Since then, Kylie says she hasn’t received any money from her parents. She said:
“I did have a platform, but none of my money is inherited.”
She emphasized on the point that she didn’t inherit any of her money and made it all by herself.
Twitter had much to say about this as people wrote all kinds of things.
Many people did not agree with this definition of self-made and some have even come up with quite hilarious responses to the news:
— ⭐️Jazzy Fizz⭐️ (@jasminebeck) March 6, 2019
— Nicole Perez (@nicole_perez1) March 6, 2019
One of the twitterati wrote:
“#KylieJenner is the world’s youngest billionaire. But, being born into money and fame isn’t “#SelfMade”. It’s the literal definition of #privilege.”
One twitterati dissected Forbes claim in these words:
#KylieJenner proves that EVERYBODY can become a "Self-made" billionaire!
ALL you need is your family's millions, your dad's fame, your mum's connections, your sister's sex tape and a good plastic surgeon… pic.twitter.com/ROsAGZ38iG
— Diamond Pearl (@MsDiamondPearl) March 6, 2019
Even Dictionary.com Twitter handle couldn’t help but comment on this news, it said:
Haven't we gone over this?
— Dictionary.com (@Dictionarycom) March 5, 2019
No matter how you see it, it is not possible to ignore Kylie’s privileged background. Without her family fortune, she’d never have had such a huge platform, so her business would probably never have had the success it currently does.
But kudos to her for running a successful business as
only last year, according to Forbes, Kylie Cosmetics did an impressive $360 million in sales.