Tag Archives: billionaire

Kylie Jenner is the world’s youngest self-made billionaire, again

Kylie Jenner is the world’s youngest self-made billionaire, again

Kylie Jenner is the world’s youngest self-made billionaire, again

Kylie Jenner is once again the world’s youngest self-made billionaire.

The makeup mogul, 22, made Forbes’ 2020 World’s Youngest Billionaires list for the second year in a row, as her Kylie Cosmetics brand brought her net worth up to $1 billion. Only two other entrants under 30 — Snap cofounder CEO Evan Spiegel and John Collison of payments startup Stripe, both 29 — are considered “self-made” billionaires according to the business mag.

Jenner told Forbes in 2018 that she invested $250,000 of her own money from modeling gigs in 2015 to pay an outside company to produce the first 15,000 lip kits that eventually launched into a full-fledged cosmetic line.

“I said, ‘I’m ready to put up my own money. I don’t want to do it with anyone else,’” Jenner said.

In 2019, the “Keeping Up with the Kardashians” star sold a 51% stake in Kylie Cosmetics to beauty giant Coty Inc. for $600 million.

More recently, the billionaire donated $1 million to help in the fight against coronavirus as it sweeps the globe. The money, which she donated to her OB-GYN, will help fund the cost of hundreds of thousands of masks, face shields, and other protective gear.

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Climate Enemies: The Men Who Sold the World

Climate Enemies: The Men Who Sold the World Billionaire Robert Mercer and his daughter Rebekah, who directs the Mercer Family Foundation, have spread millions of dollars across America’s most influential climate-science-denying groups, including the Heartland Institute, the Heritage Foundation, and … read more

Billionaire investor Steve Cohen: ‘After an earthquake there are tremors’

Billionaire investor Steve Cohen: ‘After an earthquake there are tremors’ © Reuters. FILE PHOTO: Steven Cohen, Chairman and CEO of Point72 Asset Management, speaks at the Milken Institute Global Conference in Beverly Hills By Lawrence Delevingne BOSTON (Reuters) – Billionaire … read more

Mark Cuban accuses 3M of allowing price gouging in medical equipment

Billionaire investor Mark Cuban, owner of the Dallas Mavericks, joins ‘CAVUTO Live’ to discusses Trump’s response to coronavirus. #FoxNews FOX News operates the FOX News Channel (FNC), FOX Business Network (FBN), FOX News Radio, FOX News Headlines 24/7, FOXNews.com and … read more

Real Estate Billionaire Barrack Says Commercial Mortgages on Brink of Collapse

Real Estate Billionaire Barrack Says Commercial Mortgages on Brink of Collapse Real Estate Billionaire Barrack Says Commercial Mortgages on Brink of Collapse More (Bloomberg) — Real estate investor Tom Barrack said the U.S. commercial-mortgage market is on the brink of … read more

Bloomberg’s ‘mercenaries’: Billionaire Dem funding network of climate lawyers inside state AG offices

Bloomberg’s ‘mercenaries’: Billionaire Dem funding network of climate lawyers inside state AG offices A program funded by 2020 presidential candidate Michael Bloomberg is paying the salaries of lawyers who are farmed out to liberal state attorney general offices to pursue climate-based litigation — … read more