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.
Source : Jessica Bennett Link
Source : e-Radio.US Link
For More Lifestyle News Visit e-Radio.US
Billionaire Griffin sets up shop in shuttered Florida hotel Chicago billionaire Ken Griffin. | Sun-Times file Griffin flew two dozen traders from Chicago and New York to set up shop at the Four Seasons hotel as Citadel Securities moved its … read more
West Virginia governor’s coal companies to pay $5M in fines Billionaire West Virginia Gov. Jim Justice’s coal companies have agreed to pay more than $5 million for thousands of mine safety violations, By ANTHONY IZAGUIRRE Associated Press April 1, 2020, … read more
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’ © 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
Who Was the Real Jeffrey Epstein? Billionaire pedophile Jeffrey Epstein knew a lot of powerful men’s secrets, from princes to captains of industry and global political leaders. But he protected his own behind teams of powerful lawyers who battled up … read more
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
This billionaire owner isn’t rising to the occasion In the days since, professional athletes, many of whom are often told to “stick to sports,” have donated money from their own pockets to help those same type of hourly wage workers, … read more
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
Hedge fund billionaire Dalio says corporate losses in U.S. from coronavirus to top $4 trillion: CNBC (Reuters) – Ray Dalio, founder of hedge fund Bridgewater Associates LP, said on Thursday corporations in the United States will lose as much as … read more
Billionaire Carl Icahn Picks up These 2 Stocks on the Dip Rounding out an exceptionally volatile week of trading, the market delivered another dramatic swing, this time finishing in the green. After March 12 saw both the S&P 500 and the Dow Jones indexes post their largest … read more
Chinese Billionaire to Donate Coronavirus Test Kits, Face Masks to U.S. Chinese billionaire Jack Ma has pledged to donate 500,000 coronavirus test kits and 1 million face masks to the United States in the face of the global pandemic. As … read more
Billionaire Republican buys major Twitter stake, may oust CEO amid GOP concerns of bias, reports say A billionaire Republican megadonor has purchased a “sizable” stake in Twitter and “plans to push” to oust CEO Jack Dorsey among other changes, according to new … read more
Michael Bloomberg, a Billionaire Learning on the Job CHATTANOOGA, Tenn. — Consider it progress for a presidential candidate on a steep learning curve: Michael R. Bloomberg now thanks his hecklers. That is not how he has always handled unwanted interruptions … read more
Billionaire Tom Steyer drops out of presidential race Tom Steyer at a town hall meeting on rural healthcare issues on February 27, 2020 in Orangeburg, South Carolina. (Drew Angerer/Getty Images) Former hedge fund manager Tom Steyer announced Saturday night he … read more
Billionaire George Soros Snaps Up These 3 “Strong Buy” Stocks George Soros may be a lightning rod for political controversy, but everyone can agree that he’s a market and financial genius. He ran a hedge fund that maintained 33% annualized … read more
Another billionaire weighs in on state’s attorney’s race: George Soros gives $2M to group backing Foxx Investor and philanthropist George Soros, left, delivers a speech in Switzerland in Janurary; Cook County State’s Attorney Kim Foxx, right, meets with the Sun-Times … read more
The Big Short Billionaire Michael Lewis Missed Billionaire real estate investor Jeff Greene built his fortune with a lifetime of hustle and no partners. In this interview with Raoul Pal, Greene explains how he transformed himself from a traveling circus … read more
Warren unloads on Bloomberg: ‘A billionaire who calls women fat broads’ Sen. Elizabeth Warren, D-Mass., didn’t waste any time during Wednesday night’s Democratic debate in attacking the new candidate on the stage, ripping former New York City Mayor Michael Bloomberg for … read more
Tom Steyer: 5 things to know Billionaire and Democratic donor Tom Steyer went from financing climate change activism and Trump impeachment efforts to running a liberal campaign for president in 2020, and has had some limited success trying to break through … read more
Warren goes after ‘egomaniac billionaire’ on eve of Bloomberg’s debate debut Sen. Elizabeth Warren welcomed Michael Bloomberg to his first debate stage by ripping the former New York City mayor as an “egomaniac billionaire.” Warren accused Bloomberg of buying his way … read more
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
Billionaire Robert Durst back in spotlight as he faces murder charges in best friend’s killing After eluding the law for decades, eccentric New York real estate heir Robert Durst is finally set to stand trial for the murder of his best friend … read more
Democratic rivals tell billionaire Bloomberg: Let’s debate WASHINGTON (Reuters) – Two U.S. Democratic presidential candidates said on Sunday they would welcome the chance to square off against billionaire Michael Bloomberg if he qualifies for the next debate in Nevada. Democratic … read more
Elon Musk, the billionaire CEO of Tesla, said he would have redesigned the futuristic Cybertruck if consumers had hated it. “I said, ‘Listen, if nobody wants to buy it, we can always make one that looks like all the other … read more