Forbes has released its annual Billionaire’s list and Kylie Jenner is the youngest billionaire for the second year in a row. The 22 year old Cosmetic mogul is said to be worth $1.2 billion dollars.
The site also reveals that money from the sale means she is one of just 2,095 people in the world with a fortune of ten digits. Forbes also addressed the controversy that surrounds the title ‘self-made’ after people argued that Kylie came from an already privileged background. They wrote: ‘ Yes, self-made (despite a lot of help from her famous family, she didn’t inherit her business—she built it). And yes, billionaire (she’s worth $1 billion).
Also on the list of young billionaires are sisters Alexandra and Katharina Andresen, aged 23 and 24, who both are worth $1.2billion and $1.1billion respectively. The Norweigan sisters are heiresses to their father’s holding company, Ferd S.
Here’s a list of the world’s Youngest billionaire’s according to Forbes:
1. Kylie Jenner, 22
Net worth: $1billion
Source of wealth: Cosmetics
2. Alexandra Andresen, 23
Net worth: $1.2billion
Source of wealth : Investment firm
3. Katharina Andresen, 24
Net worth: $1.1billion
Source of wealth: Investment firm
4. Gustav Magnar Witzoe, 26
Net worth: $2.6billion
Source of wealth: Fish farming
5. Elizabeth Furtwaenger, 28
Net worth: $1.2billion
Source of wealth: Publishing
6. Jonathan Kwok, 28
Net worth: $2billion
Source of wealth: Real estate
7. John Collison, 29
Net worth: $3.2million
Source of wealth: Stripe
8. Evan Spiegel, 29
Net worth: $1.9billion
Source of income: Snap
9. Pedro De Godoy Bueno, 29
Net worth: $1.1 billion
Source of wealth: Diagnostic services
10. Lisa Draexlmaier, 29
Photo Credit: Getty