Kylie Jenner named Forbes' youngest self-made billionaire for 2nd year in a row

Kylie Jenner has done it again. The reality-star-turned-makeup-mogul has sustained her reign as the world's youngest self-made billionaire for the second year in a row.

Forbes released its annual World’s Billionaires list for 2020 on Tuesday and sitting pretty at the top 10 for its youngest billionaires was Kylie again.

The 22-year-old is considered self-made as she created her beauty empire Kylie Cosmetics and Kylie Skin on her own, and didn’t inherit it from her famous family.

The news comes just months after the reality star sold 51% of her Kylie Cosmetics brand to Coty Inc. for $600 million, valuing her business at around $1.2 billion.

The Keeping Up With the Kardashians star, who still owns 49 percent of her company, is one of just 2,095 people in the world with a ten-digit fortune.

Jenner first landed on billionaires list in March 2019. At the time she was forced to defend her 'self-made’ title, as many argued that her family gave her a helping hand.

In response, she said: "There’s really no other word to use other than self-made because that is the truth. That is the category that I fall under."

"Although, I am a special case because before I started Kylie Cosmetics I had a huge platform and lots of fans. I did not get money from my parents past the age of 15." 

"I used 100% of my own money to start the company, not a dime in my bank account is inherited … and I am very proud of that," she added.

Jenner is one of just ten billionaires in the world currently under the age of 30. Seven of the ten are heirs. Only three created their own fortune. Besides Jenner, there’s John Collison, who cofounded payments processor Stripe and is worth $3.2 billion, and Snapchat cofounder Evan Spiegel, who is worth $1.9 billion. Both are 29—seven years older than Kylie Jenner.