- Forbes called Kylie Jenner the youngest self-made billionaire in March after Kylie Cosmetics’ revenue grew by 9%.
- Jenner’s new title caused a lot of negative reactions from people who disagreed with her being called “self-made.”
- In an interview with the New York Times, Jenner has responded to the idea that she is self-made.
- According to Jenner herself, none of her money is inherited but she did receive a lot of help in building her fortune.
Less than a month after Forbes crowned Kylie Jenner the youngest self-made billionaire, the 21-year-old Kylie Cosmetics mogul is speaking out following a public outcry that included claims that she didn’t qualify for the “self-made” part of her title.
According to Forbes, Jenner became the youngest billionaire in the world when her Kylie Cosmetics revenue grew by 9% to approximately $US360 million, bringing the company’s total worth to an estimated $US900 million. Jenner’s title quickly garnered a lot of negative reactions, with Twitter lighting up with criticism that Jenner had gotten to billionaire status without help.
But now, Jenner is responding to the idea that she is “self-made.” In a new interview with the New York Times that was published on Sunday, Jenner said that while technically, none of the money that she has made or used for her business was inherited from her family, she does agree that she’s had a lot of help along the way.
“I can’t say I’ve done it by myself,” Jenner told the Times. “If they’re just talking finances, technically, yes, I don’t have any inherited money. But I have had a lot of help and a huge platform.”
Despite the backlash, Jenner said that the title felt good to receive.
“I didn’t expect anything. I did not foresee the future,” Jenner told the outlet. “But [the recognition] feels really good. That’s a nice pat on the back.”
This isn’t the first time Jenner has been open about the platform she had before launching her business. In an earlier interview with Paper Magazine in February, Jenner revealed that parents Kris and Caitlyn Jenner cut her off at age 15, and she also took the opportunity to point out then that her money wasn’t “inherited.”
“My parents told me I needed to make my own money, it’s time to learn how to save and spend your own money, stuff like that,” she said at the time. “What I’m trying to say is I did have a platform, but none of my money is inherited.”
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