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Kylie Jenner is the youngest to be featured in Forbes’ list

Jenner built up a $900 million cosmetics fortune in less than three years.

New Delhi: Reality-TV star and entrepreneur Kylie Jenner is the youngest to be featured in Forbes’ list of America’s 60 richest self-made women.

Twenty-four of these women are billionaires, another record, up from 18 last year. Seven newcomers joined the ranks, including four Instagram-savvy makeup moguls. The richest of these new faces is billionaire Anastasia Soare, whose cosmetics company Anastasia Beverly Hills, best known for beautifying eyebrows, now has more than 17 million followers on Instagram.

Kylie, half-sister of Kim Kardashian West, turns 21 in August. She had leveraged her massive social media following (110 million followers on Instagram) to build a $900 million cosmetics fortune in less than three years.

“That makes her worth more than twice as much as her more famous sister,” Forbes said.

The number one spot goes to Diane Hendricks, a Wisconsin billionaire who owns ABC Supply, one of the largest wholesale distributors of roofing, siding and windows in America.

Although 17 members in the list made their fortunes in fashion and retail, 13 including Facebook’s Sheryl Sandberg built fortunes in technology, while 10 including Oprah Winfrey and Taylor Swift made it in media and entertainment, Forbes said.

The list also includes immigrants who have achieved success and created wealth not only for themselves but for their employees too.

Fourteen of the top 60 women entrepreneurs were born outside of the US, including Eren Ozmen, the majority owner of aerospace and defence business Sierra Nevada Corp who is now gambling hundreds of millions to take on Elon Musk and others in space.

(With inputs from PTI)

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