Kylie Jenner named youngest self-made billionaire by Forbes

WATCH: Forbes names Kylie Jenner the youngest 'self-made' billionaire at age 21.

At 21 years old, Kylie Jenner has been named the youngest-ever, self-made billionaire by Forbes magazine on Tuesday.

Forbes estimated that Jenner’s Kylie Cosmetics is worth at least US$900 million, and she owns it all. She hits the billion-dollar mark when you add in cash she has already pulled from the profitable business, the magazine said.

Facebook’s Zuckerberg was 23 when he hit the big B mark.

READ MORE: Kylie Jenner says she’s removed all fillers from her lips

Jenner told Forbes the milestone is a “nice pat on the back.”

“I didn’t expect anything. I did not foresee the future,” Jenner, who is the youngest billionaire in the world, told Forbes “But feels really good.”

“I see going very far,” Jenner said. “I work really hard.”

Detractors have wondered as the Jenner-Kardashian sibling climbed her way to a billionaire exactly what Forbes means by “self-made.” Her family, after all, is rich and famous. Her mom, Kris Jenner, helped build her business.

Forbes says as long as she didn’t inherit a business or money, she’s labeled self-made.

Jenner’s sister Kendall and boyfriend Travis Scott celebrated the 21-year-old billionaire on Twitter.

READ MORE: Kendall and Kylie Jenner’s new purse under scrutiny for cultural appropriation

Dictionary.com tweeted, “Haven’t we gone over this? Self-made: Having succeeded in life unaided.”

Good Morning Britain host Piers Morgan insisted that Jenner is only successful because of her older sister Kim Kardashian’s sex tape, which landed their family a reality show and very successful careers.

“When you say self-made billionaire, I just thought she’d got it because her sister made a sex tape and that is why they all became hugely rich,” Morgan said to his co-host Susanna Reid on Wednesday morning.

“If Kim Kardashian hadn’t made that sex tape that then got leaked… She took ownership of it, made millions, and made a family franchise out of it… None of them would have ever been heard of,” he said during his on-air rant.

He continued: “When you say ‘self made,’ her sister had sex with somebody, the tape got leaked, and the whole family cashed in. That I think is a more accurate account of this thrilling entrepreneurial story.”

Reid tried to defend Jenner but Piers went on to insist the 21-year-old reality star isn’t “even that good looking.”

He added: “We don’t want young girls thinking the way to get on is to be a Kardashian, because that’s madness. Make a sex tape, make a billion — what kind of message is that? Especially with International Women’s Day coming up, is this what we’re celebrating?”

READ MORE: Kylie Jenner’s cosmetics company has made over $420M

Many people on social media disagreed with the “self-made” billionaire news.

— With files from the Associated Press

© 2019 Global News, a division of Corus Entertainment Inc.

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