Kylie Jenner’s cosmetic brand on the way to being a $1B brand!
Have you been Keeping up with the Kardashians? No? Well good, it’s the Jenner’s you need to be keeping up with now!
Today the youngest of the clan, Kylie, will be celebrating her 20th birthday and she’s got more than just her birthday to celebrate!
The teen entrepreneur may only be 20 today but she has still managed to rack up a massive $420 million in retail sales from her cosmetic brand in just 18 months! For example her birthday collection last year brought in $10 million in less than 24 hours! The lip kit mogul’s brand is set to hit a billion by 2022 where she will only be 24! This is an incredible amount of money for someone so young!
To put this in perspective for you, it has taken huge beauty giants like Lancôme 80 years to reach one billion dollars; this just goes to show the power of social media in influencing buying habits.
Can you believe that she has made this much money, we think it’s time to say move over Kim there’s a new girl in town!
Kylie is trying to forge her own identity away from the Kardashian brand with her cosmetic brand and she has just also launched her own reality TV show. Fans can now catch up with the millionaire millennial’s on “Life of Kylie” on E! on Sunday. Will you be tuning in? We wish good luck to this teen entrepreneur in her business ventures and happy birthday!