Wednesday, September 22, 2021

Kylie Jenner faces backlash after becoming youngest self-made billionaire ever

Kylie Jenner has been named the youngest self-made billionaire of all time, but not everyone is celebrating.
Critics including a YouTube star and even derided Forbes for calling the youngest member of the Kardashian clan ‘self-made’.
Jenner, who is 21, has amassed a personal net worth of $1billion through her wildly successful make-up range Kylie Cosmetics.
And on Tuesday Forbes tweeted that Jenner was the ‘youngest-ever self-made billionaire, reaching a 10-figure fortune at a younger age than even Mark Zuckerberg’.
But many took issue with that description, with YouTube star Tyler Oakley replying: ‘We’re not doing this and you’re not gonna either’.
‘Haven’t we gone over this? Self-made: Having succeeded in life unaided,’ added
‘It’s not self-made, it’s because her sister made a sex tape,’ quipped Piers Morgan, referencing Kim Kardashian’s notorious video with Ray J.
Lindi Ortega argued that saying Kylie is self-made was akin to saying ‘Prince William is self-made’.
‘Self-made to me implies came from nothing,’ she wrote. ‘She capitalized on pre-existing fame due to being part of a wealthy socialite famous family. That fame catapulted her success.’
Another critic argued that Jenner would not be a self-made billionaire if she had been ‘born into a normal family who had every day jobs just like me and you’.
‘Kylie Jenner could sell her used Kleenex and be a billionaire. She comes from a family of celebrities,’ one Twitter user wrote.
Another user argued that Kylie was ‘already extremely famous’ before she launched her cosmetics line in 2015.
‘No matter what she put out, people were going to buy it because she’s part of the Kardashian/Jenner clan,’ they added.
‘Dear Twitter, Kylie Jenner is not self-made. She was a child on a reality show, her father is an Olympic gold medalist, her mother came from a family already famous off the controversy,’ another tweeted.
‘She was raised in the limelight and in wealth. Quit overhyping mediocrity.’
Some still showed their support for Jenner, with one fan arguing that ‘creating a billion dollar brand isn’t easy just because you have a platform’.
‘By your logic every celebrity should be a billionaire,’ they added.
Another supporter said that while they didn’t agree with the ‘self-made’ label, Kylie’s achievement should still be celebrated.
‘Sure having money helped, but it was more than that,’ they wrote. ‘If it was easy, all the sisters would’ve done it. At times we don’t like the family, but we can still give credit!’
Kylie defended the self-made label when Forbes first used it to describe her success in August.
‘I had such a huge platform, I had so many followers already, and I had so many people watching me,’ Jenner told Paper last month.
‘But my parents told me I needed to make my own money at age 15 – that it was time to learn how to save and spend my own money.’
‘What I’m trying to say is, I did have a platform but none of my money is inherited.’
Jenner is the youngest in her famous reality TV family and the first to hit the billion dollar landmark.
She was surprised by the success of her cosmetics company, which was only founded in 2015 but is now worth an estimated $900million.
Jenner, who owns a 100 percent stake in the company, has separate income from endorsements and her family’s reality TV show. She also owns an impressive portfolio of real estate.
‘I didn’t expect anything. I did not foresee the future. But [the recognition] feels really good,’ Jenner told Forbes.
‘That’s a nice pat on the back.’
Kylie credits her success to her enormous social media following, which ensured her a customer base before she even made her first product.
‘It’s the power of social media. I had such a strong reach before I was able to start anything,’ the reality TV star said, adding that she sees the company going ‘very far’.
‘I see [Kylie Cosmetics] going very far. I work really hard,’ she added.
But her mother Kris Jenner would not rule out that the youngest of the Kardashian family may sell the company in the future.
‘It’s always something that we’re willing to explore,’ she said.