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re: Forbes - The Richest People In the World. Kylie Jenner is now a Billionaire
Posted on 3/5/19 at 9:45 am to ReauxlTide222
Posted on 3/5/19 at 9:45 am to ReauxlTide222
quote:
Kylie is worth a billion dollars?!
She figured out how to leverage her fame into outrageous wealth.
Jessica Simpson started this business model with her shoes.
2
Posted on 3/5/19 at 9:46 am to RLDSC FAN
I'm more disappointed with the people who made her a billionaire than with Kylie herself.
Not a huge fan of her regardless, but I cant hate the hustle.
Not a huge fan of her regardless, but I cant hate the hustle.
Posted on 3/5/19 at 9:46 am to TigerDonk
quote:
Jessica Simpson started this business model with her shoes.
Yeah.... it was her shoes.
Posted on 3/5/19 at 9:48 am to SidewalkDawg
Posted on 3/5/19 at 9:50 am to castorinho
quote:
Hewlett and Packard immortalized the garage–Jenner has her (or her mom’s) kitchen table. Her near-billion-dollar empire consists of just seven full-time and five part-time employees. Manufacturing and packaging? Outsourced to Seed Beauty, a private-label producer in nearby Oxnard, California. Sales and fulfillment? Outsourced to the online outlet Shopify. Finance and PR? Her shrewd mother, Kris, handles the actual business stuff, in exchange for the 10% management cut she takes from all her children. As ultralight startups go, Jenner’s operation is essentially air. And because of those minuscule overhead and marketing costs, the profits are outsize and go right into Jenner’s pocket.
While there's no reason to hate on her for it, it looks like she fell into this circumstance more than she created it.
Posted on 3/5/19 at 9:51 am to RLDSC FAN
Is this legit or is this like when Uber claims it's worth 900 billion dollars?
Posted on 3/5/19 at 9:57 am to RLDSC FAN
How did she make her money? I thought she was just a model or something...
Posted on 3/5/19 at 9:59 am to wasteland
Dad is a legit successful attorney, daughter becomes a socialite, somehow leverages that into fame and a viable career, younger sister then leverages that into a successful career as a super model, then leverages that into an insanely profitable makeup business. Somewhere in that mix is a bi-polar rapper, some NBA stars, and a former olympic gold medalist turned trans.
Only in America!
Only in America!
Posted on 3/5/19 at 10:00 am to RLDSC FAN
Jeff Bezos and I have a combined average net worth of over $65.5 billion.....
Posted on 3/5/19 at 10:05 am to RLDSC FAN
quote:
Kylie Jenner is now a Billionaire
Posted on 3/5/19 at 10:06 am to PrimeTime Money
quote:
How did she make her money? I thought she was just a model or something...
quote:
fter signing an exclusive distribution deal with Ulta, the beauty retailer, Kylie Cosmetics was rolling its $29 lip kits—a matte liquid lipstick and matching lip liner—into Ulta’s 1,000-plus stores. And Jenner showed up to the Richmond Avenue Ulta in Houston to greet customers, sign autographs on lip kits and, of course, pose for selfies with her fans.
Over the next six weeks, Kylie Cosmetics sold $54.5 million worth of products in Ulta, according to estimates from Oppenheimer. “I popped up at a few stores, I did my usual social media—I did what I usually do, and it just worked,” she says.
Fueled in part by the Ulta expansion, Kylie Cosmetics’ revenue climbed 9% last year to an estimated $360 million. With that kind of growth, and even using a conservative multiple from the booming makeup industry, Forbes estimates Jenner’s company is worth at least $900 million. She owns all of it. Add in the cash Jenner has already pulled from the profitable business, and the 21-year-old is now a billionaire, with an estimated fortune of $1 billion.
Posted on 3/5/19 at 10:07 am to PrimeTime Money
quote:She had a company put generic lipstick in a bag and put her name on it.
How did she make her money? I thought she was just a model or something...
That's BARELY simplifying it.
Posted on 3/5/19 at 10:07 am to RLDSC FAN
quote:
Kylie Jenner
Who?
I really do not know them besides Kim and the tranny.
Posted on 3/5/19 at 10:07 am to atxfan
quote:
Dad is a legit successful attorney, daughter becomes a socialite, somehow leverages that into fame and a viable career, younger sister then leverages that into a successful career as a super model, then leverages that into an insanely profitable makeup business. Somewhere in that mix is a bi-polar rapper, some NBA stars, and a former olympic gold medalist turned trans.
Only in America!
As ridiculous as that sounds, you forgot to add OJ beating a murder charge.
Posted on 3/5/19 at 10:09 am to TigerDonk
quote:
Jessica Simpson started this business model with her shoes.
Wut? Jessica Simpson started this?
Look at all the lifestyle brands that have been around for decades. Jordan immediately comes to mind, but I'm sure this has been going on for a long time.
Posted on 3/5/19 at 10:17 am to DarthRebel
quote:
Who?
really? You post hot chicks off instagram and don't know who Kylie is?
She's the good looking one with out the big booty or dick&balls.
Wait, that's kendall. frick, who is Kylie.
This post was edited on 3/5/19 at 10:19 am
Posted on 3/5/19 at 10:19 am to RLDSC FAN
Some people are so poor all they have is money.
Posted on 3/5/19 at 10:22 am to Cdawg
Y'all remember when she looked like this? Almost looks like a completely different person now.
Posted on 3/5/19 at 10:27 am to Cdawg
quote:holy shite, this whole time I thought this was about the one that's called Kendall.
really? You post hot chicks off instagram and don't know who Kylie is?
She's the good looking one with out the big booty or dick&balls.
Wait, that's kendall. frick, who is Kylie.
And holy shite, all their names start with a K.
Sudden clarity Clarence moment.
[/img]
For a KKK family, they sure do love black people.
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