Kylie Jenner ties with Jay-Z to become Forbes’ FIFTH wealthiest American celebrity after acquiring $900 MILLION net worth

Kylie Jenner
OUR WEB HOSTING COMPANY

She has amassed a fortune after launching her beauty empire.

Now Kylie Jenner is the fifth Wealthiest American Celebrity of 2018.

The 21-year-old’s net worth of $900 million sees her tied at fifth place with Jay-Z in a new list compiled by Forbes Magazine.

Making her mark! Kylie Jenner is Forbes' fifth Wealthiest American Celebrity of 2018 (pictured in Los Angeles in September 2018)

Making her mark! Kylie Jenner is Forbes’ fifth Wealthiest American Celebrity of 2018 (pictured in Los Angeles in September 2018)

This year marks the first time Kylie has landed on the list, which ranks the wealthiest American celebrities based on fortune they have amassed off their fame.

The list did not take into account stars whose wealth made their famous.

Kylie Cosmetics was launched two years ago, and has already shifted over $630 million in makeup products, according to Forbes.

The line is so popular new products typically sell-out within minutes of their release.

It's a tie! Kylie ties for the fifth place with Jay-Z, as both stars have been valued at $900 million (Jay-Z pictured June 2018 in Glasgow)

It’s a tie! Kylie ties for the fifth place with Jay-Z, as both stars have been valued at $900 million (Jay-Z pictured June 2018 in Glasgow)

She means business! Kylie owns 100% of the company, and advertises heavily on her various social media platforms (pictured November 2015 in Los Angeles)

She means business! Kylie owns 100% of the company, and advertises heavily on her various social media platforms (pictured November 2015 in Los Angeles)

Kylie owns 100% of the company, and advertises heavily on her various social media platforms.

‘Social media is an amazing platform,’ she previously told Forbes. ‘I have such easy access to my fans and my customers.’

In just two years since launching her business, Kylie looks on track to unseat Facebook founder Mark Zuckerberg as the youngest-ever self made billionaire.

Fan favorite: Kylie owns 100% of the company, and advertises heavily on her various social media platforms

Over the summer she became the face of Forbes’ August cover which was headlined ‘America’s Women Billionaires.’

Kylie Cosmetics started off selling just lip kits, but it has since expanded to include concealer, eye shadow, and blush products.

In May, sister Kim Kardashian interviewed Kylie about why her beauty business has been so successful.

Dressed for success: In just two years since launching her business, Kylie looks on track to unseat Mark Zuckerberg as the youngest-ever self made billionaire

Dressed for success: In just two years since launching her business, Kylie looks on track to unseat Mark Zuckerberg as the youngest-ever self made billionaire

She told ES magazine: ‘It’s the most authentic thing I’ve done in my career, and it really relates to me, and I feel like people can tell that I’m super passionate about it.

‘It came from an insecurity and I turned it into something. I was insecure about my lips, and lipstick is what helped me feel confident.

‘And I feel like people could see that it’s authentic to me, and it was organic, and it just worked!’

Success! Over the summer she became the face of Forbes' August cover which was headlined 'America's Women Billionaires' 

 

Success! Over the summer she became the face of Forbes’ August cover which was headlined ‘America’s Women Billionaires’

Kylie is in great company on this year’s Forbes list.

The number one spot on the list this year went to George Lucas, whose net worth was listed at $5.4 billion.

The second place spot goes to Steven Spielberg, who is valued at $3.7 billion, while Oprah Winfrey landed in third with $2.8 billion.

Michael Jordan’s net worth of $1.7 billion placed him in fourth place, David Copperfield’s $875 million landed him in seventh, Diddy’s $825 million saw him take the eighth spot.

Tiger Woods and James Patterson tied for the ninth spot with a net worth of $800 million.

Dino-mite: Spielberg attended the premiere of Jurassic World: Fallen Kingdom in Los Angeles in 2018

Top spots! George Lucas landed in first place, while Steven Spielberg was placed in the second spot

Third spot: Oprah Winfrey, pictured in 2018 in Johannesburg, landed in third with $2.8 billion

Third spot: Oprah Winfrey, pictured in 2018 in Johannesburg, landed in third with $2.8 billion