That makes her the youngest billionaire in history, and the youngest self-made billionaire ever, according to Forbes.
The 21-year-old has overtaken Facebook founder Mark Zuckerberg, who previously held the title of youngest self-made billionaire from the age of 23. Jenner has 128 million followers on Instagram alone, where she constantly posts about her new products. Bill Gates bagged the second spot all due to his fortune worth $136 billion.
Kylie Jenner has her makeup company to thank for all the success she has seen over the years and credits social media for its part in the company's fortune.
Born in August 1997, Kylie is not only the youngest self-made billionaire but also the youngest billionaire on Forbes" "young billionaires' list.
"Kylie Jenner, who comes from a wealthy family and who has leveraged her fame to her advantage, ranks a seven", Dolan said.
"She made the sex tape, she owned the sex tape, she had to perform".More news: Sarri: Kepa controversy has united Chelsea
He and another 993 billionaires of 2018 got poorer past year, making for a record number of losers.
"It's the power of social media", Jenner told Forbes.
Metropolitan Museum of Art Costume Institute Gala - Rei Kawakubo/Comme des Garcons: Art of the In-Between - Arrivals - New York City, U.S. - 01/05/17 - Kylie Jenner.
"Her money she made on the show that she put into her company, seems self made to me", said Gen.G content creator AvaGG.
After the Kardashian drama surrounding Khloe, her ex Tristan Thompson and Jordyn Woods, fans were left fearing for Kylie Jenner's relationship with Travis Scott, the father of her daughter, Stormi, after rumours emerged the lip kit queen found some suspicious messages in his DMs.
In November 2018, she entered a distribution deal with American beauty retailer Ulta to sell Kylie Cosmetics in store. Forbes, relying on a different methodology, reported earlier Tuesday that Jenner had achieved the milestone. "I had such a strong reach before I was able to start anything", she said.