Kylie Jennerwants to make one thing clear: Her massive fortune is entirely of her own making.
Jenner, who was recentlycrowned the youngest self-made billionairebyForbes, defends the title in a new interview withInterview Germany.
Theres really no other word to use other than self-made because that is the truth, says the 21-year-old creator and owner of Kylie Cosmetics. That is the category that I fall under.
Jenner does acknowledge that her familys fame gave her a platform, but she says shes beenfinancially independent for the last six years.
I am a special case because before I started Kylie Cosmetics, I had a huge platform and lots of fans, she says. I did not get money from my parents past the age of 15. I used 100 percent of my own money to start the company, not a dime in my bank account is inherited and I am very proud of that.
Even though she always believed in Kylie Cosmetics, Jenner herself is surprised by the booming success of the company.
I never thought that this could happen. I believed in Kylie Cosmetics but I didnt even know what I was getting myself into, she says. It feels amazing, its wild, and being the youngest ever to do it is a blessing. I now want to focus on giving back to people and doing things that Im passionate about.
She says she hopes shes remembered as someone who pushed boundaries, inspired them, worked incredibly hard, set trends, and made history with my business all at a young age.
I hope to inspire other young women to know that there are no limits and to work hard for what you believe in, she adds.
Forbesfirstpredicted Jenners fortuneahead of her21st birthdaylast August, diving into her then-$800 million cosmetics empire and estimating that she was on track to become the youngest self-made billionaire ever, male or female surpassing even Facebook founderMark Zuckerberg, who became a billionaire at age 23.
Earlier this month, Jenner wasofficially bestowed the titlein the magazines annualBillionaires ranking.
Driven byKylie Cosmetics expansion into Ultalast year, the companys revenue climbed 9 percent to an estimated $360 million, with the overall valuation ofthe brand estimated at $900 million, whichForbescalled a conservative report. Jenner owns 100 percent of Kylie Cosmetics, whichfirst launched in 2015 with three Lip Kits.
But Jenners billion-dollar-empire also stems from her other earnings: She also rakes inproduct endorsements, cashes in herKUWTKpaychecks, and boasts clothing lines and brand deals.
RELATED:Kylie Jenner Is Reportedly the Most Valuable Instagram Celeb with Posts Worth $1 Million
I didnt expect anything. I did not foresee the future, Jenner toldForbes. But [the recognition] feels really good. Thats a nice pat on the back.
Overall, the businesswoman credits her success to the internet (she has over 129 million Instagram followers alone).
Its the power of social media, she said. I had such a strong reach before I was able to start anything.
RELATED:Kendall Jenner Leads Worlds Highest Paid Model List With $22.5 Million in Earnings
Jenner revealed earlier this year that her parents,KrisandCaitlyn Jenner, cut her off at the age of 15.
My parents told me I needed to make my own money, its time to learn how to save and spend your own money, stuff like that, shetoldPAPERmagazinein February. What Im trying to say is I did have a platform, but none of my money is inherited.
That said, the reality star and mother of 1-year-old daughterStormisays her wealth doesnt define her.
I dont define myself by how much I have, she said. I honestly dont wake up even thinking about it.
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