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Is Kylie Jenner’s wealth really self-made?

Image: Getty, Twitter

Cosmetics and reality television queen Kylie Jenner has been named the world’s youngest self-made billionaire at just 21 years old by Forbes.

With US$1 billion (AU$1.42 billion) to her name, she’s also the wealthiest of the Kardashian-Jenner clan.

But while her eye-watering wealth isn’t in dispute, many commentators have noted that Jenner hasn’t exactly come from the average family.

Her mother, Kris Jenner pioneered the term “momager” – building the careers of Kylie’s sisters Kim, Khloe and Kourtney Kardashian and Kendall Jenner while taking a 10 per cent management fee.

Both her parents are worth millions, and being born into a highly-watched reality television also comes with certain marketing perks.

So is Kylie Jenner self-made?

Twitter is divided, but most think she isn’t.

What does Kylie say?

In an interview with Paper Magazine, Jenner defended her title, saying her parents cut her off at 15.

“My parents told me I needed to make my own money, it’s time to learn how to save and spend your own money, stuff like that,” she said.

“What I’m trying to say is I did have a platform, but none of my money is inherited.

“The self-made thing is true.”

She also used $250,000 of her money earned modelling to fund the first 15,000 Kylie Jenner Lip Kits.

And that’s how Forbes defines self-made

“Forbes defines “self-made” as someone who built a company or established a fortune on her own, rather than inheriting some or all of it. As long as the list member didn’t inherit a business or money, she is labeled self-made,” Forbes journalist Kerry A. Dolan said.

But, she added, Forbes recognises that the person who builds their wealth from a disadvantaged upbringing is very different to a person with an in-built platform and multi-millionaire parents.

Forbes has a scoring system ranking the richest Americans on how self-made they were out of 10.

Someone who inherited all their money will only score a one, while someone like Oprah Winfrey who built an empire after growing up in hardship will score a 10.

“Kylie Jenner, who comes from a wealthy family and who has leveraged her fame to her advantage, ranks a seven,” Dolan said.

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