By Forbes' conservative estimate, Jenner's company is valued at almost US$800 million (AU$1.09 billion).
Jenner's fortune is largely attributed to her makeup company "Kylie Cosmetics" which Forbes says has sold more than $630 million worth of makeup since its inception. Within the next year, she's set to become the youngest self-made billionaire ever, besting Facebook founder Mark Zuckerberg and Snapchat king Evan Spiegel.
Kylie's half-sister Kim Kardashian was formerly the highest earning member of the family, and has a current net worth of $350 million.
Be honest-were you a bit miffed seeing "self-made" among the many adjectives used to describe the uber-successful beauty mogul Kylie Jenner in her latest Forbes story? .
While fans were left wondering what exactly had changed with her appearance, she confirmed the news on Instagram, replying to one fan with: 'I got rid of all my filler, ' alongside a string of anxious emojis.
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Forbes shook up the Internet yesterday after they announced that Kylie Jenner is nearly worth $1 billion. Jenner is the sole owner, reaping all the profits. "I turned to makeup to help me feel more confident".
With her 21st birthday approaching and a new baby at home, Jenner is already looking out toward the future.
"I said, 'I'm ready to put up my own money".
As her appearance began to change, the world became fixated with whether or not teenage Jenner got lip fillers. They sold out in less than a minute at the November 2015 launch.
We're throwing major side-eye at the enormous reach that would constitute the cosmetics guru as self-made, but her rise to the top of the food chain is still pretty impressive.
Kylie also posted the Forbes cover photo on Instagram and wrote, "wow. i can't believe I'm posting my very own @forbes cover. thank you for this article and the recognition".