Kylie Jenner, Isha Ambani: How the Two Women Reached the Billionaire Status
Kylie Jenner and Isha Ambani are two of the most famous billionaires in the world, who earned their living through their multiple businesses and ideas
There are over 2000 billionaires across the globe, some of whom are listed in Forbes’ 2019 list of the world’s richest. About 71 out of these 2000 fall below the age of 40 and if you go more in depth, 21 out of these people were named in the list for the first time. Kylie Jenner, a huge name in the entertainment and fashion industry, has been crowned the youngest self-made billionaire. On the other hand, Isha Ambani – the only daughter of Indian business tycoon, Mukesh Ambani – ranked at the second position of Forbes’ list of billionaire heiresses. Now one who wants to be a billionaire would want to know what one does to become here, which is why we’ve listed down what Isha and Kylie do and how they become some of the richest women in the world.
Kylie Jenner became a household name in the world of reality TV through one of the most loved series Keeping Up With The Kardashians. But that's not all that you need to become a billionaire. The 22-year-old has a perfect combination of beauty with brains as she used the spotlight she grew up in to launch business ventures. These helped her amass a big individual followership and also made her a lot of money.
Her very first move into the business world came at the age of 17 when she launched Kylie Cosmetics, which helped her earn millions, with her most bought product being the Kylie Lip Kit. She had earned the money to invest into the lip kit production from casual modeling in the past. The first 15,000 lip kits that she produced required an investment of $250,000. Later, Kylie, along with her sister Kendall Jenner, started another venture named Kendall + Kylie, which was a clothing line created by the two, bringing in more cash.
Fans of the influencer all across the globe used to flock to the website as soon as she launched a new product - sometimes either causing the website to breakdown within seconds, or the product to be sold out in the same amount of time. After starting off with lip kits, she moved to other makeup material and recently also launched her own skin care line. Kylie Cosmetics is now worth over $900 million.
The success of Kylie's lip kits comes from her huge fan following on Instagram. She also has a large number of viewers on Snapchat, where she would post swatches of her products for the fans to see and decide which one they would want next. Apart from social media bringing her business, sponsored posts also is a great income source for Kylie. A single post on Instagram is charged at $1 million by the 22-year-old. Currently, Kylie is the richest of all the Kardashian-Jenner siblings, with an estimated net worth of at least $1 billion.
While Mukesh Ambani is one of India’s biggest tycoons, it’s his children who often steal the spotlight from him, especially daughter Isha Ambani. Known for her fashion and style sense, the 27-year-old was born with a silver spoon in her mouth, but that did not come between her trying to make a living of her own. After graduating from Yale and Stanford, Isha moved back to India.
But even while she was in Yale, it was actually her who suggested her father to start Jio – one of the country’s most famous 4G networks. Mukesh once revealed that it she had convinced him that the broadband internet at their home wasn’t as good and investing and creating a better one, would be a good business. Plus, it’ll also put India head-to-head with the technology around the globe.
In 2014, Isha was included in the board of directors of Jio and Reliance retail. Later, she also briefly returned to Standford, to follow her mother, Nita Ambani’s footsteps and get into teaching. Moreover, she is also working on efforts to empower women with increased access to digital services, thus, also expanding her business.
Isha also has a number of celebrity friends, most of who performed at her wedding earlier this year. She also attended this year’s Met Gala. As of now, her net worth is estimated to be around $700 million.