Lip gloss boss: Kylie Jenner to be youngest self-made billionaire in history

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Her mother had the foresight to grow it into a full makeup line and ongoing business. "That's her thing. She loves a little bit of makeup".

Forbes reports that Jenner is the 27th-richest self-made woman in the United States, beating out the rest of her famous family.

The 20-year-old with her seemingly unstoppable makeup empire, Kylie Cosmetics, is one of seven newcomers on the list, which includes the likes of her sister Kim Kardashian.

However, Forbes noted that Kylie Cosmetics' growth has started to taper. Mama Kris Jenner stepped in from there, securing their own e-commerce platform to relaunch Kylie Lip Kits as Kylie Cosmetics on Shopify, where it just exploded.

And that isn't the only revenue stream for the 20-year-old. With that said, Kylie is on her way to become the youngest self-made billionaire ever, surpassing some guy named Mark Zuckerberg from Facebook. Mark Zuckerberg, the current record holder, was worth $1bn at the age of 23. The reality star, who was sacked from Teen Mom OG earlier this year, revealed that she planned to get the proper amount of filler injected back into her lips once her current filler was dissolved.

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The young mum credits social media for her success, as she told Forbes: 'Social media is an awesome platform. Manufacturing and packaging, sales, finance and public relations are all outsourced.

But she's not just making history as a successful woman.

Farrah Abraham filmed the procedure, and Dr. Nazarian revealed to viewers that Farrah's injections were to deflate her lips, not plump them even further. In addition to endorsements and her TV work, Forbes has her "conservatively worth $900 million". To put that into perspective, Kylizzle is now worth $900 million and she's only 20-years-old.

The business magazine said the social media star is on track to become "the youngest-ever self-made billionaire". With no real marketing budget beyond her social strategy, Kylie has revolutionized the way brands - beauty ones in particular - create products and interact with their fans.

Kylie Cosmetics has generated around $230 million in net profit.