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World

Web Desk
March 6, 2019

Kylie Jenner becomes world's youngest billionaire ever

World

Web Desk
Wed, Mar 06, 2019

WASHINGTON: Kylie Jenner, 21, has become the world's youngest self-made billionaire, overtaking Mark Zuckerberg, according to Forbes billionaires' list.

The 21-year-old founded and owns Kylie Cosmetics, she founded three years ago, that generated an estimated $360m in sales last year.

She reached the milestone earlier than Facebook founder Mark Zuckerberg who became a billionaire aged 23.

"I didn't expect anything. I did not foresee the future. But [the recognition] feels really good. That's a nice pat on the back," Ms Jenner told Forbes.

However, the list shows Amazon's founder Jeff Bezos remains the world's richest man  with  his  estimated fortune of $131billion,   up $19bn from 2018.

Amazon's share price has been good for Mr Bezos' bank balance and the gap between him and the number two, Bill Gates, is a little wider, even though Mr Gates' fortune has swelled to $96.5bn from $90bn last year.

While Warren Buffett is  the third richest man in the world  according to the  Forbes  list.

Here is the list 

RICHEST In The World

1. Jeff Bezos - $131billion

2. Bill Gates - $96.5billion

3. Warren Buffett - $82.5billion

4. Bernard Arnault & family - $76billion

5. Carlos Slim Helu & family - $64billion

6. Amanico Ortega - $62.7billion

7. Larry Ellison - $62.5billion

8. Mark Zuckerberg - $62.3billion

9. Michael Bloomberg - $55.5billion

10. Larry Page - $50.8billion

The richest woman in the world is Francoise Bettencourt Meyers who, along with her family, has a fortune of $49.3billion. They own a 33 percent stake in L'Oreal.

The number of self-made women reached 72 for the first time, up from 56 a year ago. 

WOMEN

1. Francoise Bettencourt Meyers (#15th in the world) - $49.3billion

2. Alice Walton (#17th) - $44.4billion

3. Jacqueline Mars (#33) - $23.9billion

4. Yang Huiyan (#42) - $22.1billion

5. Susanne Klatten (#46) - $21billion

6. Steve Jobs' widow Laurene Powell Jobs & family (#54) - $18.6billion

7. Abigail Johnson (#71) - $15.6billion

8. Iris Bontbona & family (#74) - $15.4billion

9. Gina Rinehart (#75) - $15.2billion

10. Kwong Siu-hing (#78) - $15.1billion


USA

1. Jeff Bezos - $131billion

2. Bill Gates - $96.5billion

3. Warren Buffett - $82.5billion

4. Larry Ellison - $62.5billion

5. Mark Zuckerberg - $62.3billion

6. Michael Bloomberg - $55.5billion

7. Larry Page - $50.8billion

8. Charles Koch - $50.5billion

9. David Koch - $50.5billion

10. Sergey Brin - $49.8billion


Facebook founder Mark Zuckerberg wealth is among those falling. It has dropped by $8.7bn (£6.6bn) in the past year to $62/3bn, according to the Forbes list.