SAN FRANCISCO (KRON) - Kylie Jenner is officially the youngest self-made billionaire of all time, dethroning Facebook's Mark Zuckerberg, who previously held the title.
Forbes made the announcement Tuesday that the 21-year-old took the top spot as it unveiled its annual list: "Billionaires: The Richest People in the World."
According to Forbes, Jenner now holds the title of both youngest self-made billionaire and youngest billionaire on Forbes' 'young billionaires' list.
Thanks to her successful range of makeup "Kylie Cosmetics," Jenner's personal net worth amounts around $1 billion, with Forbes estimating Jenner's company worth at least $900 million.
Zuckerberg was 23 when he made his first billion 11 years ago in 2008.
Despite his high-profile divorce, Jeff Bezos retains the top spot as No.1 billionaire in the world with a fortune of $131 billion.
Zuckerberg now ranks 8th on the list of billionaires, with a fortune of $62.3 billion.