Forbes named Kylie a billionaire, although later retracted.
On March 5, 2019, Forbes magazine named Kylie Jenner as the world's youngest self-made billionaire, a title that spurred considerable public dialogue about the nature of being 'self-made' given her inheritance of fame and wealth. This designation emphasized the vast success and valuation of her business, Kylie Cosmetics, at the time. In revisiting these claims, Forbes retracted the title in June 2020, citing discrepancies in reported financial figures, sparking further discussion on transparency in celebrity wealth reporting.