From Kylie Jenner to Rihanna, here are America's youngest and most successful businesswomen
Kylie Jenner, social media star, and founder, Kylie Cosmetics. Image: Getty Images
The social media star continues to pump her followers—including 390 million Instagrammers—with endorsements of products like Glow water (she recently became a spokesperson) and ads for Kylie Cosmetics items sold in British luxury retailer Selfridges and a line of products inspired by DC Comics’ Batman. In March, Jenner’s cosmetics brand lit up Dubai’s Burj Khalifa skyscraper with her face to celebrate its launch in the Middle East. Jenner owns an estimated 44.1 percent of Kylie Cosmetics; she sold 51 percent of it to French beauty giant Coty for $600 million in 2020.
Lucy Guo, founder, Passes, former co-founder, Scale AI. Image: Getty Images
Guo launched Passes, a “web3 platform for creators” that is a competitor to Patreon, in April last year and raised $8 million from investors in September. The bulk of her fortune comes from her nearly 6 percent stake in artificial intelligence firm Scale AI, which Forbes estimates is worth one-third less than a year ago. She co-founded the firm with Alexandr Wang in 2016 and left in 2018.
Also read: Meet the women of Indian origin on Forbes' list of America's most successful businesswomen in 2023
Taylor Swift, pop star. Image: Getty Images