Sunday, May 17, 2020

Kylie Jenner, Paris Hilton & Self-Made meaning (Forbes)

Kylie Jenner self-made Billionaire on Forbes cover.
At 21, Kylie Jenner Becomes The Youngest Self-Made Billionaire Ever.

Yes, whether you like it or not, Kylie Jenner is SELF-MADE by definition. She built and financed her cosmetics company, Kylie Cosmetics.

Just below, there is the Forbes Self-Made scale. Which made perfect sense if you want my opinion.

Forbes Self-Made scale.

At the most basic level, the scores denote who inherited some or all of their fortune (scores 1 through 5) and those who truly made it on their own (6 through 10).

1: Inherited fortune but not working to increase it: Christy Walton

2: Inherited fortune and has a role managing it: Forrest Mars Jr., Laurene Powell Jobs

3: Inherited fortune and helping to increase it marginally: Penny Pritzker

4: Inherited fortune and increasing it in a meaningful way: Henry Ross Perot Jr., Donald Trump

5: Inherited small or medium-size business and made it into a ten-digit fortune: George Kaiser

6: Hired or hands-off investor who didn’t create the business: Meg Whitman

7: Self-made who got a head start from wealthy parents and moneyed background: Rupert Murdoch, Kylie Jenner

8: Self-made who came from a middle- or upper-middle-class background: Mark Zuckerberg, Katie Rodan

9: Self-made who came from a largely working-class background; rose from little to nothing: Eddie Lampert, Eren Ozmen

10: Self-made who not only grew up poor but also overcame significant obstacles: Oprah Winfrey, George Soros

Paris Hilton may not be a Billionaire but she is also self-made too, despite her family name and old money. Just like Kylie Jenner, Paris Hilton used her celebrity to build her own brand as the businesswoman she is. Not all born-rich famous for being famous celebrities successfully expand their brand. Just look at her sister Nicky Hilton Rothschild (yes, she married a Rothschild) who tried to do the same.

FYI, Paris Hilton only has a $5.6 Million inheritance. Nonetheless Paris Hilton net worth is $300 Million.

Paris Hilton and Kylie Jenner SELF-MADE.
Paris Hilton and Kylie Jenner SELF-MADE Girl Bosses.

Why so many haters? 

JEALOUSY. because Kylie Jenner and Paris Hilton have it all: Beauty, brain and a lot of moolah.

Health & Wealth


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