Forbes trolled for crowning Kylie Jenner self-made millionaire on their cover

Jul 12, 2018

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According to Forbes, Kylie Jenner got bank – $900 million dollars to be exact – but since the cosmetics CEO got a head start by being born into a millionaire family, does that mean she qualifies as a “self-made” almost billionaire?

That’s the hot topic that took the internet by storm on Wednesday, reports the Daily Mail.

—Papa John’s founder resigns as chairman after using the n-word during a media training conference call—

After Forbes posted the cover of their latest magazine with the Kylie Cosmetics CEO on it, praising her as “self-made”, many took issue with the term—including Dictionary.com which shot off a tweet and trolled the magazine.

Self-made means having succeeded in life unaided.

Used in a sentence: Forbes says that Kylie Jenner is a self-made woman. https://t.co/sr8Ncd7s5A https://t.co/ehEL7Cf6KV

— Dictionary.com (@Dictionarycom) July 11, 2018

Dictionary.com tweeted the definition: “Self-made means having succeeded in life unaided. Used in a sentence: Forbes says that Kylie Jenner is a self-made woman,” it added along with a link to the Forbes article.

Many agreed that nepotism and mom Kris Jenner’s gave Kylie built-in wealth, helping the 21-year-old climb the ladder to success and top the financial list.

“For the love of God, I seriously want to break something when I see the very epitome of privilege described as “self-made”. For f*** sake, if you start the 40-yard dash on the 39-yard line, you are NOT self-made,’ a commenter said.

“Self-made”? Really? It’s easy to become a billionaire when you’re parents are millionaires…It’s called generational wealth + nepotism. Try Oprah Winfrey, who was raised on a small Mississippi farm by her grandmother, for self-made *whispers Kylie also isn’t a billionaire yet*” another tweeted.

Writer and culture critic Roxane Gay also chimed in:

It is not shade to point out that Kylie Jenner isn’t self-made. She grew up in a wealthy, famous family. Her success is commendable but it comes by virtue of her privilege. Words have meanings and it behooves a dictionary to remind us of that. https://t.co/2HzIJbLb8q

— roxane gay (@rgay) July 11, 2018

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Forbes calculated her wealth this way:

“Even using a conservative multiple, and applying our standard 20% discount, Forbes values her company, which has since added other cosmetics like eye shadow and concealer, at nearly $800 million. Jenner owns 100% of it.

“Add to that the millions she’s earned from TV programs and endorsing products like Puma shoes and PacSun clothing, and $60 million in estimated after-tax dividends she’s taken from her company, and she’s conservatively worth $900 million, which along with her age makes her the youngest person on the fourth annual ranking of America’s Richest Self-Made Women,” the article reads.

Must be nice.