civvver
Deity
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- Apr 24, 2007
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Forbes posted a cover article about Kylie Jenner and how shes on pace to become the youngest billionaire ever. In the headline they call her self made. Her company which she solely owns sells makeup online. Everything is outsourced, the production of the makeup, the order processing and fulfillment. The only thing her company does internally is come up the product ideas and market them. It works cus Kylie Jenner has 110 million followers on instagram. Read that again. 110 MILLION people are following this 20 year old reality star. I just question the whole direction of society at this point when I read that. But anyway, she posts herself wearing makeup that they sell for like $30 and reportedly they've sold over $600 million worth of product. That'd be like 20 million units, or less than 20% of her instagram followers. Idk if that's a high rate of sale or not, though I'm sure the amount of people buying is way less but buying multiple kits.
https://www.forbes.com/sites/forbes...t-a-900-million-fortune-in-less-than-3-years/
So of course a bunch of people went on twitter to rant about how non-self made she is.
https://www.msn.com/en-us/entertain...naire-on-magazine-cover/ar-AAzXpDK?li=BBnbfcL
I actually agree with them. She was born with a silver spoon in her mouth, a family that's already insanely wealthy with a reality tv show. The article says she invested $250,000 of her own money from modeling gigs. Ok that's cool, but do you think if her family was not omnipresent in the news she would've been "discovered" as a model at like 16 like she was? Doubtful. And since they're fabulously wealthy already she can afford to drop that much money on a venture without taking on any investors and retaining 100% of her company.
So I applaud Kylie Jenner for figuring out the business of social media and how to market her brand seemingly without harmfully exploiting anyone (I don't know anything about how her makeup is manufactured however, but I'll give benefit of the doubt with it being safe for the environment and doesn't exploit labor etc). It really is pretty shrewed when many hollywood heiresses don't do anything except party like Paris Hilton. And I'm sure she's a hard worker and disciplined to get all this going. But she's also extremely lucky.
When comparing to a common person and a common person's opportunities this is an extremely depressing case of the rich get richer. How many average, middle class young women have connections to find a makeup producer, or have any presence on social media to market this? Practically zero. Maybe if they worked really hard they could line up some investors and hire some celebs to promote it and follow this kind of model but they wouldn't be able to own the whole business that's for sure.
I guess I get kind of sick about hearing about who guys like Kevin Durant want to move to Oakland area so they can become venture capitalists after the nba. I do not care about celebrities becoming richer off their celebrity status. I tire of the media not just reporting it but glorifying it. I'd much rather read articles about guys like the founder of Dave's killer bread. Look up his story sometime for a good read on a real self made millionaire (although even he had some help from his mom and pop bakery his parents owned but he expanded it). Although he sadly has a lot of personal issues he is dealing with, his success is inspiring.
https://www.theringer.com/2018/2/27/17055800/daves-killer-bread-dave-dahl-feature
https://www.forbes.com/sites/forbes...t-a-900-million-fortune-in-less-than-3-years/
So of course a bunch of people went on twitter to rant about how non-self made she is.
https://www.msn.com/en-us/entertain...naire-on-magazine-cover/ar-AAzXpDK?li=BBnbfcL
I actually agree with them. She was born with a silver spoon in her mouth, a family that's already insanely wealthy with a reality tv show. The article says she invested $250,000 of her own money from modeling gigs. Ok that's cool, but do you think if her family was not omnipresent in the news she would've been "discovered" as a model at like 16 like she was? Doubtful. And since they're fabulously wealthy already she can afford to drop that much money on a venture without taking on any investors and retaining 100% of her company.
So I applaud Kylie Jenner for figuring out the business of social media and how to market her brand seemingly without harmfully exploiting anyone (I don't know anything about how her makeup is manufactured however, but I'll give benefit of the doubt with it being safe for the environment and doesn't exploit labor etc). It really is pretty shrewed when many hollywood heiresses don't do anything except party like Paris Hilton. And I'm sure she's a hard worker and disciplined to get all this going. But she's also extremely lucky.
When comparing to a common person and a common person's opportunities this is an extremely depressing case of the rich get richer. How many average, middle class young women have connections to find a makeup producer, or have any presence on social media to market this? Practically zero. Maybe if they worked really hard they could line up some investors and hire some celebs to promote it and follow this kind of model but they wouldn't be able to own the whole business that's for sure.
I guess I get kind of sick about hearing about who guys like Kevin Durant want to move to Oakland area so they can become venture capitalists after the nba. I do not care about celebrities becoming richer off their celebrity status. I tire of the media not just reporting it but glorifying it. I'd much rather read articles about guys like the founder of Dave's killer bread. Look up his story sometime for a good read on a real self made millionaire (although even he had some help from his mom and pop bakery his parents owned but he expanded it). Although he sadly has a lot of personal issues he is dealing with, his success is inspiring.
https://www.theringer.com/2018/2/27/17055800/daves-killer-bread-dave-dahl-feature