{"id":4274,"date":"2020-02-22T16:36:00","date_gmt":"2020-02-22T11:06:00","guid":{"rendered":"https:\/\/pitch.link\/blog\/?p=4274"},"modified":"2020-03-07T16:41:00","modified_gmt":"2020-03-07T11:11:00","slug":"the-youngest-self-made-billionaire-ever","status":"publish","type":"post","link":"https:\/\/pitch.link\/blog\/the-youngest-self-made-billionaire-ever\/","title":{"rendered":"The Youngest (Self made) Billionaire ever"},"content":{"rendered":"\n

That\u2019s right. Earlier than Bill, earlier than Marc, she is undoubtedly a child of the technology era. Yet she has nothing to do with tech. <\/p>\n\n\n\n\n\n\n\n

\"\"<\/figure><\/div>\n\n\n\n

This is a fascinating story of a 18 year old who leveraged her 175m followers between instagram, twitter and snapchat to build a LipKit line and a cosmetics giant – that\u2019s Kylie Jenner. The key according to the July’18 article in Forbes by Natalie Robehmed<\/a> was that, she ran an ultra light organisation. As she became a billionaire, 3 years down the line, with $300m ARR she had only 7 full time and 5 part-time employees. Everything else was outsourced – manufacturing to a private label producer in Oxnard, California, Sales and Fulfillment to, who else, Shopify. Finance and PR is outsourced to her mother Kris Jenner for a 10% management fee. Kylie paid her mother $17mn in 2018 according to the article. <\/p>\n\n\n\n

You can take away what you will but read this just to get a sense of possibilities that exist in the real world. Even if you are not part of the K clan! <\/p>\n\n\n\n

And that you need to keep the organisation light. <\/p>\n\n\n\n

Where I learnt this #419 <\/p>\n\n\n\n

How 20-Year-Old Kylie Jenner Built A $900 Million Fortune In Less Than 3 Years <\/p>\n\n\n\n

https:\/\/www.forbes.com\/sites\/forbesdigitalcovers\/2018\/07\/11\/how-20-year-old-kylie-jenner-built-a-900-million-fortune-in-less-than-3-years\/#5ca1b092aa62<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

That\u2019s right. Earlier than Bill, earlier than Marc, she is undoubtedly a child of the technology era. Yet she has nothing to do with tech.<\/p>\n<\/p>

Continue Reading<\/span><\/i><\/a><\/div>","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"inline_featured_image":false,"ub_ctt_via":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[69,245],"tags":[70,81],"class_list":["post-4274","post","type-post","status-publish","format-standard","hentry","category-what-i-learnt-today","category-founders-story","tag-alwayslearning","tag-startups"],"aioseo_notices":[],"featured_image_src":null,"author_info":{"display_name":"Subhanjan Sarkar","author_link":"https:\/\/pitch.link\/blog\/author\/subhanjan\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paX7jg-16W","_links":{"self":[{"href":"https:\/\/pitch.link\/blog\/wp-json\/wp\/v2\/posts\/4274"}],"collection":[{"href":"https:\/\/pitch.link\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pitch.link\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pitch.link\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/pitch.link\/blog\/wp-json\/wp\/v2\/comments?post=4274"}],"version-history":[{"count":0,"href":"https:\/\/pitch.link\/blog\/wp-json\/wp\/v2\/posts\/4274\/revisions"}],"wp:attachment":[{"href":"https:\/\/pitch.link\/blog\/wp-json\/wp\/v2\/media?parent=4274"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pitch.link\/blog\/wp-json\/wp\/v2\/categories?post=4274"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pitch.link\/blog\/wp-json\/wp\/v2\/tags?post=4274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}