Forbe’s has released its annual billionaires list and Kylie Jenner was named youngest ‘self-made’ billionaire.

Kylie Jenner is a beauty mogul and this is the second time in a row she is named youngest ‘self made’ billionaire.

The mother of one unseated Facebook’s Mark Zuckerberg, 35, as the youngest-ever self-made billionaire in 2019.

She retained her position after she sold off 51% of her Kylie Cosmetics brand to beauty brand Coty Inc. for $600 million.

The deal closed in January, meaning her business is now valued at around $1.2 billion.

She still solely owns the other 49 percent stake.

Forbes  addressed the controversy that surrounds the title ‘self-made’.

This is after people argued that Kylie came from an already privileged background.

Forbe wrote : ‘ Yes, self-made (despite a lot of help from her famous family, she didn’t inherit her business—she built it). And yes, billionaire (she’s worth $1 billion).

See complete list of the youngest billionaires in the world. 

1. Kylie Jenner, 22

Net worth: $1billion

Source of wealth: Cosmetics

2. Alexandra Andresen, 23

Net worth: $1.2billion

Source of wealth : Investment firm

3. Katharina Andresen, 24

Net worth: $1.1billion

Source of wealth: Investment firm

4. Gustav Magnar Witzoe, 26

Net worth: $2.6billion

Source of wealth: Fish farming

5. Elizabeth Furtwaenger, 28

Net worth: $1.2billion

Source of wealth: Publishing

6. Jonathan Kwok, 28

Net worth: $2billion

Source of wealth: Real estate

7. John Collison, 29

Net worth: $3.2million

Source of wealth: Stripe

8. Evan Spiegel, 29

Net worth: $1.9billion

Source of income: Snap

9. Pedro De Godoy Bueno, 29

Net worth: $1.1 billion

Source of wealth: Diagnostic services

10. Lisa Draexlmaier, 29