Despite what some critics have had to say,Kris Jennerthinks her daughterKylie Jennercan rightly be called a “self-made” billionaire.
“I think she’s self-made,” the momager, 63, remarked during a recent sit-down withCBS Sunday Morning, which was released on YouTube on Sunday.
“I mean, listen, my girls, you can say that certain things have been handed to them, but it takes a lot of work to do what they’re doing,” she added, sharing that while her daughter may have inherited a large platform because of her last name, “the money she’s made is her own.”
Pointing out that her daughter actually began the company “with her own savings,” Kris shared just how instrumental Kylie was to her own success.
“She put her own blood, sweat and tears into it. It was her idea. It was amazing what she did,” she remarked, adding that her entire family took note.
“She showed the rest of us how to do it,” Kris boasted.
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Earlier this year, the Kylie Cosmetics mogul admitted that while she never “inherited” her fortune, she “can’t say” she became a billionaire all on her own.
But Jenner’s billion-dollar empire also stems from her other earnings like an array of product endorsements (includingsponsored postsfor Fit Tea Wraps, waist trainer company Waist Gang Society and more), herKUWTKpaycheck, the Kendall + Kylie clothing line and her Adidas partnership.
Overall, the businesswoman credits her booming success to the internet (she has over 130 million Instagram followers alone). “It’s the power of social media,” Jenner toldForbes. “I had such a strong reach before I was able to start anything.”
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In February, the reality star also toldPapermagazinethat her parents, Kris andCaitlyn Jenner, had“cut her off” at 15.
“I had such a huge platform, I had so many followers already and I had so many people watching me,” Kylie said, adding that “the self-made thing is true.”
“My parents told me I needed to make my own money, it’s time to learn how to save and spend your own money, stuff like that,” she shared. “What I’m trying to say is I did have a platform, but none of my money is inherited.”
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As seen onKeeping Up with the Kardashians, she stilllived with mom Krisuntil she turned 18, buying a $2.7 million Calabasas mansion in 2015. At the time, Kylie toldInStyleU.K. that Kris had stopped funding her lifestyle three years earlier, though a source told PEOPLE, “getting cut off is more of a technicality.”
“She had a refrigerator full of food and all the luxuries that come with [living with] Mom but unless it was a gift, if she wanted a new Chanel bag, Kylie was the one paying for it,” the source said.
However, Kylie doesn’t feel like anything has changed since becoming a billionaire.
source: people.com
