Jan 05, 2017 09:59 PM EST

Kylie Jenner Slays Forbes’ List With Lip Kit Products; Now Hailed As Second-Richest In The Kardashian Family

By Conan K.

Kylie Jenner, model/businesswoman, reportedly ended 2016 with a tantalizing income of seven digits, which paved the way for her to be included in Forbes list of 30 under 30 in the Retail & E-commerce category. Her famous Kylie lip & makeup Kit product line, which never failed to be fanaticized by women anywhere, is what made her as the second richest in their Kardashian-Jenner clan.

Earning an amount of $18 million, Kylie was ranked second to her half-sister, Kim Kardashian with $51 million last year, as reported by IB Times. Kim’s revenue mostly came from her video game and subscription-based personal app. On one hand, most of the amount that Kylie garnered came from her own makeup line and apparel line, which was collaborated with her supermodel sister, Kendall Jenner.

US Magazine also detailed that the bold young entrepreneur makes an insane amount with her product through a statement by Forbes: "The reality TV star's Kylie Cosmetics line has gone from strength to strength, with each incarnation of her $29 Lip Kits selling out upon release. Sources close to the teenager suggest the glosses did 7 figures in revenues in 2016 alone."

More so, not barely 30 nor close, the 19-year-old businesswoman was entitled as the youngest and the only teenager in the list. Big names along her include "Suicide Squad’s" Margot Robbie, Hilary Duff, Olympic gymnast Simone Biles, YouTuber Tyler Oakley, founder of NYX Cosmetics Toni Ko, Pulitzer Prize journalist Wesley Lowery, Pro Bowler Von Miller, Evan Rachel Wood, and Alden Ehrenreich.

Amid the event, Kylie recently launched a new eyeshadow kit line through an Instagram post. "The Royal Peach Palette", which contains 12 royal shades, a mirror and of course, a makeup is stated to be officially launched on Kylie stores on Jan. 12.

The savvy supermodel thanked Forbes’ through a glamorous Instagram selfie posted below.

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