Forbes named Kylie Jenner the world’s youngest self-made billionaire in March, renewing a heated debate on social media about the meaning of the word self-made. Here is a detailed response explaining how we define and measure self-made.
, we unintentionally set off a heated debate on social media about the meaning of the word “self-made.” The idea that a 21-year-old who grew up on a reality TV show , whose sister is Kim Kardashian, and whose rich and famous parents are Kris and Caitlyn Jenner could be considered self-made, sparked a very public backlash.published a story in which Kylie admitted to having some help building her business. “I can't say I've done it by myself,'' the beauty mogul told the.
Plus there are seven other Facebook billionaires who, one could argue, rode alongside Zuckerberg in building the massive social network, including cofounder Dustin Moskovitz, Zuckeberg's former roommate; cofounder Eduardo Saverin, Zuckerberg's former classmate; Sean Parker, the social network’s first president; Jim Breyer and Peter Thiel, its early investors; and Sheryl Sandberg, Facebook’s chief operating officer since 2008, four years after the company was founded.
While few billionaires have had the type of social media platform that Kylie Jenner had when she launched her business—with 120 million Instagram followers—, every single self-made billionaire onlist has had help building their fortune, be it from other employees at the company they founded, venture capitalists, mentors, friends or parents. Steve Ballmer, for instance, had the good fortune to be one of Bill Gates’ classmates at Harvard, which led to a job at Microsoft.
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