IS KYLIE JENNER REALLY "SELF MADE"??

I'm Kylie Jenner, I got a billion dollars. All right guys, so check this out, uh, huge news coming out of Forbes yesterday. This right here, Kylie Jenner on the COVID of Forbes, uh, saying at age— she will be 21, she's 20 years old right now, uh, saying she's worth around $900 million. She's gonna be the youngest ever self-made billionaire. A lot of people are just kind of latching on to the fact that they're calling her a self-made billionaire. I posted on my Facebook page over here A lot of comments, a lot of people saying she's not self-made. I just want to make a point really quickly that one, a lot of people have been born into wealthy families, born into fame. No one's ever done this ever in the history of time. Second point is that a lot of times if you are born into a wealthy family, you're actually at a little bit of a disadvantage in the sense that you're disincentivized. If you look at, you know, Warren Buffett always talks about the lucky sperm club, so There's an article right here, right, where he talks about that and talks about how, you know, kids born into, you know, a huge amount of wealth and stuff, it's like they're not, you know, it's like, why am I gonna work? I don't have to work, you know, I got my check coming from my trust fund or whatever it is. So you can see, you know, inherited wealth is disincentivizing, right? It's like there's no need to work, that sort of thing. So it's like, you know, that's that. So that point, right, so she is born into it. Yes, of course you can get, you know, a seed investment or family will like, you know, front the funds, but then you can also make that same argument you know, for, for anyone. If you read an article today and it was talking about how, you know, Bill Gates, Mark Zuckerberg, Evan Spiegel, like they all came from like upper middle class family. I think, you know, uh, Bill Gates is, um, no, Mark Zuckerberg, his dad was a dentist or something like that, and Bill Gates' dad was like a lawyer. And, you know, they went to like a really nice school. Bill Gates went to one of the nicest schools. It was actually in Malcolm Gladwell's book, um, and in, uh, I think either Outliers or, uh something like that. But basically, um, it talked about how since he came from this really nice family, he went to this really nice school, and he was able to get access to these computers, um, in the basement of the school that he would never have had access to. My point when saying that though is that he, you know, like, you could make the same argument that people are saying for Kylie, like, oh, she was born into fame, she got her followers and clout from like her family and stuff like that. But it's like, you still have to execute, you still have to do something with that. And going back to, you know, and again, Bill Gates, Mark Zuckerberg, they all are like geniuses, right? And they executed. And I You can't take anything away from them. They're like the smartest people in the entire world and they built the biggest companies in the entire world. And I think, I just feel like she did something similar, but she did it fast. That's the other thing, like growth and like growth rate is something that really, really matters in like creating, you know, value and wealth and things like that. So the fact that she did it in like 2 to 3 years, like yeah, she built up her following. And by the way, the other thing to mention is that like, you don't just build the following. Like she had a loyal, engaged fan base that she had to like, have created over time. Like, she has— look at her. Like, look at Rob Kardashian. Like, you can make the same argument. Like, shouldn't Rob be a billionaire too? He doesn't even have an Instagram or followers or anything. It's the same exact situation, but he didn't execute. He didn't, like, you know, have an audience and, like, be able to monetize his audience like she has been able to. And the other thing that I also want to say is that no one else is monetizing their audience like Kylie did right now. And she not only— you know, a lot of times people in this situation, what they would do is they would have their, their fan base, and then they would just do, like, an endorsement deal. Super easy. Or they would just make investment. They would just do silent seed investments, let her money kind of work for her, chill with like Travis Scott and go to like Nobu in Malibu. It's like easy, you make your cash, whatever, a few mil. No, she went like heads down, like I'm gonna own the whole thing, I'm gonna own the product, I'm gonna own the brand, I own the audience. And that's where she made a tremendous amount of value from. And I feel like people that are like, oh, she was just giving it, giving it, giving it, that's not the case. And the other thing that you could say, like, okay, let's say that is the case, she was giving it, right? Let's say she was given $50 million. Who has been able to turn $50 million into a billion dollars in 3 years? No one. So it's like, if you don't want to say she's the best or she's self-made, we're going to say that she's like the best investor ever. Like she's outperforming any hedge fund, any venture capital fund in the face of the earth. So it's like, if you're not going to give her self-made, you got to give her the best investor in the entire world. Those are my thoughts. Anyway, so I don't know if you guys saw this. Just this is like quick plug, quick little plug. Wow, that's in there too. Oh wait, I didn't share it. Yeah, that's in there too. Um, all right, so those are my thoughts on, uh, on Kylie. And, uh, I think you got— I think you got to give her the credit. I think you got to give her the credit.