working mom and makeup mogul. >> i have been dreaming of this moment for way too long. >> reporter: kylie jenner is best known for being reality royalty as part of the kardashian-jenner clan, but she's the break out breadwinner. it's the baby of the family, kylie, who's making the biggest bucks. >> this eye shadow palette is literally my baby. >> reporter: the 21 year old listed on forbes' list of billionaires, ousting mark zuckerberg at youngest one to make the list. >> we're calling it the beauty of her business, pun intended, is basically selling beauty products, via her instagram and social media account. >> reporter: she's created an empire, amassing 175 million followers on social media, launching a cosmetics company worth $900 million, with endorsements, a clothing line and tv royalties, pushing her into billionaire status. forbes' decision to dub kylie self-made created a billionaire backlash. with tweets like, ah, kylie, those days getting up at 5:00 a.m. to deliver the paper in the snow, saving up every nickel, and another one saying can someone explain to me how kylie jenner is self-m

the cologne bowtie as i try to keep up with kylie jenner. in washington. i want to focus today marty, on the elephant in the room which is the polling of the president. this is from a guy who's professional at polls. ofteng the president overstates his support among hispanic voters. trumps the base among them is not huge but it is there. trump 129% of the latino vote. -- 29% of the latino vote. maybe over time the labels will change as they did for many italian voters and republicans will gain more voters. it brings up this do we are all in. marty: there is this conventional wisdom that somehow hispanic voters vote as a block on the liberal side of policies and that is not true. the support donald trump gets from hispanic voters chose that. here?hat do we see michael bloomberg announcing he would step aside yesterday. i want to talk about the remaining democratic people. did they adjust to the core constituency? the narrative now is the democrats are leaning on the left side. the word socialism comes up time and again. what we cannot forget

including look who is driving kylie jenner at the mall. >> kylie forgot her purse and wallet at home. >> you see the power of social media here. >> picking up some unsuspecting passengers. >>> when you go on a safari, this is what you want to see, elephants. the el faephants decided, hey, may be in our way. there's somebody there with a gun. >> yeah. >> this video is taken while the zambia carnivore was doing something. this lioness was caught in a poacher's trap. the vets in the group have gone in to do front line surgery to help her out. but the elephants were probably moving through this area and probably felt these humans were in their way. >> don't shoot. don't shoot. >> oh, no. >> he's like, calm down. wait a minute. >> he's firing shots. it seems mostly to scare the elephants away. >> the elephants do move off. >> could you imagine being a surgeon in the operating room and having to do surgery while looking over your holdshoulde big bruiser. >> they look like they know what they're doing. >> they did. and they finished the job. >>> here you have some wild dogs. something is abo

people won't have the same success as kylie jenner. but kylie jenner, i think she is self-made.p 10, "forbes" top 10 global wealth, seven of the top 10 in the u.s. are in the u.s. all seven are self-made. this country is the best country in the world for creating wealth. bottom 10% of poverty in this country are wealthier than 70% of the rest of the world. they're wealthier tan most of the top 10% of rest of the world. all we hear about income inequality and wealthy are too wealthy. charles: on that note, hal, i think we can generate even more wealth. so ironic in a world where, in this country where we're being pulled towards socialism, where we are pulled towards universal basic income, pulled toward notion of paying people not to work. today we've got a stock up 20% that, you know, people are making a lot of money. they're hiring people, but anyone, how do we articulate to the american public this can be anyone? you don't have to be rich and famous? this could be you, follow your passion and go for it? >> i think we have to have a really positive message out there. we have to

jenner is the sole owner of kylie cosmetics which "forbes" says is worth at least $900 million. the billion-dollar mark when cash that she already has taken from the business is factored in. jenner started the company in 2015. the former youngest billionaire was facebook ceo mark zuckerberg. he became a billionaire when he was 23. >>> the "wall street journal" reports an ex-adidas executive was sentenced to nine months in prison in a basketball bribery case. jim gatto was sentenced for his role in a scheme to bribe the families of top high school basketball players to persuade them to attend adidas-sponsored universities. he was convicted of wire fraud charges in connection with the university of louisville and the university of kansas. adidas was not accused of any wrongdoing. >>> still ahead, a safety warning about make-up. cosmetics at the tween retailer claire's were found to have asbestos. cosmetics at the tween retailer's chairs were found to have asbestos. different direct. talk to your doctor about xeljanz, a pill, not an injection or infusion, for adults with moderate t

some argue that kylie jenner couldn't be self-made because she's riding the coattails of her sister kim who charged the way there. according to "forbes," jenner's company is worth $900 million. and she owns 100% of it. wow. >> really. >> ge stocks sank after ge's ceo larry culp said industrial cash flow will be negative in 2018. that was enough to send stock plunging. ge investors expect smd bed som news. it's a transition year but cash flow wasn't expected to be negative for the entire year. >> to kind of put you on the spot, is kylie jenner self-made? >> look, $900 million is a lot of money. yeah, i'll say yes. >> i'll agree with you there. twitter will disagree with you. >> a rare agreement between dave and i. >>> "early start," we continue right now. >>> first jared, now ivanka, cnn has learned the president overruled officials to get his daughter a security clearance. >> they started doing so many things that they should be doing. they want to play games. >> the white house pushing back on investigations by house democrats. the strategy could involve withholding documents. >>> nort

the billionaires index says kylie jenner has become the youngest elf made billionaire. she is worth just over a billion dollars. global news 24 hours a day, on-air and tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. debra mao int: hong kong. coming up, we speak to nigel wilson, the ceo after the insurer's full-year results. this is bloomberg. ♪ anna: welcome back to the european open. we are 18 minutes from the start of equity trading in london. legaland general group -- and general has reported profits of of analyst estimates. the challenge will be how it squares growth ambition with dividends, which it has raised for the ninth straight year. and general. legal we are joined by the ceo nigel wilson. great to have you on bloomberg tv once again. let me ask about your earnings, when he reported. it looks slightly better than anticipated. what are the positive drivers behind these numbers? nigel: we had an amazing year in terms of pension and annuity business which did 10 billion in volumes last year, mo

the fact that kylie jenner made the forbes list of billionaires at the lowest age ever tells you about power of social media these days it means something can trend and not just do it in a small way, in a regional way. can create a billion dollars worth of valuation in just a couple of years time the power of compounding usually, you need a couple of decades to play out. power of social media is like compounding on steroids. that does it for "the exchange." time to join tyler for "power lunch" which begins right now. >> nice phrase, the power of social media it's on steroids >>> thanks, kelly. see you in a moment. i'm tyler mathisen right now at 2:00, shares of general electric are tumbling this hour after comments from its ceo, to analysts, the details of that straight ahead and more troubles for the one time most valuable company in the world. china slashing its growth targets and warning about a hard struggle ahead is it time to sell out of stocks and bet on bonds plus, a cure for hiv major breakthrough in the aids epidemic that has biotech buzzing. and the real read on real estate,

to be fair, kylie jenner was hardly extremely canny businesswoman. rich and there is really rich. kylie jana's introduction to being a billionaire, it is something that has shocked all of us and it is really something, we call her the first selfie billionaire and it really speaks to the way the people can make businesses these days —— jenner. i had grown to show you how i get ready on tour, so keep watching. i will use this really pretty pink. she made her business through regular appearances on instagram, twitter and youtube. with a relatively small staff, kylie cosmetics sold more than $360 million of make up last year a loan. —— alone. that means she has become a billionaire two years faster than the previous record holder, mark butler a burglar had to wake to the grand old age of 23. she is somewhere off the top spot forbes's rich list. that position is held by amazon founder geoff baker two is worth $131 billion. kylie is not complaining, though. she told the mac in —— magazine the recognition feels really good, a nice pat on the back. with the c

it became official today, believe it or not, kylie jenner is the youngest self-made billionaire withat possible? >> take it up with the folks at "forbes." they have it. she is 21 years old. how is it possible? she owns 100% of her own company, kiley cosmetics. she reached the record faster than mark zuckerberg who was youngest ever. he was 23. she is 21. there is argument online, what a self-made billionaire is. melissa: because their mom did it? >> no, never thought i would be the defender of kylie jenner, but she owns 100% of this company and start i had. all right. melissa: depends if it is your idea and business plan and model i guess. she owns it so there are technically it counts. it is amazing. connell: is that crazy? she is 21. melissa: it is crazy. it is "forbes," so it is true. they're really good calculating, to a lot of people's chagrin able to know about what you're worth. i talked to a lot of people when they're trying to stay low profile unlike kylie jenner who is not staying low profile. connell: not an issue. melissa: ruling out 2020 run, michael bloomberg decides he

. >>> big news for kylie jenner, this morning named the youngest self-made billionaire ever.rsy behind that honor. >>> and then joanna and j.lo, inside the fixer upper star's major renovation project. >>> and next, a firsthand account of that miracle rescue of two little sisters lost in of two little sisters lost in the california and then the people go inside. do you understand charlie? mom? yeah? can i have a peanut butter sandwich? yeah, you sure can. can charlie have one, too? charlie can have one too. ♪ ♪ and one for charlie. (gasp) look mom! charlie took a bite. (with full mouth) unbelievable. feed his imagination, with the fresh roasted peanut taste he loves. where there's jif, there's love. with the fresh roasted peanut taste he loves. emreplenished,d, fortified. emerge everyday with emergen-c. packed with b vitamins, electrolytes, antioxidants, plus more vitamin c than 10 oranges. why not feel this good every day? emerge and see. here is another laundry hack from home made simple. do you want ready to wear clothing without all the hassle? you can, with bounce dryer s

. >>> still ahead on the show, call it the kylie jenner effect. why shares of ulta beauty are sitting pretty this morning. we'll explain ahead. plus, gearing up for an ipo. new details on uber's highly anticipated public debut stick with us. worldwide exchange on cnbc will be right back. no more lugging your clubs through the airport or risk having your clubs lost or damaged by the airlines. sending your own clubs ahead with shipsticks.com makes it fast & easy to get to your golf destination. with just a few clicks or a phone call, we'll pick up and deliver your clubs on-time, guaranteed, for as low as $39.99. shipsticks.com saves you time and money. make it simple. make it ship sticks. >> we a can't miss interview coming up later on this morning. wells fargo ceo tim sloan sitting down with cnbc be sure to catch that interview 8:45 a.m. eastern time on "squawk box. again, a must see interview there. >>> let's get a check on some of the big stock moves of this morning so far oracle lower today the company's third quarter earnings and revenue narrow

i asked her how kylie jenner has done it.keeping up with the kardashians. for those who are not experts on the kardashian—jenner relationship, she's part of that clan. and she had 110 million instagram followers about six months ago. she's got even more now. she has a very shoestring company, she outsources production of her cosmetics, she uses her instagram and other social media to, essentially, do all the marketing and she takes beautiful pictures and puts them online, and young buyers of cosmetics flock to her products. she's done brilliantly well in financial terms, you can't begrudge her or deny her, obviously, and she's been a very adept businesswoman, she's really leveraged this brand. but you know, a whole load of people are taking exception on social media to the term you use, "self—made". she built on the royalties from the tv show that her family started, and she was still a child then. the money and the connections were already there, weren't they? i'm just looking at — one person on twitter has said, "congrats t

for kylie jenner, that's life. 21-year-old was named the word's youngest self-made billionaire by ""forbes," breaking a record briefly set by a 23-year-old mark zuckerberg. kylie has a company, and kylie owns 100% of her company, and she's got $100 million in cash made from the company's profits per season for "keeping up with the kardashians." her title isn't without controversy, though. many are saying her family is responsible for a lot of her money. merriam-webster saying -- well, self-made is spiking. people need clarification on what it means to be self made. dictionary.com throwing some shade, tweeting, haven't we gone over this? self-made, having succeeded in life, unaided. kylie said she built her empire using social media with 128 million social media followers, it's no wonder kylie cosmetics has grown since its inception in 2015 when it only sold three different lip kits. an achievement for somebody so young, but even with the billionaire status, kylie only ranks 257th on "forbes" list of richest people.

ah, kylie jenner, those days getting up at 5:00 a.m.nickel and this one, can someone please explain to he how kylie jenner is self-made? hard working, sure, but certainly not self-made. "forbes" says they define self-made as any person who bills her own fortune and didn't inherit the money but dictionary.com begs to differ. weighing into the fray with, haven't we gone over this? self-made, having succeeded in life unaided. critics say when she launched her makeup line in 2015, she was already a multimillionaire several times over thanks to the omnipresent presence of the family. but jenner's defenders are quick to point that kylie cosmetics was started with her own money from modeling. kylie's fans say she may have been born into a wealthy family but her net worth now exceeds every other kardashian and jenner. she may have had a few million but she made the rest of her billion by herself. >> no one does anything by themselves. >> everyone gets a hand along the way. >> you call me a billionaire, i don't care how i got it. >> she's still

at age 21 --- kylie jenner has been named the youngest- ever...ionaire by forbes magazine. forbes estimates jenner's - kylie cosmetics- is worth at least 900- million dollars. and she owns it all. she hits the billion dollar mark when you add in cash she has already pulled from the profitable business. some have wondered about the 'self- made' title... since her family is rich and famous. and her mom helped build her business. but forbes says, as long as she did not inherit a business or money, she is labeled self-made. (catherine) dictionary dot com is taking issue with the fact that forbes is describing kylie jenner as the youngest "self-made" billionaire ever. they tweeted --- saying "haven't we gone over this" pointing out with obvious sarcasm --- "self-made : having succeeded in life unaided"??? (catherine) it's the last day of carnival season, and the people celebrating fat tuesdayare not showing any signs of party fatigue.(pam) omar jimenez is on bourbon street in new orleans .... where the mardi gras celebration is still in full swing til

kylie jenner puts my rich and then there is really rich.businesses these days. i am going to show you how i get ready on twitter, so keep watching. i am going to use this really pretty pink. she made her business through regular appearances on instagram, twitter and youtube. with a relatively small staff kylie cosmetics sold more than $360 million worth of make—up last year alone. that means she has become a billionaire two yes faster than the previous record holder, mark zuckerberg. he had to wait until the grand old age of 23. but she is some way off the top spot, that position is held by amazon founderjeff bizos, who is worth $131 billion. kylie is not complaining, she told the magazine the recognition feels really good, nice pat on the back. the recognition feels really good, nice pat on the back. today is bbc young reporter news day. it s a day when the bbc works with hundreds of young people, giving them the chance to get involved in skills workshops and training, as well as opportunities to tell their own stories. 16—year—old jake ha

kylie jenner has become and is key to the company's future.gest self—made billionaire, according to forbes billionaires list, the youngest member of the kardashian family made her fortune from her bestselling cosmetics business. the 21—year—old founded and owns kylie's cosmetics, which generated estimated $360 million us in sales last year. wow, 21—year—old billionaire! i wonder when we are going to reach that mark. all right, moving onto the markets. let's look at the asia pacific equity markets. currently, the neck a 225 down 150 points, but the neck a 225 down 150 points, but the all ordinary index gaining 36 —— nikkei. and the hang seng hasjust opened. thank you so much. i'm rico hizon. sport today is coming up next. this is bbc news. the top stories this hour: china's premier announces tax cuts to prop up the economy as he warns of a tough struggle in the year ahead. will wi ll carlos will carlos ghosn be going home? we are watching this jail in tokyo after the ex— nissan boss was granted bail. amber rudd, the work and pensions secretary,

the ceo cited the popularity of kylie jenner's kylie cosmetics. ulta 3% to $338.41. >>> michael polk will retire at the ending of the second quarter. during his 10 totenure, the houd group company had been accused oftrategic missteps and the company agreed to give them board seats and accelerate a turn-around plan. newell was up a fraction today to $15.56. >>> time for this week's market monitor. r guest has names of companies that he says could benefit from policy and regulation changes in washington. this is his o first timethe program. we welcome ben phillips. he's chief a investment officer eventshares. ben, good to see you. thanks for joining>>s tonight. hank you, bill. >> the first one has to do with the possibility of any infrastructure plans that may come out of washington, and you've chosen a company that might ben fefit from that, righ? >> that's right, gran it construction,gva. we like the management team. he60% of revenue comes from infrastructure spending for the most part. usually it's l by the states. one fun fact for you. 29 states

let us talk about kylie jenner. i don't know if you are a fan. she has made a lot of money.self—made billionaire, forbes. forbes have been quizzed on this, can she be described that way because of family money? there is debate about that. whatever we think about it she is worth a heck of a lot, as are many young people who are climbing onto this, and it is due to social media, these influences, have got billions and billions of instagram followers and billions of instagram followers and are promoting followers and making money. she has been on tv since she was a child through the kardashians programme. she has not sold out her company. it is entirely owned by her. the management is done by her mother, who takes a 10% cut of all of her children's businesses, which is an interesting family business model. she has gone direct to consumer via social media. and it works in this sector. it says that the key people are buying a product 18-24. she the key people are buying a product 18—24. she has managed use her celebrity, herfame, 18—24. she has managed use her celebrity, her fame

(grant) and kylie jenner is making headlines today... but it doesn't have to do with the drama her family faces. the new title she just received. (vicki) and taking a look at stormtracker 4 radar as the rain is starting to pick up around the bay area. we will have more coverage with chief meteorologist lawrence karnow in just a few minutes. my gums are irritated. i don't have to worry about that, do i? actually, you do. harmful bacteria lurk just below the gum line. new crest gum detoxify works below the gum line to neutralize harmful plaque bacteria and help reverse early gum damage. gum detoxify, from crest. my dbut now, i take used tometamucil every day.sh so i feel lighter. try metamucil, and begin to feel what lighter feels like. you know her from reality show "keeping up with her make now the youngest "self made" billionaire in the world. (vicki) forbes released its annual list today. the 21-year-old is part of the wealthy kardashian-jenner family. she has her own make-up brand 'kylie cosmetics' and an estimated fortune of one-bill

kylie jenner takes the title at 21 years old. she dethrones mark zuckerberg.ome argue jenner can be self-made. she comes from a wealthy family. she's on the coattails of her wealthy sister kim kardashian west. kylie jenner's owns 100% of her company. >>> 19 million views for the trailer the final season of "game of thrones" on youtube. no spoilers here. while you were sleeping, stephen colbert used this trailer as inspiration. ♪ >> they're coming. 81 document requests in the expanding trump probe. ♪ a daring attack launched by house dems. this spring. brace yourself. subpoenas are coming. ♪ shame of thrones, the final season. >> yeah, shame of thrones. >> dave, you have like seven seasons to catch up on. >> i've not seen a single episode. >> thanks for joining us, i'm christine romans. >> i'm dave briggs. it starts >>> the president had no involvement pertaining to my clearance. >> president trump pressured john kelly to grant his daughter security clearance against recommendations. >> when you cannot get information, you cannot be a check. it's not some witch

. >>> backlash over kylie jenner's new title. is the billionaire makeup mogul really self-made? how forbes is defending that. >> announcer: the abc 7 storm impact scale. today satisfies storm is level 2. that means moderate. drive safely. track the storm any time on >>> never more than 7 minutes away. i'm in the south bay. south of 280. 82 and 101, the streets populate automatically. access road. that's pretty need neat. this is in alum rock any minute in the east foothills in two minutes. mears a look at concerns. very high for flooding on the roads. moderate, above 1,000 fee. through tomorrow morning, our best chance of rain is outside of the north bay. that will continue up until is storm isght. alexis? >>> we're looking at a busy bay bridge toll plaza. the metering lights on at 4:51 this morning. extremely early start. that was due to an earlier crash in treasure island. that is long dpon. definitely have a backup into the maze unless you use the carpool lanes. flipping over, improvement in oakland. westbound 580 around lakeshore avenue. we had a two-vehicle collision. had t

they have the perfect confluence of twitter and instagram when kylie jenner launches her products, youest in her but you can invest in ulta which has the best chance to replenish a product line that was sold out this quarter. who knows how much ulta could have they made had they enough kylie jenner inventory finally they're not throwing up new stores like crazy. companies going to 80 locations only a nearly 7% increase on top of that 1,174 stores i mentioned but they're renegotiating for new leases i think they might have saved a lot of money that's helping the company expand their margins as is their fast fulfillment system built to meet just the demand from e-commerce i know it hit an all-time high last week but it's pulling back here it's down nearly 8 bucks today and betting it will become a costco-style flywheel because as it goes higher i expect it to attract more ad heerns as a retailer they have check every box which is why i think it's worth buying into the decline the retailers may have over the next couple of days stick with cramer. your brain is an amazing thing. but as you

steve: forbes magazine have named kylie jenner a self-made billionaire.tion of wealth. something the democratic party pushes day in and day out. ♪ let me noe let me know. steve: did you know you can become a billionaire by selling makeup? ainsley: what are we doing wrong? pete: steve. ainsley: lip gloss does it. pete: you need millions of followers. ainsley: and a family with a reality show. pete: highly advantaged and self-made at the same time. which is exactly what she got. ainsley: i think we are all doing just fine. i'm happy with my life. steve: people are steamed that she is talking about being self-made risen to the billionaire status. we will explain that in that block. ainsley: show them the headline of the "new york post" this morning. did you it in the first hour. breaking point. that takes us to our top story. there is a crisis down at the southern border reaching that breaking point like the newspaper says. pete: brand new numbers from the customs show brand new numbers of illegal immigration into the u.s. 76,000 people trying to cross our b

. >> maybe bought by kylie jenner now the youngest self-made billionaire ever. 21 -year-old jenner launcher cosmetic line in 2016 which is reportedly worth at least $900 million. forbes estimates her total wealth that $1 billion. she took the record from facebook founder mark zuckerberg, 23 when he became a billionaire. >>> she could buy a couple of those. >>> the team usually has 16 dogs the ended up with an extra. have a stray managed to keep up with the iditarod for nearly 30 miles. . >>> a stunning site in oregon. a herd of about 700 elk crossing the road on sunday. video from the oregon department of fish and that would be the wildlife part of a job. state official the month has been morchallenging for the animals because of heavier snowfall and freezing temperatures. >>> one dog in alaska wasn't going to pass up a chance of having fun. in the iditarod sled dog race. the dog lives at a lodge of fingerlike which happened to be one of the checkpoints. when the teams came by, it jumped in and joined pete kaiser and ryan redington's group. that it ran 30 miles overnight. the dog was then f

kylie jenner is the world's youngest billionaire, appearing on the list for the first tim at 21.she's worth $1 billion, thanks to her popular cosmetics brand. >> who would have thought she would have been the first to hit billion. >> wow. some drama moments at sea. two different incidents involving cruise ships. one, a wind gust so powerful it left passengers injured. and in another, a ship rushing to passengers injured in a plana sh. >> reporte >> it came out of nowhere. what was that? >> reporter: the massive ship began to tip just hours a leaving new york city on sunday. belted by what the company describes as anxtreme gust of wind. hurricane force at 115 miles an hour. norwegian cruises confirmed that several gues and crew were treated by the medical staff for minor injuries. >> people were crying. yeah, it was a traumatic experience. >> all of these chairs were over here. >> reporter: and while there wae so interior damage, the ship itself remained fully operational, according to the company.a meanwhile different cruise ship helped others in trouble. the u.s. coast guard ask

i have no service. >>> keeping up with the billionaires, the hry that kylie jenner is making today.e 50 and older at average risk. i think it's time for a new screen. for a different kind of screen... for colon cancer. thought about it? his wife asked about screening options and her doctor ordered me. i'm cologuard, the noninvasive test you use at home. no special drink. just a trip to the bathroom! cologuard. colon cancer screening that's as easy as get, go, gone. cologuard is not right for everyone, so ask your doctor if it's right for you. cologuard is not right for everyone, ♪ ♪ i never count trthe wrinkles.s. and i don't add up the years. but what i do count on, is staying happy and healthy. so, i add protein, vitamins and minerals to my diet with boost®. boost® high protein nutritional drink has 20 grams of protein, along with 26 essential vitamins and minerals your body needs. all with guaranteed great taste. the upside- i'm just getting started. boost® high protein be up for life. ♪ you guys hungry? ♪ ♪ ♪ we're finally going on the trip i've been promising. because with expe

kylie jenner is a billionaire. >> whoa. >> the 21-year-old is the youngest self-made billionaire of alle according to "forbes," and they are very legit. how much were you worth at 21? >> you really want to know? like $2 and a box of paper clips really. >> that much? that's more than i kylie made her fortune with her makeup company she founded less than four years ago. >> that's crazy. kylie is a billionaire now, but she is not part of another elite hollywood group. >>> i am talking about stars with massive back tattoos. >> like halle? >> look who we found in the club. >> i'm in my warrior mode this year. >> now she has warrior inck. the caption, who says i'm not a mermaid? her fans went gaga. halle follows newly single mother monster making her mark along the spine with a nod to her "a star is born" role. but the biggest, boldest star back tat? got to be ben.shoulder. >> i have never seen representation of it in the media. but diplomatic damon never broke the bestie code. >> it's not one man's job to tell him what he can do to his back. >> nick cannon had to cover up back there. ♪ after

kylie jenner is officially the youngest self-made billionaire of all time ... at age 21.vertakes facebook's mark zuckerberg, who previously held the title when he made his first billion at age 23 ... back in 2008. according to forbes, jenner banked her success due to her very popular makeup line. ( james ) still ahead ... checking the markets this morning... winners and losers is next winners and losers is next with our financial expert rob black. ( james ) and an oakland assemblyman wants to give students another year of free community college. we'll have the details on proposal. ( james ) plus ... with more rain on the way... people in guerneville are now dealing with more problems following last week's floods. ( james ) as we head to break...here's a look at radar as rain moves into the bay john will have here is another laundry hack from home made simple. do you want ready to wear clothing without all the hassle? you can, with bounce dryer sheets. simply toss two sheets in the dryer to iron less. we dried one shirt without bounce, and an identical shirt using bounce.

george clooney for instance two hundred thirty nine million dollars a year and reality show star kylie jenner earns one hundred sixty six million but what exactly is their achievement. want to they contribute in social or economic terms. and what about captains of industry is their work truly worth the huge sums they receive bill mcdermott took in twenty one million euros in twenty seventeen he's the c.e.o. of software company s.a.p and the top earner among heads of germany's blue chip companies so does that mean that mcdermott put in a foreign times more work than a factory labor. didn't help a thousand more people than a new us. who says we're paid what we're worth. but for many today the idea of meritocracy seems a myth belief between our performance our effort and our award seems hazy at best ordinary working people can't compete. those who require greatest rewards are often those who need it the least. rewards often seem entirely arbitrary say when someone grows rich due to a shift in the market or a passing internet craze. when hard work doesn't pay when work no longer seems worth it di

average net worth was $4 billion. 1450 of the billionaires are self made. 252 are women, incding kylie jenner, who is now the world's youngest self-made billionaire at the tender age of>21. he took the title from mark zuckerberg who became a llionaire when he was 23 years old. >>> and that will dot for "nightly business report" m sue herera. we want to rinding you this is the time of year your public television station thanks you for your support. >> we d thank you for that support. have a great evening. we'll . >> this is "bbc world news america." funding of this presentation is made possible by the freeman foundation, and kovler foundation, pursuing solutions for america's neglected needs. >> wow, that is unbelievable. ♪ >> i'm flying! ♪ s >>y curious. ♪

. >> speaking of wealthy women, we celebrity kylie jenner became the youngest self made billionaire ever. she's 21. forbes estimates her net worth an even $1 billion. >> a lot of chatter about whether or not she's self there's that debate. >>> president trumpstimated fortune remained flat at $3.1 billion, coming in at 5th o the list of the world's biggest earners. >>> billionaires likely had eir eyes on the auto world. the show in switzerland. french car makerve bugatti ed the world's most expensive car. >> how many do you think chuck has in his garage? >> this is $17 million. it's super car. >> just one. just one then. t> they call it the black car. >> that's all needs. >> one of several super cars on display. other luxury brands exhibiting include porsche and bentley. >> porsche? >> what isit, chuck? >> porsche. >> billionaires because they have nothing else to do with their money, buy 17 million dollarcars? >> we'll never know. >> we will never know. >>> 4:56 right now. we're just getting started here on news 4 today. next at 5:00 a.m., a reunion we've all been waiting for. >> warms m

kylie jenner has become the world's youngest self—made billionaire — according to forbes magazine.'s long—running reality show keeping up with the kardashians. that's all for now — stay with bbc world news. hello there. all our weather is going to be coming in from the west over the next few days. there is a really strong jet stream tracking right the way across the atlantic and that picks up areas of cloud. this one will arrive on friday to bring some rain. this one here has already brought some rain across most of the uk. those weather fronts are taking the rain further north into scotland. we are seeing some strong winds, especially in wales and the south—west of england. it has been another called night across northern scotland, a touch of frost even by the morning. much milder elsewhere, but very windy, especially in wales and south—west england. gusty winds will continue with these bands of showers. we have got the winter weather getting stuck across scotland and northern ireland, not just rain across scotland and northern ireland, notjust rain is no way the high ground. let

. >>> and forbes magazine tonight making it official, naming 21-year-old kylie jenner the world's youngestself-made billionaire. her makeup company alone worth more than $900 million. >>> when we come back, news coming in on the animals, the pets, who went through that disaster, too. bill's back needed a afvacation from his vacation. an amusement park... so he stepped on the dr. scholl's kiosk. it recommends our best custom fit orthotic to relieve foot, knee, or lower back pain. so you can move more. dr. scholl's. born to move. but prevagen helps your brain with an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. healthier brain. better life. ♪ ♪ i can do more to lower my a1c. because my body can still make its own insulin. and i take trulicity once a week to activate my body to release it, like it's supposed to. trulicity is not insulin. it starts acting in my body from the first dose and continues to work when i need it, 24/7. trulicity is an injection to improve blood sugar in adults with type 2 diabete

kylie jenner, who has more than 120 million followers on social media, has made her fortune from herfamily‘s long—running reality show, keeping up with the kardashians. football, and tottenham hotspur are heading into the quarterfinals of the champions' league. they went into the second leg of their tie against borussia dortmund in germany tonight leading by 3—0, as our correspondent joe wilson reports. singing: you'll never walk alone... football is an international language. dortmund supporters recited an american song made famous on merseyside. while their fans might rate themselves second to none, their team began 3—0 down. tottenham had been so good in the first leg of this tie theyjust needed to keep dortmund out tonight. here came the yellow shirts, but look out forjan vertonghen arriving. . .there. in defence, timing is everything. and he cleared the ball too. every spurs player was on maximum alert. now the goalkeeper, hugo lloris, at his best. and there was one player spurs had back in their attack. one man dortmund left in the space. he's taken it! one goal from harry kane

kylie jenner has become the world's youngest self—made billionaire at the age of 21.h list published each year by financial magazine — forbes. she founded her beauty products company, kylie cosmetics, just three years ago. a warning — there's some flash photography in this report from tim allman. # she works hard for the money # so hard for it, honey # she works hard for the money, so you better treat her right... she is a social media phenomenon, but it turns out she is also an extremely canny businesswoman. to be fair, kyliejenner was hardly a pauper to begin with, but there's rich and then there's really rich. kyliejenner‘s introduction to being a billionaire, it is something that has shocked all of us and it's really something — we call her the first selfie billionaire and it really speaks to the way the people can make businesses these days. hey, guys. so, i'm gonna show you how i get ready on tour, so keep watching. i'm going to use this really pretty pink. she made her business through regular appearances on instagram, twitter and youtube. with a relatively sma

one eight point seven trillion the youngest of the kardashian clan kylie jenner has become the youngest self made billionaire i just twenty one years old good for her thank you for that kate moody there. well that's it from us but do you stay with us more news coming up shortly amy: from pacifica, this is democracy now! >> the u.s. has been conducting airstrikes in somalia since 2007 i believe. they have almost trump old -- tripled since donald trump took office. amy: the trump administration's rapidly escalating a secret air war in somalia. atea

you asked about the kylie jenner launch it's been fantastic. partner for us we launched her line we're the first brick and mortar distribution for kylie, exclusive. we're thrilled with how the launch has gone. she's got a few instagram followers, like 129 million, so she's a great influencer but there's many brands that did very well last quarter i think the most important is it shows that, you know, for us for beauty, it is important to be both in a physical environment where people can touch and feel and experience a brand as well as online. >> let's talk about the retail picture overall. it's been a rockier picture for a lot of places. ulta and beauty have stood out for all of that. why has your industry and your stores, why have they been able to fend off what so many other retailers have struggled with? >> i think last quarter is a great example. we had great traffic to our stores, strong growth online and services business. it really is because beauty we think at ulta beauty we bring it together in a way nobody else does it's a great way

so i think as these influencers build businesses on their brands, taking kylie jenner with kylie cosmetics00 million -- it is huge volume -- value in personal branding. we see more success and it will be more difficult to suffer -- separate what is native and what is sponsored. emily: the goal of advertising is you want the ad to look as native as possible. youtube to give a statement saying youtube content creators are responsible for making sure they comply with laws. does, we will take action. it is blaming somebody else. how can they trust the content creators are going to abide by the rules? mark: the ftc did come down on musically, and app that was fined -- musically, an app that was fined. google is almost immune. it is a curse, and it is also their greatest strength. they have very few to no competitors now. that could be changing with apple jumping in and netflix, being more aggressive about kids content. emily: it is different though. will those platforms be a threat to youtube? >> i don't see netflix as a threat. when we talk about influencers, it is more on instagram side, whet

kylie jenner has become the world's youngest self—made billionaire at the age of 21.h year by financial magazine, forbes. she founded her beauty products company, kylie cosmetics, just three years ago. kerry dolan is assistant managing editor at forbes. kerry, i know, you're one of the two editors who compile the billionaires list. how has kylie done it exactly? well, she did it her own way, she started out being famous because of course she was on that tv show, keeping up with a kaddish ian. she had 110 million instagram followers about six months ago —— kardashians. she has a very shoestring company, she outsources production about cosmetics, she uses her instagram and other social media to essentially do all the marketing and she takes beautiful pictures, put them online and young buyers of cosmetics flocked to her products. she has done brilliantly well in financial terms, you cannot begrudge her or deny her, and she has been a very adept businesswoman, she has really leveraged its brand. people are taking exception on social media to the term self made. she built

kylie jenner, she is the youngest billionaire ever. 21.own for while she was going to be the first instagram billion and, so her age is relevant but actually, it is the fact that she has made pretty much all this money, people who are called influencers and they basically are people who pushed off on instagram. she is now a billionaire, it is nothing to do with the kardashians, obviously it is because of all their fame and all that, some of the other kardashians have 50 million, it is nothing compared to... kim kardashian has got about 50 million, she has got about a billion. it is not even the same all park. —— ballpark. and it is because of instagram. we have got to end it here. thank you for that. bye. good evening. here's your latest sports news. tottenham are safely through to the last eight of the champions league but holders real madrid have made a shock exit. the spanish giants have won the trophy for the last three years in a row but have struggled this season and their defeat at home to ajax may offer spurs the chance to advance