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The 21-year-old reality star has made it to Forbes Magazine twice this year.
In early July, she was on the cover of the magazine as a woman very close to being the youngest –ever-self-made billionaire. She is worth $900m and is the 100% owner of her beauty company Kylie Cosmetics.
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And now the youngest Kardashian/Jenner sister is the fifth wealthiest celeb in America, tied with business mogul and one of the most acclaimed rappers of all time Jay Z. She is 28 years younger than Jay Z.
What is most inspiring is that Kylie Cosmetics was established only three years ago, and is already worth $800 million (over R11 billion).
The line is so popular that new products sell within minutes of being released.
According to FranchiseHelp, the beauty industry has been booming over the years. it is so strong that it even resists economic downturns.
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The hair care part of the industry is said to be the largest, followed by skin care. We enjoy our beauty products and it shows.
Reigning on number three on the Forbes list is media mogul Oprah Winfrey, who earned most of her wealth from her 25 year run of the Oprah Winfrey Show.
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The queen of talk recently auctioned off the studio chairs used during her popular show, raising $15,250 (R 218 109) for her all-girls school in South Africa.
According to USA Today, her investment in Weight Watchers increased her wealth.
Here’s our list of top richest women in South Africa, and where most of their wealth originates.
Wendy Appelbaum
Wendy Appelbaum is said to be worth R2.6 billion which makes her the richest woman in South Africa. She was named one of Forbes Magazine's 10 female millionaires to watch in Africa.
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She is a director of Victory Strategic Services and of Sphere Holdings, a black empowerment company. She is also a trustee of the Tribune trust among other accomplishments.
Wendy Ackerman
The second wealthiest woman in South Africa is Wendy Ackerman who is estimated to be worth R2.5 billion. Known to be an advocate of environmental conservation issues, she has received humanitarian awards.
She gets her wealth from the Ackerman Family Trust, which is the half owner of the biggest retail establishment in South Africa Pick’n Pay. And "started out as a 'teacher at the English Academy in Soweto, where she taught night school," according to Entrepreneur magazine.
Irene Charnely
Irene Charnley is an acclaimed businesswoman well known and respected in telecoms, particularly in the role she played as Executive Director at Mobile Telephone Network Group; and is said to be worth 1.5 billion, according to Entrepreneur.
She has also served as the Executive Director of Johnnic Communications.
Bridgette Radebe
Bridgette Radebe is a respected businesswoman who has served in a broad range of sectors across the mining industry and commerce.
She is worth R1 billion and is currently spearheading Mmakau Mining, as an executive chairperson. She is also the sister of the third richest man in South Africa Patrice Motsepe.
