Makeup Boss Pat McGrath Beats Kylie Jenner, Valued At $1 Billion
People stan a true self-made queen.
Legendary makeup artist Pat McGrath's cosmetics company Pat McGrath Labs was just estimated to be worth an icy cool $1 billion, beating Forbes' "youngest-ever self-made billionaire" Kylie Jenner at her own game.
Launching her makeup line in 2015 McGrath's cosmetics creations regularly sell out in the blink of an eye -- stock for her first Gold 001 metallic pigment sold out within minutes of launching online.
Other cult offerings include eyeshadow palettes, lipstick, lipliner and lip gloss, and comes "straight from the lab" with the "lab" no doubt being the exclusive backstage makeup world that McGrath has ruled for over 20 years.
News of McGrath's financial success comes after the business big-shot magazine Forbes selected 20-year-old Jenner -- founder of the $900 million Kylie Cosmetics empire -- as the cover star of their 'America's Women Billionaires' issue.
Praise for the makeup supremo's milestone began rolling in straight away, including cheers from celeb fans like Whoopi Goldberg.
While others were quick to point out the differences between McGrath and Jenner's respective journeys to "self-made success".
Jenner's Forbes cover sparked significant backlash over the magazine's use of the phrase "self-made" considering the was born into one of the most famous -- and wealthy -- families of our times.
While British-born McGrath was not included in Forbes' list as she isn't American, many are still calling out the magazine to draw their attention to a bona fide self-made billionaire.
McGrath's path to success couldn't have been more different to Jenner's. She was raised by a single mother in the very un-glam UK suburb of Northhampton -- it sure ain't Beverly Hills -- and supported herself working a receptionist job while she slowly built her career.
It's no stretch to say that 48-year-old McGrath -- now a makeup industry all-star who's worked with too many high-fashion brands to name -- didn't have the millions Jenner already had on hand to get ahead in the highly competitive cosmetics industry.
It's pretty clear who the true "self-made billionaire" here is, so hats off to McGrath for starting from the bottom and workin' all the way to the top -- Vogue did call her "the most influential make-up artist in the world" for a reason.
Aussie fans of McGrath's wildly popular line can shop her goodies at NET-A-PORTER.
Feature image: Getty.