One of the youngest members of the Kardashian-Jenner dynasty is also now one of the richest, according to Forbes' 2017 "30 Under 30" list. The business magazine announced Tuesday that Kylie Jenner's net worth has increased considerably over the past 12 months, and is now the second-richest in her family behind Kim Kardashian-West.

Kylie appears within the "Retail and E-Commerce" section of the list, with the entry citing the success of both her cosmetics brand, Kylie Cosmetics, as well as her clothing line with her sister, Kendall Jenner.

"The reality TV star's Kylie Cosmetics line has gone from strength to strength, with each incarnation of her $29 Lip Kits selling out upon release," Forbes writes. "Sources close to the teenager suggest the glosses did seven figures in revenues in 2016 alone. Jenner also puts her name to an apparel line, alongside model sister Kendall."

"Per Forbes' estimates, she's the second-highest annual earner overall in her family, after half-sister Kim Kardashian," the publication continued.

Back in November, Forbes estimated that Kim earned $51 million last year, while Kylie raked in $18 million — so she still has quite some way to go until she can topple her older half-sister.

Meanwhile, in other news, Floyd Mayweather is training Soulja Boy for his fight with Chris Brown.

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