Kylie Jenner fires back at Forbes after her billionaire crown slips off

01 Juin, 2020, 06:00 | Auteur: Christine Menetries
  • Kylie Jenner

The business magazine claimed the Kylie Cosmetics founder "inflated the size and success of her business for years" and determined she's not a billionaire.

Kylie made it to the limelight after being a part of "Keeping Up with The Kardashians" a reality show which also featured he siblings and her mother.

Kris and Kylie Jenner fear a Forbes exposé article on Kylie's cosmetics company could tarnish the family's reputation and the brand that Kris Jenner spent years building, an anonymous source told The Sun.

However, Kylie, even after pocketing an estimated KSh 36 million ($340 million) after-tax from the sale, is not a billionaire according to Forbes.

"A more realistic accounting of her personal fortune puts it at just under US$900 million, despite the headlines surrounding the Coty deal that seemed to confirm her billionaire status". So this deal has consolidated the fact that Kylie Jenner has been a billionaire.

It said that "Kylie claimed her cosmetics company was on track to sell more than $300 million in makeup that year".

"All I see are the a number of inaccurate statements and unproven assumptions lol".

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Jenner, half-sister of Kim, Khloe and Kourtney Kardashian, debuted Kylie Cosmetics in 2016 with US$29 lip kits containing matching lipstick and lip liner. "I've never asked for any title or tried to lie my way there ever". Kylie then asked the magazine's credibility when they say the tax returns were forged.

In any case, Forbes' Chase Peterson-Whithorn and Madeline Berg announced for the current week that Jenner and her mom, Kris Jenner, expanded their riches in archives they gave to the distribution about Kylie's riches and her organization's income.

Soon after the most recent article came out, Kylie took to Twitter to deny Forbes' claims. So you just THOUGHT they were forged? like actually what am I reading.

Kylie also acknowledged other world events, stressing how her earnings are not (and are probably never) the most important thing to be anxious about.

Forbes spokesman Matthew Hutchison issued a staunch defence of its investigation into "newly filed documents that revealed glaring discrepancies between information privately supplied to journalists and information publicly supplied to shareholders".

Kylie posing at her new $36 million home.



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