Kylie Jenner, Forbes spar over story on billionaire status


Kylie Jenner has slammed Forbes magazine editors for revoking her billionaire status and accusing her of lying about her wealth.

After first reporting that reality TV star Kylie Jenner is the youngest self-made billionaire in the United States, Forbes magazine on Friday said that Jenner is not actually a billionaire.

And while Jenner said she didn't want the title in the first place, the news outlet claims Jenner's publicists campaigned to "get a Forbes cover for Kylie", beginning in 2016. "What am i even waking up to. i thought this was a reputable site." she wrote.

In another classy clap back tweet, she wrote "but okay i am blessed beyond my years, i have a attractive daughter, and a successful business and i'm doing perfectly fine".

Kylie Jenner addressed Forbes claims that she "lied" about her billionaire status on Twitter. Jenner continued. "So you just THOUGHT they were forged? like actually what am i reading".

"Kylie's business is significantly smaller and less profitable than the family has spent years leading the cosmetics industry and media outlets, including Forbes, to believe", the publication wrote.

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After much of their new calculation, Forbes claims Kylie's personal fortune is just under $900million.

However, Kylie's not going to dwell on the alleged inaccuracies in the Forbes' article.

"More problematic, Coty said that sales were up 40% from 2018, meaning the business only generated about $125 million that year, nowhere near the $360 million the Jenners had led Forbes to believe", the magazine wrote.

She concluded her message writing, "Don't let his name be forgotten. keep sharing, keep watching, keep speaking out, because it's the only way we can come together to help bring this much needed change and awareness".

Jenner, 20, half-sister of Kim, Khloe and Kourtney Kardashian, debuted Kylie Cosmetics in 2016 with $29 lip kits containing matching lipstick and lip liner and has since sold more than $630 million worth of makeup.