Kylie Jenner has questioned the legitimacy and reputation of the famous Forbes magazine after its recent publication that questioned her financial situation, particularly her billionaire status.
Forbes published an article on Friday, disputed that Kylie is a billionaire, contrary to the fact that it was the same magazine that published the article about her being a billionaire a while back. Forbes claims that it examined the young Kardashian’s financial filings after she sold a majority stake in her cosmetics business called Kylie Cosmetics company to another company called Coty. The deal which took place earlier this year was reportedly worth $1.2 billion.
Forbes believes that Kylie may have gotten around $340 million from the deal after deducting taxes and legal fees. The magazine also claims that the beauty mogul’s business is not as big or as profitable as people think. Kylie did not have it, and she took to Twitter to respond to Forbes’ latest publication about her.
what am i even waking up to. i thought this was a reputable site.. all i see are a number of inaccurate statements and unproven assumptions lol. i’ve never asked for any title or tried to lie my way there EVER. period
— Kylie Jenner (@KylieJenner) May 29, 2020
“what am i even waking up to. i thought this was a reputable site.. all I see are a number of inaccurate statements and unproven assumptions lol. I’ve never asked for any title or tried to lie my way there EVER. Period,” stated Kylie in one tweet.
Kylie stated in another tweet that there are things that are more important than fixating over how much money she has and that she is happy that she has a beautiful daughter, as well as a successful business. Kylie’s business prowess has made her arguably more popular than her elder sister Kim Kardashian.
Interestingly, Forbes, doubted her billionaire status, was the same magazine that published an article about Kylie in March 2019. The title of the article read, “At 21, Kylie Jenner Becomes The Youngest Self-Made Billionaire Ever.” The recent article was titled “Inside Kylie Jenner’s Web of Lies — And Why She’s No Longer a Billionaire.”
The latest article accuses Kylie and her family of misleading information and even forging financial figures to boost Forbes’ estimates. However, Kylie’s lawyer has dismissed the story as outright lies.
