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Kylie Jenner Claps Back At Forbes Saying She's Not As Rich As She Says She Is

Kylie Jenner Claps Back At Forbes Saying She's Not As Rich As She Says She Is
May 29, 2020 - 19:15 / Amanda Stanford

Is Kylie lying? Forbes magazine thinks so! The young beauty mogul was coined the "Youngest Self-Made Billionaire" by the magazine in both 2019 and 2020.

Kylie Jenner is in some hot water

Kylie Jenner is not taking any heat from the magazine that not only featured her on the cover, but that once supported her. The young beauty mogul is under fire from the magazine for allegedly lying about just how rich she is.

Kylie Jenner arriving at the 2018 MTV Video Music Awards

In both 2019 and 2020, Forbes magazine coined the young reality star and Kylie Cosmetic founder as the "Youngest Self-Made Billionaire." However, they are now taking a second look.

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Back in November, Coty bought 51% of Jenner's widely successful company, Kylie Cosmetics, at a small $600 million.

However, Forbes is now saying that Jenner is worth just less than $900 million. 

The magazine insists that Kylie and momager Kris Jenner "likely forged" tax returns, and exaggerated their wealth on financial papers.

The Jenners reportedly claimed the company’s annual revenue from 2016 to 2018 was somewhere between $307 million to $360 million per year.

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However, Forbes denies this as a false claim, saying it's $125 million for 2018 and $177 million for 2017.

The magazine wrote, "It’s clear that Kylie’s camp has been lying.” 

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my forever

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However, Jenner took to Twitter to refute these claims saying, "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.”

She continued to quote the article saying, "'Even creating tax returns that were likely forged’ that’s your proof? So you just THOUGHT they were forged? Like actually what am I reading?”

She then put the negativity to rest, saying that she was blessed.

“But okay. I am blessed beyond my years, I have a beautiful daughter, and a successful business and I’m doing perfectly fine. I can name a list of 100 things more important right now than fixating on how much money I have," she wrote.

So far, Jenner's rep has yet to comment.