Forbes have exposed Kylie Jenner web of lies and says she is no longer a billionaire.The self made reality celebrity from the Kardashian family has disagreed though with that revelation.The same Forbes had certified her a billionaire in March 2019.
Forbes said it reviewed financial data released by Coty Inc, which bought a 51 percent stake in Jenner’s Kylie Cosmetics company in November 2019.
Those financial filings show “Kylie’s business is significantly smaller, and less profitable, than the family has spent years leading the cosmetics industry and media outlets, to believe,” according to the respectable magazine.
Forbes now estimates the net worth of Jenner, 22, at around $900 million.
Replying on Twitter on Friday, Jenner said the recent story was based on “a number of inaccurate statements and unproven assumptions.”
“What am I even waking up to. I thought this was a reputable site,” she wrote.
The superstar celebrity family that consist of,Jenner, half-sister of Kim, Khloe and Kourtney Kardashian, debuted Kylie Cosmetics in 2016 with $29 lip kits containing matching lipstick and lip liner.