Kylie Jenner’s Billionaire Status Has Been Revoked by Forbes
Due to a recent finding made by the respected global financial media company Forbes, the supposed “Self-Made Billionaire” status that was once held by makeup and skin entrepreneur Kylie Jenner has just been revoked—stating that the twenty-two year old provided false documents that supported an income that has been found to be not true.
Originally reported, Jenner (via Kylie Cosmetics) returned $110 million USD of their $307 million USD profit for 2016. Yet Forbes insists that this was false, and accuses the Jenner’s of providing even more fabricated information, by reporting a 7% growth within the company for 2017, which was a skyrocketing profit of $330 million USD, and finally another $360 million USD in 2018. Yet, once the company was bought by Coty Inc. for $600 million USD, it was revealed that the actual growth in sales for 2018 was $125 million USD, not the 360 million that was earlier reported.
Kylie and her lawyers however are consistent in defending her claims, and have instead reversed the accusations on Forbes, saying that their statements against her are widely false, and demand evidence to support their findings against 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
Stay tuned for more information.
By Matt Koger