Kylie Jenner has
slammed Forbes after the magazine published a bombshell report on Friday,
stripping the 22-year-old of her billionaire status and accusing her of
inflating the size of her business and success.
It would be recalled
that Forbes had named Kylie Jenner “The Youngest Self-Made Billionaire Ever” in
March 2019 owing to the popularity of her Kylie Cosmetics brand.
According to Forbes,
she had made millions from Kylie Cosmetics, which she later sold a 51% stake to
the beauty company Coty in a deal that valued her company at $1.2 billion.
However, the
publication on Friday accused her of ‘lying about company figures and forging
tax returns’ to reach the billionaire status in a new report titled “Inside Kylie
Jenner’s Web of Lies – And Why’s She’s No Longer a Billionaire”.
Forbes said Jenner and
her mother, Kris Jenner, inflated their wealth in documents they provided to
the publication last year about Kylie’s personal wealth and her company’s
revenue.
The magazine said the
Jenners had previously invited the publication into their homes and
accountants’ offices and provided Forbes with tax returns “that were likely
forged,” though that does not mean the tax returns she filed were fraudulent.
According to Forbes’
new calculations Kylie’s is worth just under $900million.
Kylie Jenner hit back
at the magazine on Twitter, accusing it of “a number of inaccurate statements
and unproven assumptions.”
“I’ve never asked for
any title or tried to lie my way there EVER. period,” she wrote.
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
“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.
— Kylie Jenner
(@KylieJenner) May 29, 2020
but okay 🤍 i am blessed
beyond my years, i have a beautiful daughter, and a successful business and i’m
doing perfectly fine.
— Kylie Jenner
(@KylieJenner) May 29, 2020
i can name a list of
100 things more important right now than fixating on how much money i have
— Kylie Jenner
(@KylieJenner) May 29, 2020
Kylie Jenner who broke
silence over the controversy surrounding her billionaire status, insisted that
she did not receive any money from her famous parents that would have aided in
her achieving billionaire status.
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