What People Are Saying As Kylie Jenner Is Stripped Of Her Billionaire Status By Forbes
- Anu
- May 29, 2020
- Celebrity, Trending
- forbes says kylie no longer a billionaire, kylie and coty, kylie jenner billionaire, kylie jenner forbes billionaire reactions, trending news
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According to the latest report by Forbes, Kylie Jenner is no longer a billionaire.
This is coming a year after the 22-year-old was named ‘The Youngest Self Made Billionaire Ever’.
Kylie made headlines after the sale of a 51% stake of her Kylie Cosmetics to beauty company Coty in a deal that valued her company at $1.2 billion.
In the investigation by Forbes, it is alleged that Kylie and her mother have been exaggerating the earnings and revenue of Kylie Cosmetics.
“It’s clear that Kylie’s camp has been lying,” Forbes reported.
Her wealth is likely closer to just under $900 million, according to Forbes’ estimate.
Reacting to the news, Kylie said there were other things more important to her than her net worth.
See reactions below
Kylie Jenner has a child with a black man, she also rips off of black culture and black woman but she’s putting more energy into her being accused of not being a billionaire
— H✿bi?⁷ ᴰ⁻² (@joonseye) May 29, 2020
I’m sure Forbes thought they were doing something with their latest Kylie Jenner article but the only thing it did was just prove how NOT credible they are as an organisation to report on anyone’s earnings.
— Mpumz Ngwenya (@Mpumz_N) May 29, 2020
Kylie Jenner was never a billionaire… As I suspected once they sold such a large % to Coty, they wanted to get the best deal possible. Kris Jenner strikes again.
— MABINTOU (@MABIN2_) May 29, 2020
How can Kylie BOLDLY say she’s not fixated with how much money she has, when her mum HOUNDED Forbes for that cover???
— Oloni (@Oloni) May 29, 2020
