Just a year ago Forbes named Kylie Jenner as the youngest self made billionaire ever but now accuses her of being a “web of lies” and strips her of the tittle.
It all comes down to company’s worth between 2016-2018. The Jenners apparently invited Forbes to their homes and offices. They showed them Kylie’s company’s annual revenue for years 2016, 2017, and 2018 which was at $307-$360 million a year.
Forbes is now claiming that those numbers were totally false. The real numbers were apparently $125 million for 2018, $177 million for 2017, and not providing the numbers for the rest of the years but claims they’re extremely lower.
The magazine then continues accusing the Jenners of showing false tax returns which were created falsely by their accountants.
Let’s not forget – Kylie Jenner is far from broke. Frobes now readjusted numbers and claims she’s worth “only” $900 million. She will get to billionaire status at some point but she’s not there yet.
Let’s also not forget that Kylie sold 51% of her company last year to Coty. Reports shows that cosmetics giant Coty’s stock prices have plummeted more than 60% since the November 2019 when the deal happened.
Kylie Jenner hits back to at Forbes via Twitter “what am I even waking up to.”