Kylie Jenner has been demoted from her status as a billionaire by Forbes after they found that she exaggerated her wealth in tax documents.
The 22 year old was previously named the world’s youngest self-made billionaire.
Public findings from Coty – the company that acquired a 51% stake in Kylie Cosmetics revealed that her business was significantly smaller and less profitable than she led Forbes to believe
Kylie took to Twitter to respond.
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’s new net worth is $900 million