Forbes reports that Kylie Jenner fabricated a “web lies” in her attempt to become the world’s youngest self-made billionaire.
Let’s preface this by saying that Kylie Jenner is ridiculously rich. She’s got more money than any us will ever see in our lifetimes. However, to say that she’s the youngest self-made billionaire is a lie, according to Forbes.
After providing her that title last year, the publication has looked further into her wealth and determined that she is no longer a billionaire, calling her a liar and accusing her hiding things in the fine print her extravagant deal with Coty.
As you may know, Kylie Jenner sold a majority stake in her company, Kylie Cosmetics, to Coty in a deal valued at $1.2 billion. The makeup mogul reportedly pocketed a cool $340 million from the deal, which would have made her the youngest self-made billionaire. However, Forbes notes that Mark Zuckerburg may still hold that title after looking into the fine print.
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The company is making extraordinary claims that the Kardashian family created a “web lies” to give f the impression that Kylie is richer than she actually is. Forbes is now estimating Kylie’s personal net worth at just under $900 million, which is obviously still impressive.
Forbes has accused Jenner “lying about company figures and forging tax returns” after Coty released filings that reveal her empire to be much smaller than previously believed.
What do you make these claims?