Forbes Releases Statement Responding To Kylie Jenner’s Defense Of Billionaire Status

highest earning celebrity of 2020 - thanks to the mammoth sale of her brand Kylie Cosmetics.The star, who netted over $500 million for the sale, beat the likes of Kanye West, professional athletes and actors to the top of the list.

Forbes has named Kylie Jenner the world’s highest-paid celebrity – a week after accusing her of attempting to inflate her net worth.

Reuters reported today that Kylie Jenner and Kanye West made it to the top of Forbes list of the highest-paid celebrities, however, big names such as Lionel Messi and Roger Federer were above them. According to the finance magazine, Jenner took home $590 million over the last year, with the vast majority of that money coming from the sale of her 51% stake in Kylie Cosmetics to Coty last year.

Welp, it looks like the drama surrounding Kylie Jenner's feud with Forbes has taken a turn for the...interesting? As you may recall, on how Kylie allegedly inflated her personal wealth, forged her tax returns, projected her Kylie Cosmetics brand to make more in sales than it truly does, and a bunch of other shady stuff.

Kylie Jenner has topped Forbes magazine’s highest-paid celebrity list for 2020, despite editors at the magazine questioning the real value of her business empire.

Kylie Jenner has topped Forbes magazine’s highest-paid celebrity list for 2020, despite editors at the magazine questioning the real value of her business empire. Jenner sits pretty atop the list despite questions being asked about the true scale of her fortune, with experts valuing her earnings at US$590 million ($797.41 million) after she pocketed US$540 million ($729.84 million) before tax by selling 51% of her Kylie Cosmetics firm to beauty retailer Coty.

It is a family affair atop Forbes‘ 2020 list of the world’s highest-paid celebrities.

Kylie Jenner recently took to Twitter and lashed out at Forbes over an article that accused her of faking her way to the billionaire status. The international outlet accused her of forging tax documents to obtain the world's youngest self-made billionaire tag.

Could Kylie Jenner face a criminal investigation due to her status as the youngest, self-made billionaire on Forbes list? Forbes first announced that Kylie Jenner had become the youngest self-made billionaire in 2019 and again, added her to their list in 2020. Now, Forbes published an article alleging the 22-year-old, youngest KarJenner lied her way to billionaire status.

When Kylie Jenner started her cosmetics company, not many people thought that it would rise to the status that it has today. However, the skepticism if she was legitimately the youngest billionaire was pushed to the side when she posed and interviewed along with Kris Jenner for Forbes magazine.

Well, here's a Kardashian-Jenner scandal brewing in the business world: Forbes published a lengthy feature today breaking down all the ways Kylie Jenner inflated her income to media outlets and the beauty world. Forbes, which dubbed Jenner the world's youngest billionaire for multiple years (including this year), reports now that Jenner is no longer a billionaire, especially after the coronavirus pandemic adversely affected beauty consumer spending and stocks.

Kylie Jenner's status as a billionaire has been called into question by Forbes in a story that also raises questions about the magazine’s ability to accurately assess the finances of celebrities.

Kylie Jenner woke up to an unpleasant piece of news and she is furious. The 22-year-old makeup mogul slammed Forbes after it published a report accusing her of forging tax documents to fake her billionaire status. According to the magazine, the Jenner family inflated figures and forged tax returns for Kylie's cosmetics company. The accusations did not go down well with The Keeping Up With The Kardashian, who stated that she never asked for the title in the first place.

After Forbes magazine announced that they were removing Kylie Jenner from their list of billionaires and stripped her of the title “World’s Youngest Self-Made Billionaire” because she lied about her wealth, the 22-year-old has responded to the allegations in a series of tweets.

Standing their ground. Kylie Jenner and her team are defending themselves against allegations about the reality star’s finances after Forbes revoked her billionaire status.