Forbes Report After Being Stripped of Billionaire Status

According to Forbes magazine's annual list of highest-paid celebrities, Kylie Jenner is the top earner of the year thanks to her successful cosmetics line. The 22-year-old reportedly made $590 million over the past year after she sold a 51 percent stake in her business to beauty company, Coty, in November 2019.

Forbes has named Kylie Jenner the world's highest-paid celebrity in the year 2020, but has not restored her billionaire status despite being approached by her lawyers.Kylie Jenner earned several accolades last year when Forbes declared her the "world's youngest self-made billionaire" at the age of 21.

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.

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 blew millions of dollars on private jets and mansions before having her billionaire status revoked, according to reports.The 22 year old was named the world's youngest ever self made billionaire last year, but Forbes have now adjusted her worth to just under $900million, claiming she "likely faked tax returns". Although the Keeping Up With The Kardashians star still has a huge amount of money, a new report suggests she may be spending her fortune fast.

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.

Kylie Jenner has been all over the entertainment news cycle for the last few days, but not for the typical reasons. Hot New Hip Hop and other outlets have reported that Kylie and her lawyer asked Forbes to retract their article accusing her of falsifying records to make it seem like she was a billionaire.

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.

Kylie Jenner and her mother Kris Jenner are said to be “worried” over the claims the makeup mogul “forged tax returns” to get her billionaire stats could “hurt” their brand. Kylie has received backlash, and is even risking prison time, after her billionaire status was revoked by Forbes as they accused her of “forging tax return documents”.The 22 year old, who was named the world’s youngest self-made billionaire last year by Forbes, has now had her worth adjusted to just under $900million.

Kylie Jenner has slammed Forbes magazine editors for revoking her billionaire status and accusing her of lying about her wealth.

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.