Kylie Jenner Demands Forbes Retract Article That Claims She Lied Her Way To 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.

Less than a week after Forbes revoked Kylie Jenner’s “self-made billionaire” status, the magazine named the Kylie Cosmetics founder and her brother-in-law, Kanye West, the top-earning celebrities of 2020.

2020 feels like the endgame for humanity as the world is trying to slowly get past the coronavirus pandemic. However, the damage has already been done, whether it be the loss of life or even the economy being affected drastically.

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.

Despite Kylie Jenner's recent feud with over her billionaire title, the magazine did give her the No. 1 spot on its 2020 Celeb 100 list, which ranks the world's highest-paid celebrities in terms of annual pay.

Less than a week after Forbes revoked Kylie Jenner’s “self-made billionaire” status, the magazine named the Kylie Cosmetics founder and her brother-in-law, Kanye West, the top-earning celebrities of 2020.

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

Kylie Jenner has been forced to acknowledge accusations that she inflated the value of her business resulting in her Forbes billionaire listing being removed.

When Kylie Jenner has come out fighting against claims that she lied about being a billionaire, things could be set to get a lot worse for her.The Keeping up with the Kardashian star could face a criminal investigation and even jail time if allegations she was forged her tax returns are true. Kylie, 22, hit back at claims that she inflated figures and forged tax returns for her business, Kylie Cosmetics.

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.

Kylie Jenner has slammed Forbes magazine editors for revoking her billionaire status and accusing her of lying about her wealth. The publication’s bosses dropped an article, entitled ‘Inside Kylie Jenner’s Web of Lies and Why She’s No Longer a Billionaire’ on Friday, and suggested the reality TV star and make-up mogul had doctored tax documents for her Kylie Cosmetics company to swindle herself onto the title’s famous Forbes Billionaires list.