Kylie Jenner Is No Longer a Billionaire, According to Forbes

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.

LOS ANGELES (Reuters) - Kylie Jenner and Kanye West on Thursday topped the annual Forbes list of the highest paid celebrities, but sports stars, including Roger Federer and Lionel Messi, dominated the top 10.

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.

Before Forbes stripped away her prestigious billionaire status, Kylie Jenner went on a major spending spree.

Kylie Jenner wants people to stop keeping a track of her bank Kylie Jenner was announced as the youngest self-established billionaire by Forbes for the second time in 2020. Being the owner and founder of her beauty brand Kylie Cosmetics, Kylie Jenner's net worth stood at USD 1 billion at the beginning of 2020.

As you might recall, casually dropped an article on Friday titled "," in which they legit accused Kylie of inflating her personal wealth and forging her tax returns.

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.

Kris Jenner is "definitely worried" following Forbes' recent claim that Kylie Jenner's empire was built on a "web of lies," according to a new report.

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.

So, uh, yesterday casually dropped an article titled "," basically accusing Kylie of inflating her personal wealth and straight-up forging her tax returns. Casual.

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.

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  may be closing out the month of May in unlikely way. “What am I even waking up to.