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.
29.05.2020 - 22:15 / etcanada.com
Kylie Jenner and her lawyers are responding to that Forbes article questioning her “Youngest Self-Made Billionaire” status.
Jenner, 22, nabbed the honour in 2020 and 2019 due to her hugely successful Kylie Cosmetics company, which Coty purchased a 51 per cent stake in in November 2019 for $600 million.
However, Forbes is now saying she’s worth just less than $900 million.
They insisted Kylie and Kris Jenner had exaggerated their wealth in financial papers and “likely forged” tax returns that
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.
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.
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.
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.
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.
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 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.
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.