Entertainment
Kylie Jenner Is No Longer A Billionaire According To Forbes
Kylie Jenner Allegedly Forged Her Tax Returns To Be The Youngest Billionaire
Kylie Jenner has been carrying the ‘youngest self-made billionaire’ tag for a long time now, but according to Forbes, she manipulated her way on the list and after thorough findings, they’ve denounced her as a billionaire.
On the 6th of March, 2019, Forbes announced Kylie as the youngest self-made billionaire ever. “Even younger than Mark Zuckerberg, who was 23 when he reached a ten-figure fortune,” the publication wrote.
“To be clear, since 2014 Forbes has defined “self-made” as someone who built a company or established a fortune on their own, rather than inheriting some or all of it. As long as the list member didn’t inherit a business or money, they are labeled self-made.”
View this post on Instagram
However, after looking further into her wealth, they found out that she is no longer a billionaire, calling her a liar and accusing her of hiding things in the fine print of her extravagant deal with Coty and that Mark Zuckerburg may still hold that title.
Kylie Jenner sold a majority stake in her company, Kylie Cosmetics, to Coty in a deal valued at $1.2 billion. The makeup mogul reportedly pocketed a cool $340 million from the deal, which would have made her the youngest self-made billionaire.
Forbes claims the Kardashian family created a “web of lies” to give off the impression that Kylie is richer than she actually is. Forbes is now estimating Kylie’s personal net worth at just under $900 million, which is obviously still impressive.
The company also accuses Jenner of “lying about company figures and forging tax returns”.
-
Viral News6 days ago
Woman Set Her Lash-Tech’s Vehicle On Fire For Not Being Able To Be Serviced – Video
-
Entertainment7 days ago
Kanye West Posts J. Cole Meme On IG After Dissing Him On ‘Like That’ Remix
-
Entertainment7 days ago
Kanye West Disses Drake & J. Cole On “Like That” Remix – Listen
-
Viral News7 days ago
10-Year-Old Texas Boy Confesses To Shooting Man In His Sleep With Grandfather’s Gun 2 Years Ago
-
Entertainment7 days ago
Chris Brown Claims He Slept With Quavo’s New Girlfriend Erica Fontaine On ‘FTCU’ Remix
You must be logged in to post a comment logged in Login