Forbes Takes Away Kylie Jenner's "Billionaire" Status!

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The topic of Kylie Jenner being a Billionaire has been a huge topic. Some people hated on it and said that Kylie was not self made others supported it! However Forbes has just dropped a huge article on Kylie Jenner and it's not good!

"Inside Kylie Jenner's Web of Lies - And Why’s She’s No Longer a Billionaire” Forbes basically accuses Kylie and her Mom Kris Jenner of lying for years about the profits from her makeup line!

Kylie made millions from her company, Kylie Cosmetics, which she later sold a 51% stake to beauty company Coty in a deal that brought her company value to $1.2 billion. Now, Forbes’ Chase Peterson-Withorn and Madeline Berg claim that the Jenners inflated their wealth in documents that they reportedly provided to the publication about Kylie’s personal finances, and her company’s revenue.

“It’s clear that Kylie’s camp has been lying,” Forbes goes on to say that Kylie and Kris even shared tax returns with Forbes but “that were likely forged.”

It's not that Kylie is poor by ANY means, but Forbes says that Kylie’s wealth is likely closer to just under $900 million instead of 1 billion and change.

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