Forbes has stripped Kylie Jenner off her billionaire status, after reports that she over-estimated the true networth of her business.
Forbes announced her to be a “self-made” billionaire by the magazine in July 2018, the youngest ever.
In a post on Friday, Forbes explained why she was no longer a billionaire, adding that the Jenners would go to any length to be famous.
The 20-year-old cosmetics entrepreneur, who was on the cover of Forbes magazine in July of 2018, at the time claimed that she had accumulated $900 million in three years from Kylie Cosmetics. Forbes said that Jenner owned 100% of the company, and forecasted that her net worth will likely pass $1 billion within 2019.
Jenner responded to Forbes’s retraction of her billionaire status on Friday in a series of tweets saying,
“What am I even waking up to. I thought this was a reputable site.. all I see are a number of inaccurate statements and unproven assumptions lol. I’ve never asked for any title or tried to lie my way there EVER. Period.
“Even’ creating tax returns that were likely forged’ that’s your proof? So you just THOUGHT they were forged? like actually what am I reading.
“But okay White heart I am blessed beyond my years, I have a beautiful daughter, and a successful business and I’m doing perfectly fine.”
“I can name a list of 100 things more important right now than fixating on how much money I have”.