Forbes: Kylie Jenner isn’t a billionaire after all Entertainment

The business magazine posted Kylie earlier this year for the second time as the youngest billionaire in the state list with assets of about $ 1.2 billion. Now it turns out that documents that were previously supplied by her team are not entirely correct, she says Forbes. This left her much less than communicated to the deal with beauty giant Coty Inc., to whom she sold 51 percent of her shares in her successful company Kylie Cosmetics last year.

According to Forbes it is abundantly clear that “Kylie’s camp lied”. The tax refunds that employees of the magazine received after visits to her accountant and at her home are “most likely falsified.” Kylie has not yet responded to the allegations.

She owes the almost $ 900 million she would be worth to Kylie Cosmetics, which was founded in 2014. Although Kylie can be seen in the reality series with her family Keeping Up! with the Kardashians her bank account feels a lot less of that.


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