Forbes drops Kylie Jenner from billionaire list accuses her of lying, businesswoman reacts

Kylie Jenner at the tender age of 21 was crowned by Forbes as the youngest-ever self-made billionaire in 2019. It was all thanks to the beauty brand she founded, Kylie Cosmetics. Now, Forbes magazine on Friday said that Jenner is no longer a billionaire and that she had alleged that she lied about her billionaire status.

Now, the businesswoman has reacted to all the claims, Kylie in a series of tweets wrote, “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”

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

— Kylie Jenner (@KylieJenner) May 29, 2020

“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.”

“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.

— Kylie Jenner (@KylieJenner) May 29, 2020

“but okay 🤍 i am blessed beyond my years, i have a beautiful daughter, and a successful business and i’m doing perfectly fine.”

but okay 🤍 i am blessed beyond my years, i have a beautiful daughter, and a successful business and i’m doing perfectly fine.

— Kylie Jenner (@KylieJenner) May 29, 2020

“i can name a list of 100 things more important right now than fixating on how much money i have”

i can name a list of 100 things more important right now than fixating on how much money i have

— Kylie Jenner (@KylieJenner) May 29, 2020

Forbes magazine said in their story titled: “Kylie Jenner’s Web of Lies”, published on Friday, it said that the makeup-mogul“sold 51% of her Kylie Cosmetics to beauty giant Coty in a deal valued at $1.2 billion this January, it was a watershed moment for the family. One of the greatest celebrity cash-outs of all time, the transaction seemed to confirm what Kylie had been saying all along and what Forbes had declared in March 2019: that Kylie Jenner was, indeed, a billionaire—at least before the coronavirus.”

They have also accused her of forging tax returns. The report also states: “Kylie’s business is significantly smaller, and less profitable, than the family has spent years leading the cosmetics industry and media outlets, even after pocketing an estimated $340 million after taxes from the sale, is not a billionaire.”

Jenner’s attorney, Michael Kump, also denied the judgments specified in the report, telling People it is “filled with outright lies”.

Stay tuned to The Live Mirror for more updates.