"Forbes" magazine removed Kylie Jenner from her list, as it turned out that she is not a billionaire, accusing the reality TV star of "exaggerating the value of her profits from her cosmetics for years."
The magazine wrote the name of Kylie Jenner, who is 22 years old, in her list of the richest people in the world in March 2019, because of the popularity of her trademark, "Kylie Cosmetics", but removed it from it based on new information. Jenner sold 51% of her trademark to the cosmetic giant, "Coty". Last January, against $ 600 million in a deal, the company was valued at $ 1.2 billion.
The magazine is charged
"Forbes" accused the famous Jenner family of the possibility of falsifying the company's tax revenue data, explaining that the new information and the impact of the Covid 19 epidemic on cosmetic sales made them believe that they are not billionaires, despite the fact that they obtained an estimated revenue of $ 340 million after the taxes from the sales.
Forbes estimated Jenner’s personal wealth at just under $ 900 million. For her part, Jenner responded to the magazine through Twitter, accusing it of relying on “a number of inaccurate statements and unproven assumptions.” She wrote: I never asked for any title and did not try Lying to reach it at all