As we reported here, last year reality star-turned-beauty-mogul Kylie Jenner was at the center of a controversial debate on her ‘self-made billionaire status’ after Forbes magazine crowned her such thanks to the sale of her Kylie Cosmetics company (which the Wall Street Journal reported was a deal worth $1.2 billion at the time).
However, Forbes took to print Friday (May 29) to refute the year-old claim, even stating the company “is significantly smaller, and less profitable than the family has spent years leading the cosmetics industry and media outlets to believe.”
Ouch! More inside:
In a fiery article, the money mag stated:
“Earlier this year, Kylie Jenner sold half of her cosmetics company in one of the greatest celebrity cash-outs of all time. But the deal’s fine print reveals that she has been inflating the size and success of her business. For years,” the report states.
As a result, they estimated that she is not a billionaire and instead sees her fortune clock in at “just under $900 million.”
When the story reached the desk of Jenner, she took to Twitter to defend herself and redirect the conversation.
*Read from bottom to top*
Gurl u were never a billionaire to begin with .
She should have stopped after that first tweet… obviously she cares what all the strangers think.
Oh boo hoo the little spoil girl is no longer a billioaire like gurl get over it. There is more serious problem in this world than a little spoiled brat billionare status being pulled.
Stunts n shows. Now I c Why They clocked Kanye
Plastic doll. Everything fake bout this lucky b-I-t-c-h.
Girl we have more important matters to deal with
Anyone with half a brain already knew she wasn’t a billionaire in the first place. B**** bye. You’re still filthy rich. No need to try to bamboozle the public into thinking you’re richer than you actually are. We are in a whole pandemic. I promise we don’t care.
Why is that even a debate ?
Gosh you’d never see that in Europe.
Who the F cares what amount of money she has ?