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:


