Kylie Jenner – No Longer A Billionaire ‘I Have A Successful Business’

Kylie Jenner – No Longer A Billionaire ‘I Have A Successful Business’

Kylie Jenner speaks after she lost her billionaire status after being accused by Forbes of inflating the size of her business and success.

Kylie Jenner - No Longer A Billionaire ‘I Have A Successful Business’

So when the youngest of the clan, Kylie Jenner, 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 lovenaija had declared in March 2019: that Kylie Jenner was, indeed, a billionaire—at least before the coronavirus.

Kylie Jenner - No Longer A Billionaire ‘I Have A Successful Business’

Forbes reported that Kris hosted Forbes’ staff multiple times at her mansion, allegedly to share inflated financial statements boasting the success of her daughter’s business.

“The business was never that big to begin with, and the Jenners have lied about it every year since 2016 — including having their accountant draft tax returns with false numbers — to help juice Forbes’ estimates of Kylie’s business

Kylie Jenner - No Longer A Billionaire ‘I Have A Successful Business’

 

Kylie Jenner - No Longer A Billionaire ‘I Have A Successful Business’

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