Kylie Jenner’s most controversial statements and moments

People were unhappy then Forbes called Jenner a “self-made billionaire” when her fortune was not self-made and she was not a billionaire at all. Magazine coming soon posted an updateincluding a statement from Jenner’s representatives to clarify the matter.

“The allegations that the Jenners and/or their accountants falsified tax returns and then lied about their 2016 income for the past four years are categorically false,” part of the letter reads.

In 2020, Forbes published a new report explaining that Jenner was not a billionaire, despite making $340 million after taxes from the sale of half of her cosmetics company.

The magazine explained: ‘A more realistic view of her personal fortune puts it at just under $900 million, despite headlines surrounding the Coty deal that seemed to confirm her billionaire status. More than a third of that is the estimated $340 million in post-tax money she would have made by selling most of her company.”

“The remainder consists of revised profits based on the smaller size of her business and a more conservative estimate of profitability, plus the value of her remaining stake in Kylie Cosmetics – which is not only smaller than the Jenners led us to believe, but also is. is also worth less now than when the deal was announced in November, given the economic impact of the coronavirus.” Forbes continued.