Kylie Jenner Dropped From Forbes Billionaire List, She Hits Back Saying 'I Can Name A List Of 100 Things More Important'

    Forbes Calls Kylie Jenner A Liar

    Kylie Jenner Dropped From Forbes Billionaire List, She Hits Back Saying 'I Can Name A List Of 100 Things More Important'

    Forbes magazine has negated its own report about reality TV star Kylie Jenner being the youngest self-made billionaire in the United States. Well on Friday, Forbes reported Jenner is not actually a billionaire. 

    In the previous year, the magazine reported Kylie was the youngest self-made billionaire at 21!

    Kylie is the half-sister of Kim, Khloe and Kourtney Kardashian debuted with Kylie cosmetics in 2016 with $29 lip kits containing matching lipstick and lip liner and has since sold more than $630 million worth of makeup. 

    Forbes reported it made the net worth of her company around $800 million and that Jenner was the hundred percent owner of the company.

    However, on Friday, the magazine reported, “Kylie claimed her cosmetics company was on track to sell more than $300 million in makeup that year. But in reality, it only did $125 million.”

    Forbes also took into consideration how Kylie had sold 51 per cent of her Kylie cosmetics to beauty giant Coty in a $1.2 billion deal and reported, “Kylie’s business is significantly smaller and less profitable than the family has spent years leading the cosmetics industry and media outlets.”

    Forbes lashed out at the Kardashians because of “white lies, omissions and outright fabrications”. Kylie reacted to the claims of the magazine and took to her twitter to say, “I can name a list of 100 things more important right now than fixating on how much money I have”.

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