Kylie Jenner: Here’s Why She’s No Longer A Billionaire

Here’s Why Forbes Drops Businesswoman Kylie Jenner From Billionaires List

KYLIE JENNER – Here’s why Forbes magazine dropped businesswoman Kylie Jenner from their billionaires list.

American businesswoman and media personality Kylie Jenner is one of the stars of the reality tv show “Keeping Up with the Kardashians.” She has been in the show since 2007.

Apart from being a celebrity, she also manages her cosmetic business. She’s the founder and owner of ‘Kylie Cosmetics.’ Her company sells lip kits, lip liner, and liquid lipstick.

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Photo Source: Twitter

Kylie Jenner has one daughter with American rapper Travis Scott. She named her Stormi Webster. She frequently shares her glamorous lifestyle on her social media accounts.

Last year, Forbes Magazine crowned her as “The Youngest Self-Made Billionaire Ever.” Aside from her tv show, she earned a huge amount of money from her cosmetics company.

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Photo Source: @kyliejenner IG

On Friday, Forbes published a report accusing Kylie Jenner of forging her tax returns and faking her billionaire status. They said her financials were just a ‘web of lies.’ Based on a report from Insider, the youngest of the Kardashian-Jenner clan allegedly provided Forbes with forged tax returns to boost her wealth.

“Today’s extensively reported investigation was triggered by newly filed documents that revealed glaring discrepancies between information privately supplied to journalists and information publicly supplied to shareholders. Our reporters spotted the inaccuracies and spent months uncovering the facts,” a Forbes spokesperson said.

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Photo Source: Forbes

In Forbes report titled “Inside Kylie Jenner’s Web of Lies — and Why She’s No Longer a Billionaire,” the business magazine said the Jenners previously invited them in their mansions and CPA office and showed their income tax returns “that were likely forged.” Forbes said the businesswoman’s team was aware of the new findings but haven’t given any comments yet.

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