Kylie Jenner Slammed Forbes' Claims She Lied About Her Billionaire Status

Kylie Jenner's billionaire status has long been fraught with controversy, but Forbes' latest article may have started a brand new debate about her net worth. After the magazine published a piece examining the reality star's financial status, Kylie Jenner slammed Forbes' claims she lied about her fortune in a series of posts on Twitter.

The magazine named Jenner — who was 21 at the time — the youngest self-made billionaire in March 2019, thanks to her Kylie Cosmetics empire, but they stripped her of that status on Friday, May 29, after publishing an piece claiming that Jenner and her team lied about her wealth. In the article, Forbes claimed that newly released documents from Coty Inc. (which bought Kylie Cosmetics in November 2019) reveal that "Kylie’s business is significantly smaller, and less profitable, than the family has spent years leading the cosmetics industry and media outlets, including Forbes, to believe."

The outlet also alleged that Jenner and her team shared "tax returns that were likely forged" with them for their piece, and held interviews in their CPA's offices, which were presented as the Kylie Cosmetics headquarters.

Jenner herself responded to the article in a series of tweets on Friday morning, claiming that Forbes' piece was "inaccurate" and that she's never tried to misrepresent her business.