On the 29th of may 2020,forbes released a statement saying that Kylie Jenner, who is famously known for being part of the famous Kardashian family and who is also a business mogul and the owner of Kylie cosmetics.whwn Kylie was just 22years Forbes declared her as the world youngest self made billionaire in 2019.
But of recent Kylie Jenner sold 51% of her company shares to corty another cosmetic giant for 600 million dollars .Corty who made a submit to Forbes debunking the claim that Kylie was a billionaire as the Kylie cosmetics initially submitted an earnings rating showing that they made 315million dollars worth of sales in 2018 but in 2019 it is seen as 215 million dollars.it was later gathered that Kylie Jenner and her company actually inflated her net worth as she is worth less than 900 million dollars.
Kylie has since debunked those claims, saying she never lied her way up there and she didn't ask for the title,it was also gathered that a law suit would be filed against Kylie Jenner.
But of recent Kylie Jenner sold 51% of her company shares to corty another cosmetic giant for 600 million dollars .Corty who made a submit to Forbes debunking the claim that Kylie was a billionaire as the Kylie cosmetics initially submitted an earnings rating showing that they made 315million dollars worth of sales in 2018 but in 2019 it is seen as 215 million dollars.it was later gathered that Kylie Jenner and her company actually inflated her net worth as she is worth less than 900 million dollars.
Kylie has since debunked those claims, saying she never lied her way up there and she didn't ask for the title,it was also gathered that a law suit would be filed against Kylie Jenner.