Kylie Jenner is a reality star. Some sources suggest that she is a self-made billionaire. And she also owns a cosmetic company. And this could have been concrete evidence. Because the company earned a lot. But Forbes has other ideas. Is Kylie Jenner a self-made Billionaire? What is her Calabasas Home’s worth? Scroll down to know more about her business and personal activities.
Not weeks ago, she purchased her new luxury home worth $36.5 million. Her former home at Calabasas, California is for sale now. Yes!! She sells her home which has a value of $3.6 million. But her new home’s original price is $55 million. So fans now wonder if she is a real billionaire. But she has a different answer. Is Kylie Jenner a self-made Billionaire? What is her Calabasas Home’s worth?
Forbes Vs Kylie Jenner
Forbes magazine placed Kylie in the list of self-made billionaires last year. Recently, it removed her from the list. Forbes suggests that she “inflates the size and success of her business.” For which, Kylie Jenner took to Twitter that she never wanted a title. She writes, “I thought this was a reputable site… All I see are several inaccurate statements and unproven assumptions lol. I’ve never asked for any title or tried to lie my way there EVER. period.”
But Forbes replies as “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.” And this escalated the tensions between the star and the magazine.
Inside Kylie Jenner’s Home
The house that is currently for sale is a grand deal. It has six bathrooms, a master bedroom, five other bedrooms, a swimming pool, a private spa, and an outdoor kitchen. It is in the Oak neighborhood where Kardashians live in large numbers. Its total area is 5000 square feet. Is Kylie Jenner a self-made Billionaire? What is her Calabasas Home’s worth?
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Unfortunately, Kylie can face legal issues on grounds of falsified tax documents after the Forbes report.
Effect of Forbes Issue
After Forbes removed her name from the billionaires’ list, the share value of her cosmetic company decreased to 10.4%. Earlier, she sold 51% of the company’s shares to Coty. So it is Coty who is suffering from the decreased share values in the market. Is Kylie Jenner a self-made Billionaire? What is her Calabasas Home’s worth?