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There’s Trouble Between Kylie Jenner and Kris Jenner Over Claims That She’s Not A Billionaire!

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Kylie Jenner is reportedly furious with her momager, Kris Jenner and she’s not taking any of her calls. This is because of claims that she’s not a billionaire. Forbes recently published a report titled, “Inside Kylie Jenner’s Web Of Lies-And Why She’s No Longer A Billionaire”. The report said, “Earlier this year, Kylie Jenner sold half of her cosmetics company in one of the greatest celebrity cash-outs of all time. But the deal’s fine print reveals that she has been inflating the size and success of her business. For years.” The report also revealed that her cosmetics company made $900 million and not the $1 billion that was originally reported.

Kylie responded to the Forbes report with a series of tweets. Here’s what she said:

“What am I even waking up to. I thought this was a reputable site…all I see are a number of inaccurate statements and unproven assumptions lol. I’ve never asked for any title or tried to lie my way there EVER. period.” 

Kylie never took down the claims, she only responded to them. This makes us wonder, ‘Could the claims in the report be true?’

What Is Happening Between Kylie Jenner And Kris Jenner?

Kylie Jenner

Kylie is reportedly furious with her mom, Kris Jenner and she is not taking any of her calls after the Forbes report came out. According to The Sun’s report, “Kris-who reportedly gets ten percent of Kylie’s deals-is in panic mode. Kylie won’t answer the phone for Kris and is at a loss over who to trust. Kris is petrified Kylie could sack her or cut her off so tensions are at an all-time high.” Kris is also Kylie’s manager and she is worried about the outcomes of this mess they are in!

What Else Did The Forbes Report Reveal?

The report said 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 report also stated, “Forbes now thinks that Kylie Jenner, even after pocketing an estimated $340 million after taxes from the sale, is not a billionaire.”

Kylie recently bought a new home worth $36.5 million and she let out her former Calabasas home for sale! Her California house is for sale at a price of $3.6 million. But what makes us wonder is that her new home’s original price is $55 million! So, is she really a billionaire? Is there a possibility that the claims made by Forbes are true? Is Kylie Jenner just trying to show her wealth off to the world?

 

 

I am a passionate writer just trying to figure out life and myself. Writing has always been a way of expressing myself, hence most of my work is pretty raw and unprocessed. I try my best to be unapologetic about what I write. This internship in ByProduct Ventures has allowed me to push myself and see what all I am capable of. I have always pictured the future me as someone very creative and this opportunity takes me one step towards that. Apart from writing, I also love expressing myself by painting or drawing. All I want from life is to keep learning, falling and rising and to live every moment like it is my last! (aditigautam1705@gmail.com)

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