Kylie Jenner shared a few thoughts on Forbes' challenge of her billionaire title and the success of her Kylie Cosmetics beauty brand. 😯
Following a bombshell report accusing Jenner and her financial supervisors of "creating tax returns that were likely forged" to inflate her wealth for publicity purposes, the 22-year-old took to Twitter to discredit the story.
"What am i even waking up to," she wrote Friday morning. "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 of tried to lie my way there EVER. period."
In the piece at hand, reporters Chase Peterson-Withorn and Madeline Berg argue that Jenner and her mother, Kris Jenner, misled Forbes and other media outlets to believe that Kylie Cosmetics was more financially successful than what was true.
Their investigation was launched shortly after beauty conglomerate Cody acquired a 51% stake in Kylie Cosmetics in November 2019 for $600 million and revealed that the start-up generated around $125 million in revenue in 2018.
According to the report, the Jenners previously used false tax returns to convince Forbes that the business did $360 million that year, over $200 million more than the actual amount, therefore boosting the outlet's estimates of Jenner's earnings.
"While we can’t prove that those documents were fake (though it’s likely), it’s clear that Kylie’s camp has been lying," the article reads.
Forbes estimated Jenner's worth to be around $900 million when they crowned her the soon-to-be "youngest self-made billionaire ever" and placed her on the cover of the July 2018 issue.
Yet, they haven't wandered too far from their original $900 million estimate, placing her current net worth just under that mark.
Jenner's response also included the question of whether Forbes had any proof that her tax returns were faked beyond a trail of supplemental evidence. "So you just THOUGHT they were forged? like actually what am i reading," she wrote.
Getting worked up about your reputation as a billionaire is, let's say, a rare privilege, and Jenner seems to recognize her privilege in some sense.
"I am blessed beyond my years," she noted in one tweet, later adding "I can name a list of 100 things more important right now than fixating on how much money i have."
Neither Forbes nor either of the authors have yet to counter Jenner as of the time this update was published.