Kylie Jenner, formerly crowned the youngest self-made billionaire in America by Forbes, has been outed as a non-billionaire by none other than Forbes itself.
breaks down how Jenner lied about the success of her cosmetics company for years. Make no mistake, Jenner is not suddenly poor. She is simply less rich thanwas led to believe, which seems to have upset the publication, as is evident in the tone of their report, which states:
Of course white lies, omissions and outright fabrications are to be expected from the family that perfected—then monetized—the concept of “famous for being famous.” But, similar to with his net worth, the unusual lengths to which the Jenners have been willing to go—including invitinginto their mansions and CPA’s offices, and even creating tax returns that were likely forged—reveals just how desperate some of the ultra-rich are to look even richer.That faint sound you hear is the sound of laughter from all the people who spent years claiming Kylie’s lip kits were just an upsold dupe of ColourPop Cosmetics formula, only to be silenced by Kardashian-Jenner stans.
The crown jewel in Kylie Jenner’s empire, Kylie Cosmetics, was reportedly sold to Coty in a deal that was valued at over $1 billion. But according to, public filings from Coty showed that Kylie Cosmetics wasn’t as profitable as the cosmetics industry had been led to believe. The deal that was supposed to solidify Jenner’s place amongst the billionaire elite appears to only have made her a few hundred million dollars.
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