Kylie Cosmetics is 'less profitable than the family has spent years leading the cosmetics industry and media outlets to believe.'
The outlet goes into great detail explaining why the numbers the Kardashian-Jenner family gave for Kylie Cosmetics were questionable, especially after comparing them to the numbers following Coty's acquisition. You can see that breakdownreports that with this new information the COVID-19 climate, Jenner's net worth is now, according to their calculations,"just under $900 million.
"More than a third of that is the estimated $340 million in post-tax cash she would have pocketed from selling a majority of her company," the outlet.
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