Forbes has changed its mind about considering Kylie Jenner a billionaire. She lied about the size of her business, magazine claims
Forbes magazine has reassessed the fortune of American model Kylie Jenner, reducing its size from a billion dollars to 900 million. Of these, the model, according to Forbes, received $ 340 million from a deal with Coty, which in November 2019 announced the purchase of Jenner's cosmetics brand. The rest is the cost of Jenner's stake in Kylie Cosmetics, which, according to Forbes, is not 49%, as claimed, but 44.1%.