Published 14:34 IST, June 5th 2020
Kylie Jenner becomes 'World's highest paid celebrity' after Forbes' 'billionaire' claim
As per reports, Kylie Jenner has been crowned 'World's Highest-paid celebrity' status after Forbes revoked her billionaire status. Read more details here.
Recently, Forbes magazine gave Kylie Jenner the number one spot on its 2020 Celeb 100 list, ranking her as the world's highest-paid celebrity in terms of her annual pay. As per the publication, Kylie Jenner earned $590 million over the past year, most of which was due to beauty giant Coty buying a 51 percent stake of her own brand, Kylie Cosmetics, last January. This comes after the reality show star sold the share for $600 million, which led to her earning $540 million before tax.
If the reports are to be believed, Kylie Jenner's brother-in-law stands second in the list, after he had a controversy with the publication over his net worth. Reportedly, Kanye West acquired $170 million over the past year, which is said to be down to his fashion line Yeezy. Earlier in 2019, Forbes magazine revealed that Kylie Jenner was the world's youngest self-made billionaire. However, in 2020, the publication accused the Jenner family of inflating figures and 'forging' tax returns for the makeup mogul's cosmetics company, due to which the beauty mogul reportedly had a fallout with mother-cum-manager Kris Jenner.
Jenner's fall out with mom Kris
If the reports are to be believed, Kylie Jenner even 'refused to take calls' from mother Kris Jenner, as the star mom reportedly lied about Kylie's $1billion worth. Reportedly, Kris Jenner is petrified that Kylie could sack her or cut her off, and hence, tensions are at an all-time high in the Kardashian-Jenner blended family. As per a report published by a leading news daily, Kris Jenner gets ten percent of the deals, which involve Kylie.
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As per reports, Kylie Jenner has now entered into a panic mode, following the Forbes fiasco, as the beauty mogul is at a loss over who to trust. Recently, Kylie Jenner took to her Twitter handle to share a tweet, rubbishing the claims made by Forbes. Take a look.
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 Jenner (@KylieJenner) May 29, 2020
Updated 14:34 IST, June 5th 2020