Kylie Jenner reacts as Forbes reverses her rating as youngest billionaire
Jun. 01, 2020
Forbes magazine has reversed it’s earlier rating of reality TV star, Kylie Jenner as the world’s youngest self-made billionaire.
Forbes, on Friday said that it no longer believe that her net worth was that much after reviewing a financial data released by Coty Inc, which bought a 51 per cent stake in Kylie’s Cosmetics company in November 2019.
DAILY POST recalls that Forbes had in March 2019 officially declared Kylie the youngest self-made billionaire of all time, snatching the title from Facebook founder, Mark Zuckerberg.
They reported that Jenner amassed a personal net worth of $1 billion through her range of make-up, Kylie Cosmetics.
However, Forbes has now estimated the net worth of Kylie who is now 22, at around $900 million.
Reacting, Kylie took to her Twitter page to express disappointment over what she alleged as unproven assumption by Forbes magazine.
According to her, she is blessed to have a successful business and never asked anyone to declare her as the youngest billionaire.
Her tweet reads: “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 have never asked for any title or tried to lie my way there EVER.
“Blessed beyond my years, I have a beautiful daughter, and a successful business and I’m doing perfectly fine.
“I can name a list of 100 things more important right now than fixating on how much money I have.”
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