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Kylie Jenner was conspicuously absent from the Forbes 2021 lists of the world’s billionaires.
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Jenner was denounced by Forbes last year for exaggerating her claims about her net worth.
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It was later estimated to be worth around $ 900 million, not $ 1 billion.
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Kylie Jenner has been officially kicked from this year’s Forbes billionaire rankings, just two years after she was controversially named “the world’s youngest self-made billionaire.”
The 23-year-old socialite, along with 61 others, were removed from Forbes’ 35th annual billionaire list, announced on April 6.
Jenner got rich thanks to her company Kylie Cosmetics, valued at around $ 1.2 billion. Last year, it sold 51% of its property to Coty Brands for $ 600 million.
Forbes reported later in 2020 that Jenner and her mother and manager Kris Jenner had “inflated” their wealth in documents they sent to Forbes, accusing the “Kylie camp” of “lying.”
Mother-daughter duo Jenner reportedly invited Forbes to their homes and their accountants’ offices, and gave Forbes tax returns that were “falsified.”
Forbes reporters compared what the Jenners did to Donald Trump’s maneuvers and efforts to appear richer than he actually was, then estimating that Kylie Jenner’s wealth was probably closer to “a little less of $ 900 million “.
Jenner’s current net worth is estimated to be around $ 700 million. But another Kardashian-Jenner member has made his mark: Jenner’s half-sister Kim Kardashian West is now officially a billionaire.
Forbes reported yesterday that Kardashian West is now worth $ 1 billion, following the success of KKW Beauty and her shapewear company Skims.
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