"What am I even waking up to", wrote Jenner on Twitter Friday morning after the story was published. "So you just THOUGHT they were forged? like actually what am i reading".
We can argue the semantics of the "self-made" portion of that title for decades (in fact, we've been doing so for more than a year), but a more pressing correction stands: Forbes reports that Jenner is no longer a billionaire, and they claim it's unclear if she ever actually was.
"If Kylie Cosmetics did $125 million in sales in 2018, how could it have done $307 million in 2016 (as the company's supposed tax returns state) or $330 million in 2017?"
"Kylie's business is significantly smaller and less profitable than the family has spent years leading the cosmetics industry and media outlets, including Forbes, to believe." .
It was reported that Jenner amassed a personal net worth of $1billion through her wildly successful range of make-up, Kylie Cosmetics.
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And while Jenner said she didn't want the title in the first place, the news outlet claims Jenner's publicists campaigned to "get a Forbes cover for Kylie", beginning in 2016. Though she's far from broke with a recalculated net worth of just under $900 million.
The reality star has involved her legal team in the situation and is now demanding that the outlet withdraw their claims that she "lied" about her finances.
"It is sad that, of all things, Forbes has devoted three reporters to investigate the effect of the coronavirus crisis on Kylie's net worth", Kump said.
Forbes magazine, which branded Kylie Jenner the "youngest-ever self-made billionaire", is stripping her of the title in a dramatic fashion. However, on Friday (May 29th), the business publication accused Kylie of "lying about company figures and forging tax returns", thus "exaggerating" her wealth.
She concluded her message writing, "Don't let his name be forgotten. keep sharing, keep watching, keep speaking out, because it's the only way we can come together to help bring this much needed change and awareness".