Kylie Jenner net worth dropped, She has locked horns with Forbes magazine over her former billionaire status. Now which not belongs to her after an explosive report published by the location unraveling shocking claims.
The matter ensued when Kylie got dropped off the list of billionaires by Forbes, which stated that the makeup mogul had been lying right along so as to seem wealthier than she actually is while inflating the success of her brand’s profit and forging taxes within the due process of law.
Web of lies Kylie Jenner Net worth Mid of 2020
All of this has left people brooding about the particular net worth of the Kardashian-Jenner clan’s youngest member.
According to the bombshell report by Forbes, Kylie’s net worth, as of 2020, stands at $900 million, hence her revoked billionaire status.
In a given year, Kylie earns around $40 – $100 million from her various endeavors. The overwhelming majority of her net worth comes from a cosmetics company called Kylie Cosmetics. However, in November 2019, Kylie sold 51% of her company to Coty Inc. for $600 million.
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As reported by Celebrity Net Worth, as of May 2020, although Kylie earned around $340 million after taxes from the sale, the worth of her remaining 45% stake within the brand has gone down significantly.
Contrary to Forbes’, the estimate of Kylie Jenner net worth is $900 million, Celebrity Net Worth reported it’s actually $700 million only.
Following may be a breakdown of Kylie’s yearly net worth milestones: