Kylie Jenner is no longer a billionaire, according to Forbes. After analyzing the financial data provided by Coty Inc, which has recently bought 51% shares of Kylie Cosmetics, the magazine concluded that Kylie’s net is worth only $900 million.
According to Forbes, even though Kylie’s company has been affected by falling demand during the pandemic, the income of the business has always been greatly exaggerated.
Kylie Jenner negatively reacted to the article on her Twitter account, writing that the magazine used inaccurate statements and unproven assumptions.
