In 2019 Forbes named Kylie the youngest self-made billionaire ever, however 2020 is a different story. Check out the cosmetics mogul's net worth for this year.
According to Forbes, as of 2020 Kylie is no longer a billionaire. Apparently Forbes claims that the Jenner's could have exaggerated the profitability of Kylie Cosmetics which was valued in $800 million as well as their net earnings since 2016.
Jenner’s net worth is just under $900 million. The majority of her earnings came after selling 51% of her beauty company to Coty, Inc.
The recent coronavirus pandemic had a toll on Jenner's economy. Regarding Kylie's remaining net income Forbes said that "the value of her remaining share of Kylie Cosmetics—which is not only smaller than the Jenner's led us to believe but is also worth less now than it was when the deal was announced in November, given the economic effects of the Coronavirus."
Kylie's response to Forbes on Twitter.
Have the Jenner's been lying about their income? Check out Forbes investigation in the video below.