Kylie Jenner and mom Kris secretly ‘worried’ about Forbes’ claims mogul lied about billionaire status and brand profits
KRIS and Kylie Jenner are secretly "worried" about Forbes' claims the famous family lied about the self-made billionaire's wealth and profits.
Forbes magazine claimed on Friday that the youngest of the -Jenner clan "inflated the size and success of her business for years."
After Forbes claimed , 22, had , family sources are now saying that the mother-daughter duo is on edge.
An informant told The Sun exclusively: "and Kylie are freaking out and fear that this is going to hurt their brand, and even worse, they could be in trouble with the government."
Despite claims that the family is now worried they might be in trouble with the government, Kylie told her Twitter followers that Forbes' claims are the last thing on her mind right now.
She wrote: "What am I even waking up to. I thought this was a reputable site.
"All I see are a number of inaccurate statements and unproven assumptions lol.
"I've never asked for any title or tried to lie my way there EVER. period."
She continued: "'Even creating tax returns that were likely forged,' that's your proof?
"So you just THOUGHT they were forged? Like actually what am I reading."
Then, the star insisted she's "blessed" beyond her years, and is doing "perfectly fine."
Not done yet, she responded to a fan who asked if she was really worried about the article.
The star snapped: "This is literally the LAST thing I'm worried about right now."
Just this morning, news broke that Forbes was putting Kylie's billionaire status in question after posting a scathing article.
Reporters Chase Peterson-Withorn and Madeline Berg claimed: "Forbes has recalculated Kylie’s net worth and concluded that she is not a billionaire.
"A more realistic accounting of her personal fortune puts it at just under $900 million, despite the headlines surrounding the Coty deal that seemed to confirm her billionaire status."
Forbes labeled the star the youngest self-made billionaire in 2019 and she was able to maintain that status in 2020, even after the makeup mogul sold 51 percent of her Kylie Cosmetics company to beauty giant Coty in a deal valued at $1.2 billion.
However, Forbes claimed they decided to do a deep-dive in the fine print of the deal - and discovered not everything was as it seemed.
The writers claimed: "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."
Forbes then claimed the Kardashians went to "unusual" lengths to prove just how wealthy Kylie was, which included "inviting Forbes into their mansions and CPA’s offices, and even creating tax returns that were likely forged."
However, Forbes admitted they could not prove the documents were forged.
Forbes went on to explain that through the years, their financial analysts found it odd that the brand was growing as quickly as it claimed.
They estimated that Kylie Cosmetics was actually a much smaller brand, and speculated that the company inflated the numbers so the mother of one could get the coveted number one spot on the Forbes list.
The article concluded based on their analysis: "More likely: The business was never that big to begin with, and the Jenners have lied about it every year since 2016...to help juice Forbes' estimates of Kylie’s earnings and net worth.
Forbes further claimed: "While we can’t prove that those documents were fake (though it’s likely), it’s clear that Kylie’s camp has been lying."
The magazine also estimated Kylie Cosmetics is now worth less than what it claimed in the Coty deal due to the pandemic.
The Sun reached out to Kylie and Kris Jenner's reps for comment, but they didn't immediately respond.
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The youngest member of the Kardashian-Jenner clan first launched her company back in 2015 with lip kits.
The kits became hugely popular because fans wanted to copy .
In 2018, she expanded her company by launching Kylie Skin, a line of vegan skincare products.