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Forbes drops Kylie Jenner from billionaire list

Forbes drops Kylie Jenner from billionaire list

Forbes magazine, which once declared Kylie Jenner a billionaire on its cover, says she no longer deserves the title, but Jenner is pushing back.

Forbes said in a story posted on Friday that an examination of financial filings after the reality star and beauty mogul sold a majority share in her cosmetics company revealed that Jenner’s worth was inflated. Jenner sold 51 per cent of her Kylie Cosmetics company to Coty in a deal valued at US$1.2 billion early this year.

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