Article was first published in 2020
Kylie Jenner‘s legal team is speaking out in response to the Forbes article that claims she is not a billionaire.
The outlet accused Jenner and her team of “inflating the size and success of her business for years.” They say that she has pocketed around $340 million from her Kylie Cosmetics company, not the $1 billion that has been reported.
Kylie‘s lawyer Michael Kump told TMZ, “We have reviewed Forbes’ article accusing Kylie of engaging in deceit and a ‘web of lies’ to inflate her net worth. The article is filled with outright lies. Forbes’ accusation that Kylie and her accountants ‘forged tax returns’ is unequivocally false and we are demanding that Forbes immediately and publicly retract that and other statements.”
The lawyer added, “It is sad that, of all things, Forbes has devoted 3 reporters to investigate the effect of the coronavirus crisis on Kylie’s net worth. We would not expect that from a supermarket tabloid, much less from Forbes.”
Kylie has also spoken out in response to the claims made in the article.