Forbes Revoked Kylie Jenner’s Billionaire Status – And Claimed She’d Spun A Web Of Deceit

Kylie Jenner is rich — that’s beyond any doubt. Anyone who’s seen her on reality TV knows she enjoys an incredibly luxurious lifestyle. But how rich is she, really? Since March 2019, the business analysis magazine Forbes had listed her as a billionaire. But just over a year later, they revoked that — and made some pretty shocking allegations.

In May 2020, Forbes released an article which shocked many people, not to mention Kylie herself. It was headlined, “Inside Kylie Jenner’s Web of Lies — And Why She’s No Longer a Billionaire.” It began, provocatively, “More than a decade into their fame, the Kardashian-Jenners tend to induce eye rolls and sighs among jaded media consumers.”

The article went on, “But when it comes to their wealth, even critics of reality TV’s first family are intrigued; the Kardashian-Jenner machine — and the cash it generates — has been the subject of articles, podcasts, even books. But no one cares more about the topic than the family itself, which has spent years fighting Forbes for higher spots on our annual wealth and celebrity earnings lists.”

Indeed, the Kardashian-Jenners are very, very good at accumulating wealth. Kim Kardashian, Kylie’s famous half-sister, is worth around $72 million, according to Forbes. The family reality TV show Keeping Up with the Kardashians netted her enough money to be set for life, as did her make-up line KKW Beauty.

Indeed, Keeping Up with the Kardashians made the whole family incredibly rich. Kylie’s other family members — Khloé, Kourtney, Kris, Caitlyn, Kendall, Rob — all command fortunes of over $10 million, in some cases much more. And Kylie’s ex, Travis Scott, the father of her child, has $58 million in assets from his career as a music artist.