Kylie Jenner never really needed Forbes to name her “The richest young woman in history” to make your cosmetic brand a success. But any free advertisement is very well received, especially when it comes from one of the most important magazines in the world, who gives your business a comprehensive report and praises you for the business management you have.
What was happy last year for socialite fans, now it is not.
As; yes, Forbes just talked about Kylie Cosmetics again, but not exactly to say good things.
In fact, the magazine accuses the youngest Kardashian-Jenner of having lied about her true wealth and inflating the value of the company, something that has caused the magazine to withdraw the title of the fastest person under the age of 21 became a billionaire.
Apparently Kylie hid the taxes she had to pay the year before after selling 51% from the company to Coti.
After all this, the company decided to analyze the sales volume, concluding that Jenner’s company “It is significantly smaller and less profitable than what the family has been selling to the media.”
Forbes says that the public figure has been doing it since 2016 “We cannot prove that the documents she has submitted are false, although it appears to be. What is clear is that Kylie has been lying.
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