The financial life of businesswoman Kylie Jenner, 22, has been in evidence in the last few days after Forbes magazine took her title as “youngest billionaire in history” after saying she lied about the value of her company and forged tax returns.
Kylie has also been drawing the attention of the press due to her most recent acquisitions. In recent months, the socialite has bought a new mansion, a jet and new properties.
“She probably spent more than $ 130 million (more than $ 700 million in the current conversion) in the last year,” a source told Page Six .
Kylie’s exorbitant spending has even raised concerns among the other stars of the Kardashian-Jenner clan. “Kylie’s sisters are concerned about her spending. Yes, she has a lot of money, but she doesn’t seem to realize how easy it is to spend everything,” said the informant.
In 2018, Kylie took first place in the ranking of young billionaires who built their own fortune published annually by Forbes magazine. However, last week the same Forbes reported the figures provided by Kylie’s representatives were false.
According to the magazine, the socialite created a “web of lies” to increase the success and the market value of its cosmetics company. To support the lie, she would have even forged tax returns, the publication said, which estimates Kylie’s real fortune to be just under $ 900 million.
After Forbes released the accusations against Kylie, the youngest of the Kardashian-Jenner clan used Twitter to defend itself. “I thought this was a respectable site. All I see is a series of inaccurate statements and unproven assumptions. I never asked for a title or tried to lie,” said the businesswoman.