Updated: May 29, 2020 at 1:49 EST.
Kylie Jenner has transformed from the youngest of the Kardashian-Jenner clan to a makeup mogul industry giant.
Kylie is thought to be the richest among the Kardashian-Jenner family. But all may not be as it seems.
Forbes has cast doubt on the claim by taking a look at her business ventures and takings over the years.
Forbes has compiled various pieces of evidence that have led it to the conclusion that Kylieโs been telling fibs.

The magazine has dealt a good deal with Kylie (as well as her sister Kim Kardashian) as front cover stars, meaning they had access to the accountant behind Kylie Cosmetics.
Forbes goes into great detail explaining why the numbers the Kardashian-Jenner family gave for Kylie Cosmetics were questionable, especially after comparing them to the numbers following Cotyโs acquisition. You can see that breakdown here.
Forbes reports that with this new information and the COVID-19 climate, Jennerโs net worth is now, according to their calculations, โjust under $900 million.โ

โMore than a third of that is the estimated $340 million in post-tax cash she would have pocketed from selling a majority of her company,โ the outlet explained of its calculation. โThe rest is made up of revised earnings based on her businessโs smaller size and a more conservative estimate of its profitability, plus the value of her remaining share of Kylie Cosmeticsโwhich is not only smaller than the Jenners led us to believe, but is also worth less now than it was when the deal was announced in November, given the economic effects of the coronavirus.โ
But, Forbesโ Chase Peterson-Withorn and Madeline Berg reported this week that Jenner and her mother, Kris Jenner, inflated their wealth in documents they provided to the publication about Kylieโs personal wealth and her companyโs revenue.
โItโs clear that Kylieโs camp has been lying,โ Forbes reported.
Forbes said the Jenners have previously invited the publication into their homes and accountantsโ offices, and provided Forbes with tax returns โthat were likely forged.โ

The magazine compared the Jennersโ maneuvers to those of Donald Trump, writing, โThe unusual lengths to which the Jenners have been willing to goโฆ reveals just how desperate some of the ultra-rich are to look even richer.โ
Her wealth is likely closer to just under $900 million, according to Forbesโ estimate. The median household net worth in the United States is around $97,300.
UPDATE!
Kylie Jenner has responded to the allegations in a series of tweets!
โwhat am i even waking up to. i thought this was a reputable site.. all i see are a number of inaccurate statements and unproven assumptions lol. iโve never asked for any title or tried to lie my way there EVER. period,โ she wrote.
โโeven creating tax returns that were likely forgedโ thatโs your proof? so you just THOUGHT they were forged? like actually what am i reading.โ
โbut okay ๐ค i am blessed beyond my years, i have a beautiful daughter, and a successful business and iโm doing perfectly fine. i can name a list of 100 things more important right now than fixating on how much money i have.โ
It look like she has the Trump deflection skills down pat.
โthis is literally the LAST thing iโm worried about right now,โ she said in response to someone who wrote: โThis is what youโre worried about right now?โ
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