Forbes, the financial magazine that used to proudly call itself "The Capitalist Tool," has appointed itself the unofficial keeper of the list of the world's billionaires, but its methods of actually verifying private net worths have always been a bit opaque and up to question.

Now, in a rare rebuke, the magazine has retracted its claim that Kylie Jenner is officially a billionaire. The magazine now believes that the 22-year-old beauty mogul is worth only $900 million.

Forbes writers detail a long campaign by the Kardashian-Jenner Industrial Complex to get Kylie's success with Kylie Cosmetics featured in the magazine shortly after her older sister Kim Kardashian was featured on the cover in 2016.

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Kylie Jenner’s company reveals breakdown of BIPOC staff amid Black Lives Matter movement

Black Lives Matter movement.The Kylie Cosmetics Instagram account shared a graphic, where it revealed their staff is made up of 13% Black employees, 47% BIPOC (Black, Indigenous, and people of colour), and 53% white.Next to the graphic, they wrote: ‘Kylie Cosmetics is here for Pull Up for Change, for our team, and for the black community. ‘We are proud of the diversity within our company, with a team of Black, White, Asian, Native American, Hispanic and Middle Eastern women.

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Inside VIP club Kylie Jenner visited where she 'broke social distancing rules'

Kylie Jenner has been itching to let her hair down - like most of us- during the coronavirus lockdown.

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Kylie Jenner accused of flouting social distancing rules as she parties at club

Kylie Jenner headed to a V.I.P nightclub where she partied until 1am this week, after shrugging off the recent Forbes billionaire scandal.

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Kim Kardashian posts sweet snaps of her stoic-looking husband Kanye West wearing a party hat

The festivities continued on the occasion ofKanye West's 43rd birthday on Monday, with his wifeKim Kardashian posting more intimate family shots to her Instagram.In a pair of shots uploaded to the reality star's Instagram Story,West is seen with his typically stoic expression next to their son Saint, four, who sports a Sesame Street costume.Kanye himself wears a conical birthday hat atop his head, decorated with the face of Sesame Street's Bert.

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Kylie Jenner Ignores Social Distancing Guidelines For A Night Out At The Club! WTF, Girl?!

Social distancing for thee, but not for me!

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Kylie Jenner’s ‘remedy for everything’ is simple but the best

mamá of little Stormi Webster , Kylie Jenner , has been experiencing a lot of emotions due to the current social climate surrounding the Black Lives Matter movement and the COVID-19 pandemic. The beauty mogul took to her Instagram page to share what she calls her “remedy for everything” and melted the hearts of fans everywhere.

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Kylie Jenner 'parties until 1am at VIP club and breaks social distancing rules'

Kylie Jenner reportedly partied all night long until 1am with a pal on Sunday.

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Kylie Jenner ignores social distancing visiting LA nightclub

Kylie Jenner is embracing life outside of lockdown, despite the fact Californians are still being advised to stay home, except to go to an essential job or to shop for essential needs.On Sunday, the make-up mogul was pictured on a night out with sister Kendall Jenner's pal Fai Khadra, as they arrived at famed LA hot spot Bootsy Bellows, which was said to have been opened just for them.The vaudeville-inspired venue - owned by actor David Arquette - has recently been closed due to COVID-19, but it appears it is now beginning to re-open its doors for some celebrity clientele.

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Kylie Jenner ignores social distancing visiting LA nightclub

Kylie Jenner Kendall Jenner David Arquette covid-19 guidelines quarantine stars

Kylie Jenner ignores social distancing visiting LA nightclub

Kylie Jenner Kendall Jenner David Arquette covid-19 guidelines quarantine stars

Kylie Jenner Steps Out For Night Out With Friends at Nightclub

Kylie Jenner arrives for a get together with friends on Sunday night (June 7) in Los Angeles.

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Kim Kardashian divorce silenced by Kris Jenner who calls Kanye 'important part of family'

Kris Jenner has paid a gushing tribute to Kanye West following reports he and Kim Kardashian are on the brink of splitting.

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Kylie Jenner Snuggles Kisses Daughter Stormi, 2, In Sweet New Pic — ‘My Remedy For Everything’

Kylie Jenner, 22, is embracing motherhood and holding her precious daughter Stormi, 2, near in the midst of the tough times in the world. The makeup mogul took to Instagram to share a stunning snapshot that showed her holding the tot close and happily kissing her on the cheek on June 7. In the pic, the mother and daughter are sitting on the sitting on some grass in front of steps to a house and Kylie looks comfy in slippers and what looks like a silk robe as Stormi rocks a pink outfit.

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Kylie Jenner - Jessica Alba - Halle Berry - Stanley Tucci - Kylie Jenner, Jessica Alba, Halle Berry booze the boredom away in lockdown during the coronavirus pandemic - thesun.co.uk - Los Angeles

Kylie Jenner, Jessica Alba, Halle Berry booze the boredom away in lockdown during the coronavirus pandemic

KYLIE Jenner is one of many of us who are finding one way to while away the boredom in lockdown - wine. The 22-year-old reality television star may not be able to frequent her usual bouji bars in Los Angeles, but as she has a multi-million dollar mansion, she's creating her own fun at home as she hunkers down with her pal Stassi.

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Travis Scott ‘Is Still Hopeful There’s A Chance’ He Can Get Back Together With Ex Kylie Jenner

Where there’s a will, there’s a way… or something…

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Rosalía rates Kylie Jenner’s love Travis Scott’s Spanish

Rosalía ’s musical relationship with Travis Scott led him to singing in Spanish for the first time. Following their collaboration on the remix of the rapper’s Highest In the Room, the pair teamed up once again for TKN.

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Kylie Jenner - Kanye West - Cristiano Ronaldo - Lionel Messi - Roger Federer - Kylie Jenner tops Forbes' highest-paid celeb list after magazine walks back on her billionaire status - foxnews.com - county Tyler - county Perry - county Howard

Kylie Jenner tops Forbes' highest-paid celeb list after magazine walks back on her billionaire status

According to Forbes magazine's annual list of highest-paid celebrities, Kylie Jenner is the top earner of the year thanks to her successful cosmetics line. The 22-year-old reportedly made $590 million over the past year after she sold a 51 percent stake in her business to beauty company, Coty, in November 2019.

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Kanye West Named Forbes' Highest Paid Musician Of 2020

Ahead of him on that list, sits his wife’s sister Kylie Jenner, who reportedly earned $590 million in large part to her popular cosmetics company. He beat out Elton John, Arianna Grande and the Jonas Brothers to land at the top slot. Other Black celebrities in the top ten: Tyler Perry (#6 at $97 million), LeBron James (#9 at $88.2 million) and Dwayne Johnson (#10 at $87.5 million).The list is being published at a precarious time in the music industry. The touring that heavily contributes to artists’ revenues has ceased as a response to the COVID-19 pandemic. West, who publicly protested his absence from the magazine’s Billionaires list, provided the publication with ample receipts of his income.

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Kylie Jenner enters Forbes' highest-paid celebs list; billionaire status remains disputed

Forbes has named Kylie Jenner the world's highest-paid celebrity in the year 2020, but has not restored her billionaire status despite being approached by her lawyers.Kylie Jenner earned several accolades last year when Forbes declared her the "world's youngest self-made billionaire" at the age of 21. However, the finance magazine published a controversial report last week saying that the makeup mogul is not a billionaire as it previously declared, and even alleged that the celeb and her accountants "forged tax returns.""Inside Kylie Jenner's Web of Lies — And Why She's No Longer a Billionaire," the report was titled, to which Kylie Jenner responded by saying she "never asked for any title or tried to lie" her way over there.

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Kylie Jenner - Kanye West - Kylie Cosmetics - Marc Jacobs - Kylie Jenner tops Forbes' highest earning celebrities list despite losing billionaire status - msn.com

Kylie Jenner tops Forbes' highest earning celebrities list despite losing billionaire status

highest earning celebrity of 2020 - thanks to the mammoth sale of her brand Kylie Cosmetics.The star, who netted over $500 million for the sale, beat the likes of Kanye West, professional athletes and actors to the top of the list.

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Not a billionaire, but Kylie Jenner is highest-paid celebrity, Forbes says

LOS ANGELES (Reuters) - Kylie Jenner and Kanye West on Thursday topped the annual Forbes list of the highest paid celebrities, but sports stars, including Roger Federer and Lionel Messi, dominated the top 10.

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The World's Highest Paid Celebrities: Kylie Jenner TOPS Forbes 2020 list; BTS rank #47 with USD 50 million

2020 feels like the endgame for humanity as the world is trying to slowly get past the coronavirus pandemic. However, the damage has already been done, whether it be the loss of life or even the economy being affected drastically. Yet, that doesn't stop celebrities from bringing in the big dough as evidenced by Forbes' 2020 list of The World's Highest-Paid Celebrities. The 100 celebrities who made it to the prestigious list had combined earnings of USD 6.1 billion, which is USD 200 million lesser than 2019.

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Kylie Jenner - Kim Kardashian - Lionel Messi - Roger Federer - Forbes highest-paid celebrities: Kylie Jenner tops, Akshay Kumar only Indian on the list - livemint.com - India

Forbes highest-paid celebrities: Kylie Jenner tops, Akshay Kumar only Indian on the list

Forbes estimated that Jenner earned $590 million in the last 12 months, mostly from the sale of a 51% stake in her Kylie Cosmetics line to Coty in 2019

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Kylie Jenner not a billionaire but still tops Forbes highest paid celebrity list

Kylie Jenner may have been stripped of her billionaire status by Forbes but she has still be named the top celebrity earner of the past year.

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Kylie Jenner and Travis Scott are ‘close’ to getting back with each other as they isolate together

Lockdown may have been good for Kylie Jenner and Travis Scott’s relationship as they have been in isolation together despite splitting up eight months ago.

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Kylie Jenner crowned highest paid celebrity of 2020 despite Forbes allegations

Kylie Jenner has topped Forbes magazine’s highest-paid celebrity list for 2020, despite editors at the magazine questioning the real value of her business empire.

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Kylie Jenner 'to speak out on Forbes takedown' on Keeping Up With The Kardashians

The fallout from Kylie Jenner's Forbes magazine exposé in which they questioned her billionaire status will be aired on the next season of Keeping Up With The Kardashians.

Kylie Jenner pandemic Coronavirus

Kylie Jenner - Kanye West - Kylie Jenner Named Highest Paid Celeb Of 2020 After Raking In $590M This Year Amidst Fake Billionaire Claims - hollywoodlife.com

Kylie Jenner Named Highest Paid Celeb Of 2020 After Raking In $590M This Year Amidst Fake Billionaire Claims

Kylie Jenner is the highest paid celebrity of 2020 so far, according to Forbes. The outlet aggregated the list of the top celebs in the last 12 months, between 2019 and 2020, in terms of annual pay. The Lip Kit mogul, 22, raked in an incredibly impressive $540 million before taxes after she sold 51% of her Kylie Cosmetics line to the publicly traded company Coty, Inc. for $600 million in November 2019. Also at the top spot next to Kylie was her brother-in-law Kanye West, who also brought in an equally impressive $170 million, between his fashion line and deal with Adidas for the sneaker brand Yeezy.

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Kylie Jenner Tops 'Forbes' Magazine's Highest-Paid Celebrities List Amid Billionaire Title Drama

Despite Kylie Jenner's recent feud with over her billionaire title, the magazine did give her the No. 1 spot on its 2020 Celeb 100 list, which ranks the world's highest-paid celebrities in terms of annual pay.

Kylie Jenner 2020 Coronavirus

The SKIMS Waist Trainer From Kim Kardashian's Shapewear Line Is Back in Stock!

Business is booming at SKIMS! After debuting seamless face masks and the Summer Mesh Collection in the past month alone, Kim Kardashian West's shapewear line has restocked its popular SKIMS Waist Trainer.

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Kylie Jenner - Kris Jenner - Kylie Jenner Wants People To Stop ‘Fixating’ On Her Bank Account — As Wild $130 Million Spending Spree Is Revealed! - perezhilton.com

Kylie Jenner Wants People To Stop ‘Fixating’ On Her Bank Account — As Wild $130 Million Spending Spree Is Revealed!

Billionaire or not, Kylie Jenner really doesn’t want to be the focus of attention after Forbes‘ scathing exposé on Friday revealed the star and her team seemingly inflated her company’s valuation and in turn, her net worth.

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Kylie Jenner - Kris Jenner - Caitlyn Jenner - Kylie Jenner 'blew millions of dollars on private jets and mansions' ahead of having billionaire status stripped - ok.co.uk

Kylie Jenner 'blew millions of dollars on private jets and mansions' ahead of having billionaire status stripped

Kylie Jenner blew millions of dollars on private jets and mansions before having her billionaire status revoked, according to reports.The 22 year old was named the world's youngest ever self made billionaire last year, but Forbes have now adjusted her worth to just under $900million, claiming she "likely faked tax returns". Although the Keeping Up With The Kardashians star still has a huge amount of money, a new report suggests she may be spending her fortune fast.

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Kylie Jenner - Kris Jenner - Kylie Cosmetics - Kylie Jenner wants people to stop keeping a track of her bank balance post fallout with Forbes - pinkvilla.com

Kylie Jenner wants people to stop keeping a track of her bank balance post fallout with Forbes

Kylie Jenner wants people to stop keeping a track of her bank Kylie Jenner was announced as the youngest self-established billionaire by Forbes for the second time in 2020. Being the owner and founder of her beauty brand Kylie Cosmetics, Kylie Jenner's net worth stood at USD 1 billion at the beginning of 2020.

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Inside Kylie Jenner’s jaw dropping $130m spending spree and the Forbes row

It was revealed last week by Forbes that Kylie Jenner had been stripped of her billionaire title after it was claimed that her finances are a ‘web of lies.’

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How Kylie Jenner gained 41m Instagram followers in a year before being named 'billionaire'

Kylie Jenner has amassed 179 Instagram followers on Instagram since joining the social media site.

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Kylie Jenner's sisters 'concerned about her spending' after she blew £100m in 12 months

Kylie Jenner's finances have caused a huge stir lately, with claims that she faked being a billionaire.

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Kylie Jenner 'blew through $130M on private jet and mansions'

Kylie Jenner's billionaire status was stripped from her by Forbes last week as it exposed was it claimed is a 'web of lies' surrounding the state of her finances.Amid accusations that the Jenner family 'inflated' the makeup mogul's net worth and that she's actually only worth $900 million, a new report claims Kylie has certainly been living like a billionaire.The 22-year-old reality star has reportedly spent over $130 million in the past year alone, dropping millions on multiple real estate deals and a top of the range private jet. Kylie Jenner 'blew through over $130 million in the past year' a new report claims.

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What the Kardashians are really worth as Kylie Jenner is exposed as 'fake billionaire'

Kylie Jenner has furiously fired back after being stripped of her status as the world's youngest self-made billionaire in the wake of an investigation by Forbes.

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Kylie Jenner Wants People to Stop Focusing on How Much Money She Has Following 'Forbes' Fallout: Source

Kylie Jenner is ready to move forward after magazine accused her of faking her finances in order to appear more wealthy than she actually is. Last week's exposé claimed that the makeup mogul, who had previously been dubbed the youngest self-made billionaire ever by the magazine, lied about her earnings for years and backed up those numbers with falsified tax returns.

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Kylie Jenner - Stormi Webster - George Floyd - Kylie Jenner Admits Her Fears of Raising Stormi Webster amid Racial Unrest in America - harpersbazaar.com - Usa

Kylie Jenner Admits Her Fears of Raising Stormi Webster amid Racial Unrest in America

Kylie Jenner took to Instagram over the weekend to express her distress over the recent killing of George Floyd. Jenner also shared that she fears for her daughter, Stormi Webster, as she grows up in a racially charged America.

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Kylie Jenner - Stormi Webster - George Floyd - Kylie Jenner Reveals That She Fears for Stormi's Future While Speaking Out About George Floyd's Death - marieclaire.com - city Minneapolis

Kylie Jenner Reveals That She Fears for Stormi's Future While Speaking Out About George Floyd's Death

This week, many celebrities have joined the millions speaking out about the devastating death of George Floyd, the Minneapolis man who died after a (now former) police officer held him down by pressing his knee into Floyd's neck for several minutes amid protests from Floyd and bystanders alike. On Friday, Kylie Jenner posted a message on Instagram encouraging her followers to fight for justice for Floyd.

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Kylie Jenner 'refusing to answer calls from Kris amid billionaire lies scandal'

Kylie Jenner has blacklisted her own mother and is blocking her calls as she tries to fight her way out of the tax fiddling scandal that erupted after Forbes magazine kicked her out of their billionaire club with allegations she lied about her wealth.

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Kris Jenner reportedly 'freaking out' over Forbes' new Kylie Jenner claim

Kris Jenner is "definitely worried" following Forbes' recent claim that Kylie Jenner's empire was built on a "web of lies," according to a new report.

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'Forbes' Reports Kylie Jenner Is Not a Billionaire and Was Inflating Her Net Worth

Well, here's a Kardashian-Jenner scandal brewing in the business world: Forbes published a lengthy feature today breaking down all the ways Kylie Jenner inflated her income to media outlets and the beauty world. Forbes, which dubbed Jenner the world's youngest billionaire for multiple years (including this year), reports now that Jenner is no longer a billionaire, especially after the coronavirus pandemic adversely affected beauty consumer spending and stocks.

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Kylie Jenner - Kourtney Kardashian - Sofia Richie - Scott Disick - Kylie Jenner and Sofia Richie will ‘remain close friends’ after model’s split from Scott Disick - thesun.co.uk - county Scott - city Sofia

Kylie Jenner and Sofia Richie will ‘remain close friends’ after model’s split from Scott Disick

SOFIA Richie may have walked away from her relationship with Scott Disick, but she's staying in favor with the Kar-Jenner clan. The 21-year-old daughter of crooner Lionel has retained her friendship with Kylie Jenner, 22, despite the split with Disick.

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Kylie Jenner ‘could face jail’ over beauty brand’s figures after Forbes stripped her of billionaire status

Kylie Jenner could face ‘jail time’ after Forbes alleged she ‘faked’ her billionaire status in a ‘web of lies’.

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Is Kylie Jenner a billionaire? Forbes takes away status, says Kardashian-Jenner family provided misleading information

Kylie Jenner's status as a billionaire has been called into question by Forbes in a story that also raises questions about the magazine’s ability to accurately assess the finances of celebrities.

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Kylie Jenner and mom Kris secretly ‘worried’ about Forbes’ claims mogul lied about billionaire status and brand profits

KRIS and Kylie Jenner are secretly "worried" about Forbes' claims the famous family lied about the self-made billionaire's wealth and profits. Forbes magazine claimed on Friday that the youngest of the Kardashian-Jenner clan "inflated the size and success of her business for years." After Forbes claimed Kylie, 22, had lied about her billionaire status and the worth of Kylie Cosmetics, family sources are now saying that the mother-daughter duo is on edge.

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United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
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Kylie Jenner’s “Billionaire” Status Was Rebuked by Forbes

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