Kylie & Kris Jenner Reportedly "Freaking Out" Over Forbes' Billionaire Exposé

BYLynn S.Updated on9.9K Views
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After Forbes exposed Kylie Jenner for exaggerating her finances, the mogul and her mother, Kris, are reportedly "freaking out" about the possible ramifications.

Kylie and Kris Jenner are "freaking out" about Forbes' recent exposé on Kylie's dishonest billionaire status, according to reports. On Friday (May 29th), Forbes published a piece serving to expose Kylie Jenner for allegedly exaggerating her finances in order to appear much wealthier than she really is. The publication accused Kylie of  "lying about company figures and forging tax returns," and insisted that her Kylie Cosmetics "is significantly smaller, and less profitable, than the family has spent years leading the cosmetics industry and media outlets, including Forbes, to believe."

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Kylie later responded to these claims on Twitter, calling out Forbes for their "inaccurate statements and unproven assumptions" about her wealth. She appeared to be brushing it off, though, claiming that it is "literally the LAST thing i’m worried about right now." However, it seems Kylie and her mom-ager, Kris Jenner, are actually stressing out about what this exposé could mean for the future of Kylie's business—and their reputations.

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“Kris and Kylie are freaking out and fear that this is going to hurt their brand, and even worse, they could be in trouble with the government,’ an unconfirmed source revealed to The Sun. 

After Forbes published the piece on Kylie's "web of lies," her lawyer immediately demanded a retraction. "The article is filled with outright lies," her lawyer stated. "Forbes’ accusation that Kylie and her accountants ‘forged tax returns’ is unequivocally false and we are demanding that Forbes immediately and publicly retract that and other statements.” However, Forbes stood by their findings, explaining that the "extensively-reported investigation was triggered by newly-filed documents that revealed glaring discrepancies between information privately supplied to journalists and information publicly supplied to shareholders. Our reporters spotted the inaccuracies and spent months uncovering the facts. We encourage the attorney to re-read the article.”

[Via]


About The Author
<b>Staff Writer</b> <!--BR--> Originally from Vancouver, Lynn Sharpe is a Montreal-based writer for HNHH. She graduated from Concordia University where she contributed to her campus for two years, often producing pieces on music, film, television, and pop culture at large. She enjoys exploring and analyzing the complexities of music through the written word, particularly hip-hop. As a certified Barb since 2009, she has always had an inclination towards female rap.