Kylie Jenner’s lawyers are demanding a retraction from Forbes over accusations that she faked her way to billionaire status.
The Kylie Cosmetics mogul has been accused of using fake draft tax returns to boost her net worth. Her success saw her named the world’s youngest self-made billionaire, but she’s since been stripped of the title.
She has hit out at the claims, and now her legal representatives are demanding the story is retracted.
Lawyer Michael Kump said in a statement: “We have reviewed Forbes’ article accusing Kylie of engaging in deceit and a ‘web of lies’ to inflate her net worth. The article is filled with an outright lie.
“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.”
The business magazine had said that the Keeping Up With The Kardashians star, 22, is now worth just less than $900 million after taking Kylie Cosmetics’ revenue in public filings and the affect coronavirus has had on the economy into consideration.
Kump added in his statement to The Post: “It is sad that, of all things, Forbes has devoted three reporters to investigate the effect of the coronavirus crisis on Kylie’s net worth.
“We would not expect that from a supermarket tabloid, much less from Forbes.”
Forbes has said it stands by its story.
Forbes spokesman Matthew Hutchison said: “Today’s 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.”
After it dropped, Kylie took to Twitter herself to hit back at it.
She wrote in a series of tweets: “What 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. I’ve never asked for any title or tried to lie my way there EVER. Period.
“Even creating tax returns that were likely forged’ that’s your proof? So you just THOUGHT they were forged? Like actually what am I reading? But okay I am blessed beyond my years, I have a beautiful daughter, and a successful business and I’m doing perfectly fine. I can name a list of 100 things more important right now than fixating on how much money I have.”
