Kim Kardashian is not a billionaire, Forbes says following claims by Kanye West

Financial publication, Forbes has revealed that Kim Kardashian is not yet a billionaire, despite the claims by Kanye West. 

Recall that only last month, Forbes released a bombshell article revoking Kylie Jenner’s billionaire status and stating that the beauty entrepreneur lied about her earnings and forged her accounts.

Kylie took to Twitter to respond, writing: “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?” Kylie continued. “So you just THOUGHT they were forged? like actually what am i reading.”

This happened after Kylie sold a 51% stake in her company, Kylie Cosmetics to Coty for $600 million. In the same way, Kim sold a 20% stake in her company, KKW cosmetics to the beauty giant for $200 million. 

Following the deal, which valued Kim’s company at one billion dollars, Kanye West congratulated her for becoming a billionaire in a tweet that she liked.

However, Forbes is saying that she is not actually a billionaire yet as she only owns a 72% stake in KKW cosmetics, with her mother, Kris Jenner owning an 8% stake in the company.

Forbes estimates that Kim is worth about $900 million which puts her just above Kylie, who is worth under $900 million. Kim has, however, not responded to the article.

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