Kylie Jenner tops richest celebrity list despite lying about billionaire status

Kylie Jenner tops richest celebrity list despite lying about billionaire status

- Kylie Jenner has topped the annual list of highest-paid celebrities

- The make-up model made $590 million over the past year

- Her brother-in-law Kanye West came second on the list with $170 million

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Kylie Jenner has topped Forbes' annual list of highest-paid celebrities despite claims that she lied about her billionaire status.

The reality TV star and make-up model reportedly made $590 million over the past year. She is way out in front of second-placed Kanye West who reportedly made $170 million.

However, BANG Showbiz reports that Forbes now estimates Kanye’s net worth to be $1.3 billion, largely thanks to his Yeezy fashion line. West is the husband of Kylie's sister, Kim Kardashian.

The 22-year-old stunner's eye-watering earnings came after she sold a 51% stake in Kylie Cosmetics to the beauty giant Coty.

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BANG Showbiz reports that Forbes – which made its calculations using pre-tax earnings between June 2019 and May 2020 – has reiterated its recent claim that Kylie is not a billionaire.

The star recently became involved in a high-profile dispute with the finance magazine after it insisted she wasn’t a billionaire.

The publication accused the make-up mogul of spinning a "web of lies" about her business, including her Kylie Cosmetics brand, reports BANG Showbiz.

Kylie’s lawyer, Michael Kump, hit back at Forbes, insisting its article contained "outright lies" about the star and demanding the company retract its comments.

"We have reviewed Forbes’ article accusing Kylie of engaging in deceit and a 'web of lies' to inflate her nett worth. The article is filled with outright lies." earlier reported that Kylie bought a $15 million 5-acre plot just weeks after buying a mansion.

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In a similar report, has it that American rapper Kanye West was recently named by Forbes as the richest musician in the world for the year 2020.

The music star reportedly raked in most of his earnings from his Yeezy deal with Adidas and it has put him financially ahead of other musicians in the world this year.

Interestingly, the top-earning celebs on the list were Kanye West and his sister-in-law, Kylie Jenner. While the rapper raked in $170 million, Kylie brought in $590 million and the majority of that came from the sale of a 51% stake in her cosmetics firm in January.

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