Not a surprise at all. According to Forbes, Kylie Jenner is the highest paid celebrity of 2020. The makeup mogul raked in an incredibly impressive $540 million before taxes after she sold 51% of her Kylie Cosmetics brand to the publicly traded company Coty, Inc. for $600 million in November 2019. Her place at the top of the prestigious list is world’s beyond anyone else’s earnings.
The 23-years-old reality star was previously named the “youngest self-made billionaire” in the world by Forbes in 2019 and 2020. However, the outlet back-peddled on the title, in May 2020, accusing Kylie of faking her billionaire status by lying on tax returns and inflating the success of her company. Naturally, Kylie was incredibly frustrated by the accusations that were made against her, and put out a statement.
Kylie essentially clapped back at her critics moments after the story was published on May 29. “What am I even waking up to. I thought this was a reputable site,” she began. “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,” the she shared on Twitter.
Despite the rocky relationship between the business magazine and Kylie, the Keeping Up With The Kardashians starlet is thoroughly enjoying the benefits of her business, brand, and work.
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
— Kylie Jenner (@KylieJenner) May 29, 2020
“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.
— Kylie Jenner (@KylieJenner) May 29, 2020
Sitting in second place is none other than her brother-in-law Kanye West, who earned an impressive $170 million, between his Yeezy fashion line and his massive deal between Adidas and Yeezy sneakers. His real-time net worth is a cool $1.3 billion, according to Forbes. No other member of the KarJenner cracked the top 20 on the highest-paid celebrities list. Kim Kardashian, thanks to her mobile game, Keeping Up With The Kardashians, and her KKW Beauty and SKIMs brands, sits at 48th place with $49.5 million. Nothing to sneeze at!