This time it’s Kim Kardashian, who the business magazine taking issue with recent claims that she’s a billionaire, reporting that she may have exaggerated her wealth.
Earlier this week, Kanye West sent a message of congratulations to his wife for becoming a “billionaire” after she announced the sale of a 20-per-cent stake in her KKW Beauty cosmetics company to Coty at a value of $200 million.
I am so proud of my beautiful wife Kim Kardashian West for officially becoming a billionaire
You’ve weathered the craziest storms and now God is shining on you and our family
So blessed this is still life
So I made you this still life
We love you so much pic.twitter.com/Vvtgzodnah
— ye (@kanyewest) June 30, 2020
Despite the rapper’s claims, Forbes estimates that the deal still only brings Kardashian’s total worth to about $900 million.
The businesswoman is now in possession of a 72-per-cent stake of the company, but Forbes claims that Kardashian’s mother Kris Jenner‘s eight-per-cent share is keeping her from attaining billionaire status.
Back in May, Forbes accused Kylie Jenner of showing them “tax returns that were likely forged” in an attempt to convince them of her billionaire status; Jenner’s lawyers fired back by demanding a retraction and blasting Forbes for its “outright lies.”