The success of the Kardashian-Jenner has impressed the world. Not only in the media of their scandals and their TV program, but in the millions of dollars that have won it all because for this family, there is no bad publicity. We are talking about a family that monetizó the “famous for being famous”.
Over the years they have gone up and up in position on the lists of the celebrities most millions. Especially in 2018 when Kylie Jenner starred on the cover of Forbes by positioning itself as a the multi-million dollar world’s youngest. But it turns out that it was all a big lie. The same magazine Forbes has come out to deny the fortune of Kylie.
Reveal that all this time, the entrepreneur has inflated the net worth of Kylie Cosmetics. This was the best kept secret of the family until Coty, the company that purchased the 51% mark Jenner, confessed that “the business of Kylie is significantly smaller and less profitable, the family has spent years leading the cosmetic industry and the media, including Forbes, to believe,” said Coty to Forbes.
Now the business magazine confirms that the family has done everything possible to make up the figures of the value of Kylie Cosmetics. Forbes he points out that to position themselves multi-million dollar, Kylie and her team of counters, which they visited in their offices in 2018, until falsified tax returns.
Again, this was discovered by Coty, the company that bought half of Kylie Cosmetics. There, in the small print, realised that lto company make-up does not have the sales and the value of that much talked about and announced.
Based on this new information, Coty, more the impact of Covid-19 in the actions of beauty and consumer spending, Forbes now thinks that Kylie Jenner, even after bagging an estimated $ 340 million after taxes from the sale, it is not a multi-million dollar.
In 2018 in that cover of the business magazine, indicated that its 20 years, Kylie was worth $ 900 million, and that was the multi-billion dollar youngest, self-made, never-before-seen. Removing to Mark Zuckerberg’s post.
Forbes did a breakdown of the fortune of Kylie Jenner and the value of Kylie Cosmetics. Enter into great detail explaining why these are questionable numbers that the family Kardashian-Jenner gave to Kylie Cosmeticsespecially after you compare them with the numbers subsequent to the acquisition from Coty.
The magazine now makes clear that while having a large fortune, your company does not have the value or the profits showed that time,nor has a network valued at $ 900 million. In addition, sales in time covid-19 have affected your company. You can check out the whole breakdown on Forbes, click here.
We can not imagine how you must be working Kris Jenner to “solve” this crisis PR. But there is no turning back. What the numbers say.