KYLIE Jenner is furious with her mom Kris over claims she lied about the beauty mogul’s $1billion fortune.
Sources told The Sun the 22-year-old is refusing to take the momager’s calls after Forbes claimed she may have forged tax filings.
Kylie Jenner is furious with her mom Kris over Forbes’ billionaire claims[/caption]
An insider said: “Kris – who reportedly gets ten per cent of Kylie’s deals – is in panic mode.
“Kylie won’t answer the phone to Kris and is at a loss over who to trust.”
They added: “Kris is petrified Kylie could sack her or cut her off so tensions are at an all-time high.”
Kylie is refusing to take Kris’ calls[/caption]
“Forbes has recalculated Kylie’s net worth and concluded that she is not a billionaire,” reporters Chase Peterson-Withorn and Madeline Berg claimed.
They alleged: “Kylie’s business is significantly smaller, and less profitable, than the family has spent years leading the cosmetics industry and media outlets, including Forbes, to believe.”
Forbes then claimed the Kardashians went to “unusual” lengths to prove just how wealthy Kylie was, which included “inviting Forbes into their mansions and CPA’s offices, and even creating tax returns that were likely forged.”
The Kylie Cosmetics founder allegedly lied about her billionaire status[/caption]
The magazine had labeled the KUWTK star the youngest self-made billionaire in 2019 and she was able to maintain that status in 2020, even after the makeup mogul sold 51 percent of her Kylie Cosmetics company to beauty giant Coty in a deal valued at $1.2 billion.
Soon after the article came out, Kylie took to Twitter to deny Forbes’ claims.
She wrote: “What am I even waking up to. I thought this was a reputable site. All I see are the 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.”
She also shut down claims she forged her tax returns.
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Kylie could potentially face “serious jail time” if she were “dumb enough” to submit false tax filings to the IRS, a lawyer told The Sun.
Beverly Hills criminal defense attorney Adam Michael Sacks said it would be a “very serious offense” if she’d forged documents.
The lawyer added that while it is “highly unlikely” the reality star was dishonest with the government, she could “face serious jail time” if she did lie.
“It’s very hard to believe someone at her level would risk major tax fraud. It’s all about vanity for her as it is for a lot of people who reach for the title of ‘billionaire.’”