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The economic impact to Kylie Jenner, has exaggerated the numbers

the World's youngest self-made billionaire. That was the headline on realitykändisen Kylie Jenner, by then the 21-year-old, and in Forbes magazine last year listed some of the richest of the very rich in the world of business.

Kylie Jenner at the time, has recently sold a 51 per cent stake in their your own line of makeup Denise Cosmetics at sminkjätten Coty, for $ 600 million – giving the company a valuation of $ 1.2 billion.

Behind the valuation, there was a story about a multi-year long story of success, where the income had run riot.

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2015 started, Kylie and her mom, Kris Jenner, together, mark, Kylie, Cosmetics. The first product was a package with the lip liner and the lipstick, which sold out immediately, and more products placed on the market.

as of 1.5 years old to five, the family, the company had $ 400 million in revenue in 18 months, and showed the piece of paper on the tax payments of russia, who was alleged to be the evidence. However, neither Forbes or the financial experts in the market to be reassured.

But months later, I published a fashion magazine WWD, the same numbers as the family, the Kardashian/Jenner trying to convince the world by Forbes, with the help of the figures circulated in the media around the world. In the coming years, the image of Kylie, Cosmetics changes, and the success of miljardresultat was a fact of life.

as Forbes writes, however, that that was the time when Coty announced in the previous years, the sales performance of their recent acquisitions Kylie, Cosmetics, as this appeared in the analyst, once again. The proceeds from the sales were, according to the Cotys's figures of 177 million u.s. dollars, which was an increase of 40 per cent year-on-year.
”I Believe that everyone was surprised,”

This means, that the income from the previous year was $ 125 million – a long way short of the 360 million that the Kardashian/Jenner family was told to Forbes magazine in the past.

"I think everybody was caught by surprise," said Stephanie Wissink, kapitalanalytiker at the investment bank Jefferies, to Forbes.

"That's negative, which was as a result of this announcement was that the company was much smaller than what everyone had expected", she says.

the Result set: Kylie Jenner does not like the life of a billionaire, according to Forbes, which claims that the family falsified the figures.


Kylie Jenner discovered in the examination, has denied she is the immediate information of the fact that she would have magnified their success. On Twitter, she writes, among other things:

”All I see is a long line of false claims and unfounded assumptions. I have never been asked for a title, or tried to lie to me, EVER.”

In another tweet, she writes again:

”well, I can list 100 things that are more important right now than to fix me, and how much money I have.”

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