Wily Kylie inflates her fortune: mag

Her life is one big reality show, but her “billion” may be bogus.

Purported “self-made billionaire” Kylie Jenner has been inflating the size of her cosmetics business for years and is not as rich as previously thought, an explosive Forbes investigation has found.

“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,” the magazine claimed on Friday.

The report cites public filings released by beauty giant Coty, which bought half of Jenner’s company in January, as evidence that the 22-yearold entrepreneur has consistently lied about her fortune.

Forbes also claims that her family went as far as creating tax returns that were “likely forged” in a desperate attempt to look richer than they already are.

The financial magazine garnered widespread criticism in March 2019 when it declared Jenner (inset) the world’s youngest “self-made billionaire,” a controversial label given the weight of her last name and the massive platform it provides.

Jenner, the youngest of the Kardashian clan, defended herself on social media Friday.

She wrote: “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.”

The beauty icon expressed dismay at the magazine’s allegations and use of the phrase, “likely forged,” in reference to her tax filings.

Forbes claims the now-millionaire misled Coty into buying 51% of her Kylie Cosmetics in a deal that valued it at $1.2 billion even as her business kept falling in recent years.

The magazine on Friday put Jenner’s wealth at just under $900 million.