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Entertainment Kylie Jenner reportedly splurged $188 million in the past year despite Forbes' claims she's not a billionaire

07:55  03 june  2020
07:55  03 june  2020 Source:   celebrity.nine.com.au

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KYLIE Jenner reportedly spent 0 million on mansions and private jets before Forbes claimed she "lied" about her billionaire status. " She ’ s likely spent over 0 million in the past year ." She splurged on another piece of land for .25 million at the Madison Club in Palm Springs, right

Forbes deemed Kylie Jenner as the youngest self-made billionaire on 2019 and 2020Credit: Forbes . " Forbes has recalculated Kylie ’s net worth and concluded that she is not a billionaire ," reporters Chase Peterson-Withorn and " She ’ s likely spent over 0 million in the past year ."

a group of people standing around a plane: Kylie reportedly spent anywhere between $72 million and $101 million on a private jet. © Instagram Kylie reportedly spent anywhere between $72 million and $101 million on a private jet. Kylie Jenner has reportedly blown more than US$100 million (AU $144 million) in the months before Forbes magazine stripped the star of her billionaire title.

In April, the Kylie Cosmetics founder splurged on a US$36.5 million (AU $53 million) mansion in the affluent LA neighbourhood of Holmby Hills, and in May she shelled out another US$15 million ($22 million) on an empty lot in Hidden Hills. 

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In March, 22-year-old Kylie snapped up land located at the exclusive Madison Club in Palm Springs, which sits near her mum Kris Jenner's plush estate. This purchase set Kylie back US$3.25 million ($4.7 million). 

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Jenner may have blown her billionaire status by spending more than 0 million on a huge private jet and multiple monster real-estate deals in recent months. For years , KarJenner fans have talked about Kylie Jenner and her astronomical net worth.

Kylie Jenner ' s billionaire status was stripped from her by Forbes last week as it uncovered was it KYLIE Jenner reportedly spent 0 million on mansions and private jets before Forbes claimed she Kylie Jenner is not a billionaire , Forbes magazine now says. The magazine said it reviewed

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In February just before the COVID-19 pandemic hit, Jenner reportedly bought a Global Express Jet, which can range anywhere between US$50 million and US$70 million ($72 million and $101 million).

Kylie's spending spree came just before Forbes magazine alleged that her Kylie Cosmetics brand "is significantly smaller, and less profitable" than the family led the magazine to believe.

Forbes put Kylie on the cover back in May 2019 and dubbed her "the world's youngest self-made billionaire", only for them to revoke her status after they claimed Kylie's team lied about her business' profits and allegedly forged tax returns.

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Billionaire or not, Kylie is still worth a reported US$900 million (approx. $1.3 billion), and can afford the luxury homes and jet she recently bought. However, her sisters — who Kylie gifted expensive crystal clutches for Mother's Day — are reportedly worried about her spending. 

"Kylie's sisters are concerned about her spending. Yes, she's got a lot of money — but she doesn't seem to realise how easy it is to blow through all of it," a source told Page Six. "She's likely spent over $130 million ($188 million) in the past year."

She is the highest paid celebrity: where do Kylie Jenner's millions come from? .
© Xavier Collin / Image Press Agency / ImageCollect Kylie Jenner has made millions with her cosmetic empire. Nobody makes as much money as Kylie Jenner. At 22, the entrepreneur is at the top of this year's "Forbes" list of famous high earners. That is their secret. Kylie Jenner is at the top: According to the US business magazine "Forbes", the entrepreneur is the highest paid celebrity 2020 . The past twelve months are said to have earned her a total of $ 590 million.

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