COTY FACES INVESTIGATIONS AS KYLIE JENNER'S 'REAL NET WORTH EXPOSED

摘要

Beauty entrepreneur Kylie Jenner has been stripped of her billionaire status by Forbes, after allegedly 'inflating' the success of her businesses. The 22-year-old's beauty brand sell-off to Coty saw the beauty giant take 51 % for US$600m, estimating Kylie Cosmetics to be worth $1.2bn. But according to filings analysed by Forbes, Jenner's brands are worth 'significantly' less.