Forbes Debunks Kylie Jenner's Billionaire Status in Explosive Report – and the Mogul Hits Back

While the Kardashian-Jenner team reportedly has said that the trust holds cash that Jenner earned before turning 18, Forbes opines that the trust "appears to have been created well after Kylie turned 18." Forbes concludes: "We’re erring on the side of caution and assuming that the trust belongs to Kris Jenner. That means Kylie Jenner owns an estimated 44.1% of Kylie Cosmetics, rather than 49%."

Based on the conclusions set out in its article, Forbes estimates Jenner's current net worth at just under $900 million.

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