×
The Standard Group Plc is a multi-media organization with investments in media platforms spanning newspaper print operations, television, radio broadcasting, digital and online services. The Standard Group is recognized as a leading multi-media house in Kenya with a key influence in matters of national and international interest.
  • Standard Group Plc HQ Office,
  • The Standard Group Center,Mombasa Road.
  • P.O Box 30080-00100,Nairobi, Kenya.
  • Telephone number: 0203222111, 0719012111
  • Email: [email protected]

Kylie Jenner is the highest paid celebrity in 2020

Entertainment
 (Image: Instagram)

Kylie Jenner has been named the highest paid celebrity of 2020.

The Keeping Up With the Kardashians star, Instagram sensation and cosmetics tycoon, 23, pocketed a massive Sh60.5 billion ($540million) pre-tax this year, according to Forbes.

The enormous salary makes her not only the highest paid celebrity, but also means she has earned more than the rest of the top five celebs combined.

Kylie’s earnings were followed by Kanye West, who netted Sh25.5 billion ($170m), Roger Federer with Sh15.9 billion ($106m), Cristiano Ronaldo who made Sh15.7 billion ($105m) and Lionel Messi with Sh15.6 billion ($104m).

The other top four only made a measly Sh72.8 billion ($485m) combined.

Her new wealth status comes after Kylie was added to Forbes’ billionaires list, before being shockingly dropped from the line up following bombshell claims her wealth had been exaggerated.

 Kylie Jenner has been named the highest paid celebrity of 2020 (Image: Instagram)

The Kardashian family's accountant had given Forbes tax returns from Kylie’s cosmetics company which suggested it made more than Sh45 billion ($300m) in sales in 2016, with publicists claiming sales of Sh49.5 billion ($330m) the following year.

But dramatically Forbes retracted their naming of the make-up mogul among the world’s richest a short time later, publishing an damning article which explained why Jenner is “no longer a billionaire”, arguing there was a “web of lies” behind her fortune.

Furious Kylie took to her social media after the publication made the accusations, claiming in a series of tweets that Forbes' article contained “inaccurate statements and unproven assumptions”.

 The cosmetics tycoon pocketed a massive $540 million (£403million) pre-tax (Image: Instagram)

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."

Quoting the article, she penned: "Even creating tax returns that were likely forged' that's your proof? So you just THOUGHT they were forged? Like actually what am I reading."

 Her new wealth status comes after Kylie was added to Forbes’ billionaires list, before being shockingly dropped (Image: Instagram)

Jenner added: "I'm doing perfectly fine. I can name a list of 100 things more important right now than fixating on how much money I have,” before saying that she felt “blessed beyond my years” with a “beautiful daughter and a successful business”.

Forbes alleged in its article that Kylie was “not a billionaire” adding that a “more realistic accounting of her personal fortune puts it at just under $900 million” (Sh135 billion).

The publication claimed: "If Kylie Cosmetics did $125 million (£928.5m) in sales in 2018, how could it have done $307 million (£228m) in 2016 (as the company's supposed tax returns state) or $330 million (£245m) in 2017?"

Related Topics


.

Similar Articles

.

Recommended Articles