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Financial Tales Part 1

[Blind Gossip] Some celebrities love to lie about money.

This girl is one of them.

Our TV celebrity is part of a famous family. She claims to have scored big on the sale of her brand.

Maybe not.

The numbers were a lie. The earnings multiples on her product line were really bad. She did not walk away with a lot of cash. It was a fire sale.

So what was she paid for?

The important thing to know is that they refused to buy the brand unless she gave up controlling interest. She is completely incapable of running a company.

She was paid a little for the brand name and will get paid going forward to promote the brand and do photo ops.

The only way she will make big money is if they can save the brand and make it profitable.

It sounds like tales of her extreme wealth have been highly exaggerated.

The thinking must be that if she repeats the financial lie often enough… people will start to believe it!

Similar: Back Door Money

Celebrity:

[Optional] Do you consider her to be self-made?

Reader Interactions

Comments

  3. hazura jane says

    Definitely whichever of the Jenner/Kardashian things that sold the makeup line to Coty.

    I expect a good percentage of all their supposed millions/billions are imaginary.

  5. NativeAtlantaGirl says

    Kylie of course. Let’s hope this is the beginning of the end of the KarJenners… their 15mins have extended far too long.

    There already were matching lip liners/glosses/lipsticks. She just packaged them together overpriced. Self-made hype. No one would know who she was if it wasn’t for her sister’s lack luster tape and their useless existence (and all the surgery and photoshopping)

  6. dahlia202049 says

    Kylie
    No her mother and Kim made all of them. Kris is a marketing genius and Kylie happens to be her spawn.

  7. JoshuaTree says

    Kylie Jenner selling her controlling stake in her cosmetics company for a reported $600 million. This after Forbes called her the “youngest self made billionaire.”

  9. holdup279 says

    The kardashian girl. You know the youngest one with the affinity for plastic surgery and wigs. Wait that’s all of them

  10. Soma says

    Kylie

    Ahah self made?NO
    She’s a character, designed in her moms office. Get that money as quick as you can and bolt. That’s their strategy.

  14. mrspig59 says

    Kylie Jenner and her ‘sale’ to Coty which won’t actually happen until this time next year, yet her mother is trying to claim she has sold it for $600 million! No she isn’t ‘self made’, she already had family money to invest in her ‘business’. And she isn’t a billionaire either!

  15. theotherwoman says

    Kylie of course.
    I wondered why she would sell something so profitable. My 17 yr old even said her brand isnt all that anymore. But I wish her well. She seems to be the one riding the coat tails the least and took initiative.

  17. stickaforkinit says

    Kylie. Nobody believed she was a billionaire, much less a SELF MADE billionaire. I don’t know how that family sleeps at night.

  19. cbeaver123 says

    This is without a doubt Kylie Jenner, Kylie Cosmetics and the deal she made with Coty Inc.

    It is also pretty clear that the Kardashians lie about numbers all the time. How well something sells, record spin numbers, prices paid for properties, property values, You. Name. It.

  32. sunshine702 says

    Kylie Jenner and her supposed 600 million dollar windfall from her lip line.

    No. A spokemodel at best.

  35. miss_tj says

    Celebrity: Kylie Jenner

    Self-made?: Hah! She is (as are the others) strictly a Kris Jenner/Ryan Seacrest production.

  37. JanesMustang says

    Kylie “the World’s Youngest Self-made Billionaire” Jenner. I lost all respect for Forbes after that statement. Smh…

  43. elphie says

    Kylie selling out to Coty… in the end it’s a business, if there’s no money to be made why in the world would they buy controlling interest

  44. traherne says

    Kylie Jenner

    Optional: lol. No. She’d be flipping burgers somewhere if it wasn’t for her sister’s sex tape.

    God, she’s so bland, boring and average-looking she actually makes her sisters seem somewhat interesting.

    Remember the days when celebrities actually had to be special and unique?

  49. ILUVCA4evr says

    Celebrity: KYLIE Jenner

    [Optional] Do you consider her to be self-made? Nope. All she has is because of Mama Kris hustling for her (and all of them). I think most of her worth is on paper anyways..not liquid assets at all.

  50. TruePatriot says

    Kylie?

    I’m seeing a lot of that ‘on sale’ at sites like Ulta whilst shopping for holiday gifts.

    I doubt she’s ‘self-made’ but she does at least try.

  52. rebeccadewinter says

    Kylie Jenner

    It’s easy to be self made when you have a massive platform and fame created by your mother and sisters.

  56. aaapants says

    Kylie Jenner

    She was literally and figuratively made by her mom. Self-made people are not born rich, staring in their mom’s realty shows when they are teenagers.

  67. Dis-custard says

    Kylie Jenner

    Self made ? Absolutely I mean we all know she created the very body she ohhhhh self made money ok ok I’m with ya now 😏 and no

  68. deepsigh says

    That make up line girl. Something Jenner. I knew $600 million for 51% was a lie. Everyone is doing makeup these days. The only celebrity who has a shot at long term success is Rihanna with Fenty. She was smart enough to do foundation for every ethnicity.
    No. She isn’t self made. Kim started it all off with her sex tape. Then her parents leveraged that into the “empire” that they have now. Which won’t last forever.. So, Something with a K Jenner,get an education with the $ you have!

  72. DDivaB says

    AHAHAHAHA!!!
    Ivanka- you’re even better at running a company than your father- at leat this didn’t end in bankruptcy- unlike the US.

  74. smlopez5250 says

    Kylie Jenner. She’s lying through her teeth. She went on this BS self made billionaire trip, shortly after she lost a court battle against Kylie Minogue, to trademark “Kylie”.

  79. GoldenLynx7 says

    Kylie Jenner. This whole clan just lies lies lies about everything! Urgh.
    Optional: Kylie Jenner and self-made? Def not!!

  81. luv2guess says

    kylie jenner, of course she’s incapable of running a company, lets remember she stole the image for her lips kits off the jump

  85. SilverLining says

    Kylie Jenner

    I’ll give the KJ clan one thing – mainly Kris – they have one talent…to make $ based on what is only perceived. At the same time there’s some morality issues that I would never wish to have myself…I mean, how much fame/wealth is sufficient & as a mother…not the best role models to emulate for those in society lacking one.

  86. Jayzzzzzz says

    Celebrity: Kylie Jenner

    [Optional] Do you consider her to be self-made? Oh my, no. She got a huge headstart and lots of financial support because of her name. Self-made is when you literally start from scratch: no money from parents, etc.

  95. officiallily says

    Kylie Jenner just sold Kylie Cosmetics.

    Kylie Jenner is absolutely not self made. The only one who is self made is Kim. She made that video her self.

  96. Wallcat says

    Celebrity: Kylie Jenner
    [Optional] Do you consider her to be self-made? No, self-made means starting from scratch with no help. She inherited wealth, connections and fame that got her more than halfway there.

  98. SleuthingForFun says

    Celebrity: Kylie Jenner

    [Optional] Do you consider her to be self-made? No, and she’s no billionaire by any stretch of the imagination that’s all Kris’ lies. This group of grifters is all smoke and mirrors and one day the mirrors will break and we’ll all see the truth we knew from jump.

  99. SouthJerseyGirl says

    Kylie Jenner – the youngest billionaire – sold her makeup line to Coty and kept 49% controlling interest.

    Self made as in lots of plastic surgery to change her looks. And, she is obviously very rich but maybe just a billionaire on paper. I’m not too worried about her.

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