Kylie Jenner Fires Back at Forbes ... Claims She Never Faked Financial Documents

UPDATE

10:14 AM PT -- Kylie's legal team is now involved in the situation, attorney Michael Kump tells us, "We have reviewed Forbes’ article accusing Kylie of engaging in deceit and a 'web of lies' to inflate her net worth. The article is filled with outright lies. Forbes’ accusation that Kylie and her accountants 'forged tax returns' is unequivocally false and we are demanding that Forbes immediately and publicly retract that and other statements."

UPDATE

Kump continues, "It is sad that, of all things, Forbes has devoted 3 reporters to investigate the effect of the coronavirus crisis on Kylie’s net worth. We would not expect that from a supermarket tabloid, much less from Forbes."

UPDATE

8:56 AM PT -- Kylie is firing back at Forbes, saying, "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."

UPDATE

She continues by quoting the article, "'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."

UPDATE

Finally saying, "but okay. i am blessed beyond my years, i have a beautiful daughter, and a successful business and 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."

Kylie Jenner's billionaire status just got yanked by Forbes -- which originally named her the youngest one ever -- and the mag claims it's all because the Jenners intentionally lied.

Forbes is blasting Kylie and her mom, Kris Jenner, for what it claims was a "web of lies" surrounding the success of Kylie Cosmetics. It all centers around the companies financials from 2016 to 2018.

Remember, Forbes crowned her the world's youngest-ever "self-made" billionaire in August 2018.

According to Forbes, the family invited them into their mansions and CPA's offices. Here's what the magazine says it was told: The Jenners provided documents showing Kylie's company's annual revenue from 2016 to 2018 was somewhere between $307 million to $360 million per year.

Forbes now says the real numbers were $125 mil for 2018, $177 mil for 2017 ... and Forbes doesn't provide a number for 2016, but claims it was still greatly exaggerated.

The magazine claims the Jenners had accountants create false tax returns "to help juice Forbes' estimate of Kylie's earnings and net worth." Important to note, Forbes is not saying she filed false tax returns with the government.

Now, don't get it twisted ... she ain't broke. Forbes' readjusted numbers claim she's actually worth just south of $900 million. So, she'll get to billionaire status at some point ... Forbes just thinks she cut corners to make it look like she got there early.

BTW, you'll recall Kylie sold off 51% of her company last year to cosmetics giant Coty. In somewhat of a final jab ... Forbes points out Coty's stock prices have plummeted more than 60% since the November 2019 deal.

Originally published -- 8:33 AM PT

Kylie Jenner Old Starter Crib's for Sale at $3.6M!!!

It seems like a long time ago when Kylie Jenner bought and sold her starter home ... but my how time flies cause her old crib's back on the market.

The home that once belonged to the soon-to-be youngest self-made billionaire is on the market again for a cool $3,599,000. Kylie bought the Tuscan villa back in 2015 when she was just 17 years old. The house got a complete makeover and it's a beaut.

The 5-bedroom, 6.5-bathroom house is inside the exclusive gated community of The Oaks in Calabasas. You may recall ... Kylie paid $2.7M in 2015 and sold it 2 years later for $3.15M. It's got all the bells and whistles a future billionaire would want and need.

It's got a media room and detached casita ... plus a white stone fireplace and French doors that open up to the sprawling pool grounds. There's also a gourmet chef's kitchen with Viking appliances that would make any celeb chef go wild. And, if you're into Kylie Cosmetics ... enjoy the optional ensuite bedroom, which was transformed into an ultra-luxe glam room with lighted vanity, mirrored walls and custom drawers.

April Lopez and Jay Ravnikar of The Agency rep the seller.

For Kylie ... buying cribs in the single-digit millions is kind of in her past. As we've reported ... her latest acquisition is a huge lot for a record $15 million in Hidden Hills. There's also the whopping $36.5 million Holmby Hills estate she scooped up earlier this year. Not to mention the other properties in Hidden Hills.

To be young, wild and rich!!!

Kim Kardashian Applauds Inmates for Prison Mixtape ... David Jassy's a Genius!!!

CHANGING LIVES THROUGH MUSIC

Kim Kardashian is applauding music producer and ex-inmate David Jassy on a groundbreaking achievement ... a mixtape written, recorded and produced in San Quentin State Prison.

The 17-track project, dubbed San Quentin Mixtape, Vol. 1., is dropping Friday, and Kim surprised David with this congratulatory message ... admiring his work, passion and dedication to his music-led prison initiative.

David, an award-winning producer who wrote and produced for Britney Spears, Sean Kingston, and Ashley Tisdale before being incarcerated, is the mixtape's brainchild ... he used a keyboard to makes beats in his San Quentin cell, and had other inmates rap about their stories.

Along the way, David's vision captured the hearts and minds of a host of celebs ... with Kim, J. Cole, MC Hammer and Common among the famous folks who visited San Quentin to see what Jassy was cooking up, and encourage the inmates to keep doing their thing.

David spent 11 years in San Quentin as part of his sentence for killing a man during an altercation, but while inside ... he worked with the prison to establish a music-focused initiative within the Youthful Offenders Program. He taught inmates how to write, produce and record their own music in a studio.

Jassy used his contacts in the music industry and other donors to support the program with enough donated audio equipment to build a full-scale production studio inside the prison's media lab.

The end result -- a project delving into the life experiences of 17 different inmates, exploring their struggles behind bars while encouraging the next generation to learn from their mistakes and forge a better path.

Kim says David and the 17 inmates featured on the mixtape should be very proud of themselves, and she can't wait for the world to hear their positive message -- the mixtape has no profanity.

David's sentence was commuted by California Governor Gavin Newsom in March, and while he's returned to his native Sweden to resume his career, Jassy is not turning his back on San Quentin ... he's still providing beats for the music program ... because mixtapes rarely end with Volume 1.

Khloe Kardashian I'll Sell My Calabasas Crib ... For $19 Million!!!

Khloe Kardashian has decided she'll move on from her incredible Calabasas estate IF the price is right, and that price is a whopping $19 million!!!

Khloe is willing to sell her massive property in the uber-exclusive gated community, The Oaks, for a cool $18,950,000 ... a 6-bedroom, 7-bathroom mansion that's also been home to Justin Bieber and Eddie Murphy, who bought it for his ex, Nicole Murphy.

Khloe completely renovated the property, with the help of famed designers, Waldo Fernandez and Tommy Clements. There are photos out online right now, but they show the home before Khole remodeled it. These shots are the way the home currently looks.

The 11,000-square-foot estate is where Khloe put down roots after divorcing Lamar Odom in 2013 ... and it's right down the block from Kourtney's house, and only 5 minutes from Kris Jenner's Hidden Hills mansion.

Khloe has not listed the house yet, but we know she's willing to sell if she gets her price.

Khloe's been sheltering in place at the sprawling property during the coronavirus pandemic, self-isolating with True, and at times seeing her ex Tristan Thompson.

The estate is magnificent, and it's decked out with all the bells and whistles ... home theater, insane guesthouse, swimming pool with a hot tub, huge kitchen with an island, and a meditation trail. News of the sale was first reported by Daily Mail after an episode of The Society Group's REAL TALK dropped some clues about the property.

Khloe scooped up the place from Justin back in 2014 for $7.2 million ... and one of the first orders of business was 86'ing the Biebs' skateboard ramp.

The home is one of just 16 properties in The Oaks with breathtaking views of Malibu Canyon ... and it's got total privacy, thanks to a guarded gate to enter the neighborhood and a bigger gate to get on the property itself.

Quarantined Kardashian Kurves Guess Who!

If you haven't been keeping up with these sexy sisters, then you might not have seen all the hot quarantine pics the Kardashian/Jenner crew have been sharing!

Kim, Kourtney, Khloe, Kendall and Kylie have been staying busy and snapping away through this time at home, and these siblings sure know how to pass the time and have been entertaining their followers with their famous photos ... and now we're sharing them with you!

Take a look at what sweet shots have been shared by scrolling through our gallery of Kardashian quarantine kurves ... check out all the sister snaps and try to see if you can guess which sis is in the pic!

You got this, bible!

Tristan Thompson Woman Claiming Paternity is Old One-Time Hookup ... Before His Khloe Days

Tristan Thompson did have sex with the woman saying he's her baby daddy, but it was years before she claims, years before her baby was born and long before he began dating Khloe Kardashian ... TMZ has learned.

Sources close to the NBA power forward tell us ... he had a one-night stand with the woman, Kimberly Alexander, sometime during his rookie season in 2011-2012. However, we're told this doesn't line up with her repeated claim he fathered her child ... because the kid in question is between 4 and 5.

After Alexander made the paternity claim, our sources say Tristan confirmed with his legal team he had sexual relations with her but was confident about taking a test because it was impossible for him to be the father based on the timeline.

We're told Tristan and his lawyer, legal pit bull Marty Singer, made it clear ... if Tristan was the dad, he'd gladly pay child support, but he was confident he wasn't, and the DNA test proved his point.

As we reported ... Tristan and Khloe are now threatening to sue Alexander, claiming she's been lying about the kid -- despite Thompson's paternity test proving he's not her child's father -- and defaming Khloe.

Our Khloe sources point out she has no direct ties to the paternity case -- she only got her lawyer involved because Alexander allegedly made false claims about her after Tristan's test came back negative.

We're told Khloe's mindset is it's an issue strictly between Tristan and the woman ... since it occurred years before Khloe and Tristan began dating in August 2016.

Tristan, we're told, thinks it's all just a money grab.

Kylie Jenner She's Got the Dirt!!! ... $15 Million Record Land Purchase

Kylie Jenner has just added another 5 acres to her real estate portfolio, and this one goes in the record books.

She just plunked down $15 million for a vacant lot in Hidden Hills. We're talkin' 5 mostly-flat acres. It's a record for the area.

The land has some Hollywood history attached to it. Miley Cyrus bought the property back in 2015 and kept her horses there. She sold the place 3 years later and the new owner razed the house and never built a home on it.

Kylie's been scooping up property like a baronial Pacman ... she bought a lot in Palm Springs near her mom's house in Palm Desert. TMZ broke the story that she just closed on a $36.5 million Holmby Hills estate. And, she owns other properties in Hidden Hills.

As for this lot, it will support a massive compound, and given its incredible location, this may be where Kylie ultimately sets down roots. She won't find another lot in the area like this one.

Variety first reported the story. Marc Shevin and Angel Salvador of The Agency had the listing.

Scott Disick Plans to Sue Rehab Over Leaked Photo ... Facility 'Sickened' by Privacy Breach

UPDATE

9:44 AM PT -- 5/5 -- Noah Nordheimer, President & CEO of All Points North Lodge, tells TMZ ... his team is aware of the Disick photo and says, "The protection of our clients' personal and confidential information is of the utmost importance to us."

UPDATE

Nordheimer says it's strict APN policy to not disclose any personal info on patients, including whether or not a client is being treated there, and if it's determined that "any information relating to any client was ever obtained from APN facilities and provided to a media outlet" ... it will take legal action against that person.

UPDATE

He says the APN Lodge team is "sickened by any publication who would report on an individual’s life struggles without their consent.”

Scott Disick is enraged he's been betrayed by the rehab facility he's been staying at ... he's checked himself out and is going to sue.

Scott has been staying at the All Points North Lodge in Edwards, Colorado since last Tuesday. There are reports he's there for cocaine and alcohol abuse ... he's struggled with substance abuse in the past.

His lawyer, Marty Singer, says, well a lot. For starters, Singer says Disick was NOT there for coke and booze. He says, "In an effort to finally come to terms and deal with the pain that Scott has been silently suffering for many years due to the sudden death of his mother, followed by the death of his father 3 months later, Scott made the decision to check himself into a rehab facility last week to work on his past traumas."

We're told he was quarantining in L.A. by himself and it gave him time to realize he had not properly dealt with the death of his parents.

As for Scott's photo that was taken inside the rehab facility ... Singer says it's an outrageous HIPAA violation.

Scott's team believes the photo was taken by a staff member and not a patient, and that could trigger criminal prosecution. We're told the photo was taken of Scott upon his check-in to the facility.

As soon as he learned of the photo leak, Scott immediately called for a car to pick him up, and he's now left the facility and is en route back to L.A.

Though Disick and Co. maintain this has nothing to do with drugs or alcohol, he has struggled over the years -- in and out of rehab at least 3 times ... not to mention at least one hospitalization as a result of substance use. It wasn't until he started dating Sofia Richie in 2017 that he cleaned up his act.

Originally Published -- 5/4 3:37 PM PT

Kylie Jenner Goes After Alleged Trademark Pirates ... My Girl's the Famous Stormi!!!

Kylie Jenner believes a business snatched up a trademark in bad faith, trying to make a buck off her daughter's name ... so she's trying to put the kibosh on it.

Kylie filed new legal docs, obtained by TMZ, going after a company called Business Moves Consulting ... which filed to trademark "Stormi Couture" a month after Kylie and Travis Scott welcomed their baby, Stormi Webster, into the world.

Of course, as we first reported, Kylie applied for her own trademarks for Stormi -- including one for "StormiWorld" -- but got hit with a lawsuit from Business Moves because it claimed people would be confused by their similarities ... and it registered its "Stormi Couture" trademark first.

Jenner's on the counterattack now though -- she's asking the trademark office to cancel BMC's "Stormi Couture" trademark, claiming the company was fraudulent in its application and only got the trademark to capitalize on her daughter's name.

2/1/20
THE EPIC BDAY BASH

Kylie says Stormi has "achieved fame in her own right," and points out that her "StormiWorld" birthday parties have been covered by major media outlets like Vogue. She also says Stormi's cosmetic line has already become hugely popular.

As Kylie's team states in the docs ... "The Stormi name is well known, and uniquely and unmistakably is associated with Stormi Webster."

Kylie also says BMC has a history of this sort of trademark behavior involving other celebrities -- including DJ Khaled. He sued the company over their "Asahd Couture" trademark back in 2018, believing they were ripping off his son's name for their benefit.

Kim Kardashian Accepts All in Challenge ... Down for Lunch with Me & Krew?!?

KEEPIN' UP WITH THE CHALLENGE

Kim Kardashian is unleashing her army of followers on the All in Challenge -- which is sure to raise a ton of cash, but it's also setting up one fan with the deal of a lifetime.

Kim accepted Gisele Bündchen's challenge Monday by announcing to her more than 167 MILLION followers on Instagram she's joining the fundraiser to help feed people amid the economic crisis triggered by the COVID-19 pandemic.

The opportunity's insane -- win lunch at a top spot in L.A. for a winner and a guest with the Kardashian sisters. The deal also includes a 1-night hotel stay and 2 roundtrip coach airfare tickets to L.A. The winner and guest will also be included in the filming of the upcoming season of "Keeping Up with the Kardashians."

As you know by now ... 100% of the proceeds will go to relief efforts through Meals on Wheels America and America's Food Fund, which benefits Feeding America and celebrity chef Jose Andres' remarkable efforts through his World Central Kitchen.

As we reported ... 76ers partner Michael Rubin, who created the All In Challenge, told us he thinks Tom Brady's about to draw a 7-figure donation to the cause thanks to his first-ever game-worn Buccaneers jersey.

BTW, in addition to challenging Kim to join ... Tom's model wife is raffling off a trip to her next Dior photoshoot in NYC.

Things are definitely heating up. 🔥

Kim Kardashian's KKW Beauty Halts Shipping Over Coronavirus ... Still Taking Orders Though

Kim Kardashian's beauty line is putting a pause on its operations because of the coronavirus -- telling customers their orders won't show up on their doorstep anytime soon.

KKW Beauty made the announcement Monday, saying because of statewide health orders being imposed in California ... they're temporarily closing the company's fulfillment center, where they ship out products. That means they can't guarantee any delivery dates at this time.

The company does say that as soon as shipping is allowed to resume, any customers' order in limbo at the moment will receive top priority. And, for anyone who doesn't wanna wait that long, KKW Beauty says it'll let folks cancel unshipped orders at any time for a full refund.

The only catch is your order has to have been placed on or after March 16, 2020 -- when most nationwide coronavirus policies started to take effect -- in order to be eligible for the refund.

KKW Beauty says it'll continue to keep its customers and fans updated on all its social media feeds, and will push forward with beauty tips and other content in the meantime.

Old news is old news!
Be First!

Get TMZ breaking news sent right to your browser!