Kylie Jenner's billionaire status was proved false by Forbes, Kylie was originally named the youngest billionaire, but is now false because forbes claims the Jenners intentionally lied.

Forbes called out Kylie Jenner and mom Kris jenner for false claims behind the success of Kylie Cosmetics. It all centers around the companies financials from 2016 to 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 Forbes documents that showed Kylie's company's annual revenue from 2016 to 2018 was somewhere between $307 mil to $360 mil per year. In reality, the numbers were $125 mil for 2018 to $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 accountant screate 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.

Forbes' readjusted numbers claim she's actually worth just south of $900 million.