ENTERTAINMENT | Kylie Jenner Is Not A Billionaire, Forbes Magazine Now Say

RIYADH | SAUDI ARABIA – Forbes magazine, which in March 2019 declared reality TV star Kylie Jenner had become the world’s youngest self-made billionaire, said on Friday that is no longer believed that her net worth was that much.

The magazine said it reviewed financial data released by Coty INC, which bought a 51 percent stake in Jenner’s Kylie Cosmetics company in November 2019.

Those financial filings show ‘Kylie’s business is significantly smaller, and less profitable than the family has spent years leading the cosmetic industry and media outlets, including Forbes, to believe’, the magazine said.

Forbes now estimates the net worth of Jenner, 22, at around $900 million.

Writing on Twitter on Friday, Jenner said the recent story was based on ‘a number of inaccurate statements and unproven assumptions’.

‘What am I even working up to. I thought this was a reputable site’, she wrote.

Jenner, half – sister of Kim, Khole and Hourtney Kardashian, debuted Kylie Cosmetics in 2019 with $29 lip kits containing matching lipstick and lip liner.

She first grabbed the spotlight in the ‘Keeping Up With The Kardashians’ reality TV show she starred in with her mother and siblings.

In her Twitter posting on Friday, Jenner said she was ‘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 money I have’, she added.


ARTS & CULTURE | India Puts Back Taj Mahal Reopening Citing COVID-19 Risks

NEW DELHI – India has withdrawn a planned reopening of the Taj Mahal, citing the risk of new coronavirus infections spreading in the northern city of Agra from visitors flocking to see the 17th century monument to love. Local authorities issued a new advisory late on Sunday ordering an extension of lockdown curbs on monuments … Continue reading ARTS & CULTURE | India Puts Back Taj Mahal Reopening Citing COVID-19 Risks

POLITICS | Rapper Kaney West Announce U.S. Presidential Bid On Twitter

LOS ANGELES – American rapper Kanye West, a vocal support of U.S. President Donald Trump, announced on Saturday that he would run for president in 2020 in apparent challenge to Trump and his presumptive Democratic rival, former Vice President Joe Biden. ‘We must now realize the promise of America by trusting God, unifying our vision … Continue reading POLITICS | Rapper Kaney West Announce U.S. Presidential Bid On Twitter

TRAVEL ALERT | Greece Bans Entry To Serbian Citizens Until July 15

ATHENS | GREECE – Greece will not allow Serbian visitors in from July 6 until July 15, the government said on Sunday, as it moved to contain the spread of coronavirus during its peak tourism season. Serbia declared a state of emergency in Belgrade on Friday, reimposing some restrictions to slow the spread of COVID-19 … Continue reading TRAVEL ALERT | Greece Bans Entry To Serbian Citizens Until July 15

NEWST ALERT | Saudi Arabia Extends Validity Of Exit, Entry Visas For Expats

RIYADH | SAUDI ARABIA – Saudi Arabia will extend the validity of final exit visas for expats at no charge, an official source from the interior ministry said. The Kingdom will also extend the validity of expired residency visas, that end during the travel ban, for expats outside the state for a period of three … Continue reading NEWST ALERT | Saudi Arabia Extends Validity Of Exit, Entry Visas For Expats

NEWS | Saudi Crown Prince Congratulates President Of The United States Of America On Independence Day

RIYADH | SAUDI ARABIA – Prince Mohammed Bin Salman Bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister and Minister of Defense, has sent a cable of congratulation to President Donald Trump of the United States of America on the anniversary of his country’s Independence Day. In his cable, HRH Crown Prince Mohammed Bin Salman … Continue reading NEWS | Saudi Crown Prince Congratulates President Of The United States Of America On Independence Day

BUSINESS NEWS | Saudi Non – Oil Private Sector Shrinks Again In June – PMI

RIYADH | SAUDI ARABIA – Saudi Arabia’s non – oil private sector shrank for the fourth straight month in June as measures to contain the spread of the new coronavirus continued to hit consumer demand, a survey on Sunday. The seasonally adjusted HIS Markit Saudi Arabia Purchasing Managers’ Index (PMI) fell to 47.7 in June … Continue reading BUSINESS NEWS | Saudi Non – Oil Private Sector Shrinks Again In June – PMI

CORONAVIRUS PANDEMIC | Global Coronavirus Cases Exceed 11 Million

WASHINGTON – Global coronavirus cases exceeded 11 million on Friday, according to a Reuters tally, marking another milestone in the spread of the disease that has killed more than half a million people in seven months. The number of cases is more than double the figure for severe influenza illnesses recorded annually, according to the … Continue reading CORONAVIRUS PANDEMIC | Global Coronavirus Cases Exceed 11 Million

SUPERCARS | Lamborghini SCV12 Track – Only Hypercar Has Most Powerful V12 Engine Yet

Lamborghini’s new limited-edition SCV12 hypercar boasts most powerful V12 engine in a Lamborghini and is made only for the track. Earlier this year Lamborghini teased with an upcoming project that gave hints of a racing circuit but didn’t go so far to share the entire of the details – now we know why. Announced as … Continue reading SUPERCARS | Lamborghini SCV12 Track – Only Hypercar Has Most Powerful V12 Engine Yet

TRAVEL | UAE Allows Citizens And Residents To Travel Abroad

DUBAI – The United Arab Emirates will allow both citizens and residents to travel abroad, the state news agency reported on Friday. In March, the UAE suspended all inbound and outbound passenger flights and the transit of airline passengers in the UAE, allowing only cargo and emergency evacuation flights.

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