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.


BREAKING NEWS | Saudi Crown Prince Announces New 5-Year Strategy For Kingdom’s Economy

JEDDAH – – Saudi Crown Prince Mohammed bin Salman on Sunday launched a new five – year strategy for the Kingdom’s sovereign wealth fund as Saudi Arabia drives toward achieving its Vision 2030 goal to diversify the economy away from dependence on oil. The Public Investment Fund (PIF) will pump at least $40 billion a … Continue reading BREAKING NEWS | Saudi Crown Prince Announces New 5-Year Strategy For Kingdom’s Economy

CORONAVIRUS ALERT | French Health Body Recommends Delaying Second Covid Shot To Six Weeks After First

PARIS – – France’s top health advisory body on Saturday recommended doubling the time between people being given the first and second Covid-19 vaccination to six weeks from three  in order to increase the number getting inoculated . The gap between the first and second injection in France is currently three weeks for people in … Continue reading CORONAVIRUS ALERT | French Health Body Recommends Delaying Second Covid Shot To Six Weeks After First

BREAKING NEWS | Police Round Up More Than 350 At Russia Protests Backing Jailed Kremlin Foe Navalny

Police detained more than 350 people across Russia on Saturday and broke up rallies around the country as protesters defied bitter cold and a ban by authorities to demand the release of jailed Kremlin critic Alexei Navalny. Navalny had called on his supporter to protest after being arrested last weekend as he returned to Moscow … Continue reading BREAKING NEWS | Police Round Up More Than 350 At Russia Protests Backing Jailed Kremlin Foe Navalny

BUSINESS | UAE Confirms It Inked $23 Billion To Buy F-35 Jets, Drones From U.S.

WASHINGTON – – The United Arab Emirates confirmed that it signed agreements with the United States on former President Donald Trump’s last full day in office to purchase up to 50 F-35 jets, 18 armed drones and other defense equipment in a deal worth $23 billion. The UAE embassy in Washington said in a statement … Continue reading BUSINESS | UAE Confirms It Inked $23 Billion To Buy F-35 Jets, Drones From U.S.

Breaking News | Saudi TV Says Missile Or Drone Intercepted Over Riyadh

RIYADH – – Saudi Arabia said Saturday it intercepted an apparent missile or drone attack over its capital, Riyadh, amid the kingdom’s yearlong war against neighbouring Yemen’s Houthi rebels.Social media users posted video of what appeared to be an explosion in the air over Riyadh. Saudi State TV quoted authorities in the kingdom acknowledging the … Continue reading Breaking News | Saudi TV Says Missile Or Drone Intercepted Over Riyadh

TRAVEL | Denmark Suspend Dubai Flights Amid Doubts Over Virus Tests

 DUBAI – Denmark has temporarily suspended all flights from the United Arab Emirates for five days after suspicion arose that the coronavirus tests that can be obtained before leaving Dubai are not reliable, authorities announced Friday. The development, which comes amid a surge of infections in the UAE, poses a direct challenge to the mass … Continue reading TRAVEL | Denmark Suspend Dubai Flights Amid Doubts Over Virus Tests

BUSINESS | Google Seals Content Payment Deal With French News Publishers

PARIS – – Google and a French publishers’ lobby said on Thursday they had agreed to a copyright framework for the U.S. tech giant to pay news publishers for content online, in a first for Europe.The move paves the way for individual licensing agreements for French publications, some of which have seen revenues drop with … Continue reading BUSINESS | Google Seals Content Payment Deal With French News Publishers

Business News | BioNTech Investors, Amid Worry Over Shortage, Vows Vaccines To Be Delivered For Second Shot

MILAN – European countries should use all available vaccine doses provided by biotech firm BioNTech and its partner Pfizer because there will be enough for the requisite second booster shot due to a planned production ramp – up, BioNTech’s largest investor said. Some countries were believed to be withholding some vaccines for fear of shortage … Continue reading Business News | BioNTech Investors, Amid Worry Over Shortage, Vows Vaccines To Be Delivered For Second Shot

BREAKING NEWS | Arab Coalition Thwarts Two Houthi Attacks

The Saudi – led coalition fighting against Yemen’s Houthi movement said it thwarted two attacks by the Houthis on Friday morning, including destroying an explosive – laden boat in the southern Red Sea, Saudi State TV said on Twitter. The coalition also intercepted and destroyed an explosive – laden drone launched by the Houthis toward … Continue reading BREAKING NEWS | Arab Coalition Thwarts Two Houthi Attacks

ARTS & CULTURE | Lebanon Return Two Stolen 18th – Century Religious Icons To Greece

ATHENS – – Lebanon handed back two 18th – century religious icons of Jesus and Mary to Greece on Tuesday after they were seized during an auction, a judicial sources said. The paintings were stole from an exhibition in Athens in 2016, and Greece put out an international notice calling for their return. Icons are … Continue reading ARTS & CULTURE | Lebanon Return Two Stolen 18th – Century Religious Icons To Greece

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