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.


HEALTH | Strength Your Immune System Amid Coronavirus: Experts Offer Simple Tips

This fall and coming winter, protecting yourself against novel coronavirus in addition to the flue are imperative as the pandemic rages on. Deaths from the virus in the world surpassed 980,000 earlier this week, and dozens of states across the world are seeing a rise in COVID-19 cases. While the world’s top infectious disease expert, … Continue reading HEALTH | Strength Your Immune System Amid Coronavirus: Experts Offer Simple Tips

WORLD NEWS | Trump Says He’s ‘Not A Fan’ Of Meghan Markle, Wishes Prince Harry ‘A Lot Of Luck’

President Trump has offered up his opinion of Meghan Markle During a recent press conference, a reporter asked Trump, what he makes of Markle and her husband, Prince Harry encouraging Americans to vote in the upcoming election. While asking her question, the reporter said that the royal pair ‘essentially encouraged people to vote for (Democratic … Continue reading WORLD NEWS | Trump Says He’s ‘Not A Fan’ Of Meghan Markle, Wishes Prince Harry ‘A Lot Of Luck’

NEWS ALERT | In U.N. Debut, Saudi King Calls For Comprehensive Solution On Iran

NEW YORK  – Saudi Arabia’s King Salman bin Abudlaziz on Wednesday called for a comprehensive solution on Iran and disarming its affiliate Hezbollah in Lebanon, and expressed support for U.S. efforts to start talks between Israel and the Palestinians during his first address to the United Nations General Assembly. He said Iran has exploited a … Continue reading NEWS ALERT | In U.N. Debut, Saudi King Calls For Comprehensive Solution On Iran

ARTS & CULTURE & ENTERTAINMENT | Jeddah Host The Red Sea Museum

The Saudi Ministry of Culture announced the establishment of the Red Sea Museum, which will open its doors in 2020, in Bab Al Banat in the Historic Jeddah. The ministry says the museum will include manuscripts, photos, and books, which tell the story of the Bab al-Bunt’s heritage and demonstrate its role as a historical … Continue reading ARTS & CULTURE & ENTERTAINMENT | Jeddah Host The Red Sea Museum

NEWS | Saudi Deputy Defense Minister Hopes Peace Is Restored In Yemen Based On Riyadh Agreement

RIYADH | SAUDI ARABIA – Saudi Deputy Defense Minister Prince Khalid bin Salman said Tuesday that the Kingdom is looking forward to the establishment  of ‘comprehensive and lasting peace in Yemen through the implementation of the Riyadh Agreement’. On the occasion of the International Day of Peace, he said: ‘We look forward to the day … Continue reading NEWS | Saudi Deputy Defense Minister Hopes Peace Is Restored In Yemen Based On Riyadh Agreement

ARTS & CULTURE & ENTERTAINMENT | The New Digital – Art Museum Is Coming To Saudi Arabia

Saudi Arabia’s Ministry of Culture has announced a collaboration with international art collective teamLab to create a digital-art museum as part of the Kingdom’s Vision 2030. The museum will be located in Jeddah, and is set to be called TeamLab Borderless Jeddah and will open in 2023. The 10 – year collaboration agreement between Saudi … Continue reading ARTS & CULTURE & ENTERTAINMENT | The New Digital – Art Museum Is Coming To Saudi Arabia

FASHION | Billy Porter’s 2020 Emmys Ensemble Was Custom – Made By This Saudi Label

Billy Porter is known for his unapologetic style and statement red carpet looks. Despite this year’s Emmy Awards being held digitally, porter didn’t hold back from bringing his show-stopping outfits to the event, wearing a custom-made ensemble by Saudi label, Ashi Studio. The actor, who was nominated for the award for outstanding lead actor in … Continue reading FASHION | Billy Porter’s 2020 Emmys Ensemble Was Custom – Made By This Saudi Label

NEWS | Bahrain Says Foiled ‘Terrorist Attack’ Backed By Iran In Early 2020

Bahrain’s interior ministry said on Sunday it had foiled a ‘terrorist attack’ early this year that was backed by Iran’s Islamic Revolutionary Guard Corps. The statement confirmed earlier media reports about an alleged planned attack and added a timeframe. Earlier on Sunday Saudi state television Al-Ekhbariya and Bahraini newspaper Akhbar Al-Khaleej reported that interior ministry … Continue reading NEWS | Bahrain Says Foiled ‘Terrorist Attack’ Backed By Iran In Early 2020

BUSINESS | LVMH Submit Disputed Tiffany Takeover For EU Clearance

PARIS | FRANCE – LVMH said on Friday it had submitted its troubled takeover of Tiffany, which is now at the centre of  a legal dispute between the two groups, for EU approval as it seeks to counter accusations that it deliberately stalled antitrust proceedings. The French group’s $16 billion acquisition of the U.S. jeweler … Continue reading BUSINESS | LVMH Submit Disputed Tiffany Takeover For EU Clearance

TRAVEL | What You Need To Know About Travel Guidelines In Saudi Arabia

The Saudi General Authority of Civil Aviation (GACA) has released its updated traveler’s guide, which accommodates the ongoing pandemic after approving international travel for some exceptional cases. The new regulations entail that non – Saudis who are entering the Kingdom must provide a medical report of their coronavirus disease (COVID-19) test and its negative results, … Continue reading TRAVEL | What You Need To Know About Travel Guidelines In Saudi Arabia

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