Kylie Jenner is a Billionaire, or Maybe She’s Not — Here’s Why You Shouldn’t Care

There are other things to worry about right now

The news broke out about the famous reality show star Kylie Jenner’s billionaire status. In 2019, Forbes published an article about Kylie becoming this youngest self-made billionaire ever. While a number of people had an issue about Jenner characterized as “self-made,” the milestone didn’t go anywhere: at the age of 21, she was worth over a billion dollars.

A few days ago, Forbes published a new article, indicating that Kylie was not a billionaire after all. The issue is, the magazine also suspected the make-up mogul in lying about how much her company was worth. If you read the article intently, the figures announced by the Jenners allegedly don’t match the tax returns and other financial documents.

Regardless of the facts and opinions, this occurred in the midst of a global pandemic. Should we really focus our attention on the drama?

On the one hand, this is an opportunity to distract ourselves with not-so-meaningful catfight and forget about what’s going on in the world. Instead of reading the tragic news, we’re getting a chance to observe the heated discussion.

But the truth is, not everyone enjoys this. I, personally, don’t follow the Kardashians. I like their philanthropic projects, and their kids seem very adorable. But beyond that, I’m not a huge fan. I’m a customer, and I have mixed reviews about Kylie’s products. However, I’ve never seen a reason to follow the Hollywood life and culture closely.

Instead of reading the tragic news, we’re getting a chance to observe the heated discussion.

Jenner being worse under $900 million or over $1 billion doesn’t make much of a difference to me, or most of us. OK, let’s be real: it doesn’t affect any of us at all. Should people take to the Internet to attack a young businesswoman selling lipsticks?

If you think about it, these events may have inevitable consequences. If you follow the stock market, the company which purchased Kylie cosmetics, Coty, is on everyone’s radar. Or at least, it’s on the investment brokers’ radar, as the stock price dropped from $12.03 on February 3, 2020, to $3.63 on May 29, 2020. This didn’t happen simply because of all the media coverage — obviously, the pandemic and the economic crisis were the significant contributors. However, Coty’s decision to acquire Kylie’s company affected it greatly.

Some of your neighbors may not be able to afford food right now — this is an example of an issue you should be worrying about.

For those trading on the stock market, it makes sense to follow up on this story. But, it’s no different from any other news, and no one should be focusing on that. We will probably witness even more drama in the coming months, but our lives don’t depend on it.

We are currently in quarantine. The borders are closed around the world, travel is restricted, the economy is in shambles — yet we’re talking about someone’s presumable net worth being slashed by $100 million or so? In my opinion, we should all think about our communities and the rising unemployment rate. Some of your neighbors may not be able to afford food right now — this is an example of an issue you should be worrying about.

During a worldwide crisis, luxuries become irrelevant. We gladly spend money on premium things, when we have the financial ability. Right now, spending money and discussing the $20 hyped make up isn’t a priority.

Let’s focus on important issues. If you read the news, there are many pressing matters.