Reality TV star and beauty mogul Kylie Jenner reportedly spent $130 million on mansions and private jets before Forbes claimed she”lied” about her billionaire status.

The Keeping Up with the Kardashians star, 22, was last month accused of not actually being a billionaire and “likely faked tax returns”.

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Kylie went on to slam the reports on social media, writing it included “inaccurate statements and unproven assumptions”.

The Forbes piece concluded: “A more realistic accounting of her personal fortune puts it at just under $900 million, despite the headlines surrounding the Coty deal that seemed to confirm her billionaire status.”

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Now a new report from Page Six suggests that Kylie may be spending what fortune she does have at a fast rate.

Page Six reported on Monday that Kylie, 22, has been spending her millions of dollars on mansions, property and private jets.

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She reportedly bought her own private jet

A source claimed “she spent an estimated $50 million to $70 million on a Global Express Jet that she had fitted out in the theme of daughter Stormi’s birthday this past February.”

The same source also suggested that Kylie’s spending habits are a cause of concern among her older sisters.

“Kylie’s sisters are concerned about her spending,” they added.

“Yes, she’s got a lot of money – but she doesn’t seem to realize how easy it is to blow through all of it.

“She’s likely spent over $130 million in the past year.”

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Kylie snapped up her Holmby Hills property for $36.5 million

It has previously been reported that Kylie had spent $36.5 million on an estate in Holmby Hills, California, along with $15 million on an empty plot of land near her current home.

It was also noted that she has spent $3.25 million on a home in Palm Springs near her mother’s, Kris Jenner.

However, since the Forbes scandal broke, reports have suggested there is now a schism between Kylie and Kris.

A source told The Sun on Sunday: “Kris – who reportedly gets ten percent of Kylie’s deals – is in panic mode.

“Kylie won’t answer the phone to Kris and is at a loss over who to trust.”

In the last few days, Kylie has shared her support of the movement looking to get justice for George Floyd via social media.