Forbes rejects Kanye West's claim that Kim Kardashian is a billionaire

Editors at Forbes magazine has stripped reality TV star Kim Kardashian of her new billionaire status after Kanye West congratulated his wife on social media.

Kanye had praised his 39-year-old wife after she singed a deal with cosmetic company Coty to buy her KKW beauty brand. 

While the singer was receiving accolades for releasing his new single about racism and faith, fans started criticising him for touting his family's wealth after he congratulated Kim. 

"I am so proud of my beautiful wife Kim Kardashian West for officially becoming a billionaire .

"You’ve weathered the craziest storms and now God is shining on you and our family.

"So blessed this is still life. So I made you this still life. We love you so much," Kanye wrote.

According to latest reports,  Forbes insists Kanye West's claims about his wife's wealth are not correct and that Kim isn't actually a billionaire.

Commenting on the matter,  Forbes website said Kim "isn’t estimated to be part of the six comma club yet."

It said that Kim has accumulated massive wealth in her own right and added: "Forbes estimates Kardashian West remains just shy of billionaire status, worth $900 million."