Is Kylie Jenner Going Broke? $750M Kardashian Heiress Desperate to Sell $21.9M Beverly Hills Home at Devastating Loss
American media personality and entrepreneur Kylie Jenner first gained attention with her appearances on the reality show Keeping Up with the Kardashians. Since then, she has established a successful business empire and personal brand. Being the founder and owner of Kylie Cosmetics, which made her a billionaire at a young age, is one of her most notable achievements. The billionaire has been making headlines recently for her decision to sell her lavish Beverly Hills home at a significant loss.
Kylie Jenner’s Financial Struggles And Challenges
The owner of Kylie Cosmetics has made headlines for her decision to sell her luxurious Beverly Hills mansion that she shared with her ex-partner.
The European-style villa, situated in the hills above Beverly Hills, offers an impressive list of amenities such as seven bedrooms, ten bathrooms, a guest house, and a private theater. Its tranquil backyard features a resort-style pool and spa, while its three-car garage and floor-to-ceiling windows add to its allure.
Moreover, the master suite, which occupies a staggering 2,300 square feet, is as large as a typical American home. Although the 25-year-old owns several luxurious properties, her decision to sell the mansion, which is currently unoccupied and has a $2.75 million mortgage, is understandable.
They relisted the house and reduced the asking price by nearly $2 million to sell it quickly after it sat on the market for five months with no buyers, while some have speculated that this action points to financial difficulties.
Overall, Kylie Jenner has borrowed a total of $16.25 million on three properties, which amounts to an approximate monthly payment of $126,000 at a 6.5 percent interest rate, which is the national average.
There is no clear information about how long Jenner and Scott spent time together in the mansion they purchased five years ago. Nevertheless, a source disclosed that Scott chose to keep his creative space separate from their living arrangement even before their separation.
The Separation Of Kylie Jenner And Travis Scott
Jenner and Scott’s highly publicized separation took the world by storm. They were together for two years and share two children. According to reports, after both welcomed their son, Scott insisted on having his own place to balance being a music star and a father. The source shared,
“When he’s with her and the kids, he’s 100 percent in daddy mode, but when he’s at his home, he’s working on his career.”
Speculation circulated that their busy careers were to blame for the break-up as both had numerous business ventures.
Earlier, People magazine revealed details about their separation in January, stating that the pair had split several times before, and it may not be the end of their relationship. Further, the source explained,
“Kylie is very focused on her kids and her business. She is not a big partier. Travis is the opposite. He likes to party. They definitely have different focuses. They always did.”
The insider revealed that their relationship was never easy. And despite their split, the pair have been spotted spending time together on multiple occasions, maintaining a cordial relationship as they co-parent their two children.
Source: Marca
