Makeup mogul turned real estate queen!
It’s no surprise Kylie Jenner is smart with her money. Remember when she sold a chunk of her company for $600 million? She recently scooped up a new pad in El Lay’s exclusive Holmby Hills ‘hood for a whopping $36.5 million, and as it turns out, she also shelled out another $15 million for a piece of land!
Variety reports the 22-year-old forked over CASH for the five-acre lot of land in her Hidden Hills hometown, deep in the San Fernando Valley. While her exact intentions are unclear (mega KarJenner family compound? Permanent StormiWorld? New Kylie Cosmetics HQ?), the plot has already been approved for an 18,000 sq. ft. monster mansion with a 12-car garage, guesthouse, barn, sports court, pool, and guard shack for full-time security detail.
She’s not even the first celeb to own the piece of land. In fact, it was Miley Cyrus‘ up until 2018. From 2015 until then, Miz Cyrus reportedly kept her pastoral farm there before selling the ranch for $5 million.
The new owner subsequently demolished the property, graded the lot, and acquired permits, all before selling it to Jenner at a $10 million profit.
Kris Jenner might have a run for her money!!
Thoughts on Ky’s latest move, Perezcious readers? We’re all ears. Let us know (below) in the comments!!
[Image via Apega/WENN.]