CELEBRITY
Kylie Jenner fuels conspiracy theories as she struggles to find buyers for Beverly Hills estate
Mansion remains unsold despite price cut.
Amidst speculation surrounding Kylie Jenner’s wealth, particularly fueled by her attempts to sell her Beverly Hills mansion since 2022, a viral TikTok video has sparked conspiracy theories. The video delves into Jenner’s property portfolio, citing multiple homes in Southern California valued at a total of $80 million.
Jenner and her former partner Travis Scott have been struggling to sell their seven-bedroom, 10-bathroom Beverly Hills estate. Acquired in 2018 for $13.45 million, the property initially listed for $21.9 million but saw no buyers. Despite price cuts to $20 million and subsequently $17.9 million, the mansion remains unsold.
“I think that these celebrities are not as wealthy as we think they are – especially Kylie Jenner,” user @michelletok said. “Not that Kylie Jenner is struggling or anything. I don’t think she is close to being homeless, but I think that she lives well beyond her means and that is why she has a new business venture every two to five days.
“Do you know how much it costs to upkeep $80 million in real estate? “Not only is she paying the mortgage on each house, she is paying for the gardening and the landscaping. She is paying for the security systems in all three houses. “She also has her own private jet – $73 million.
“And that doesn’t even include the costs to staff the plane or store the plane.” Real estate expert Barbara Corcoran, known for her role on “Shark Tank,” weighed in on the situation, advising Jenner and Scott to be more realistic with their pricing strategy.
According to TMZ, Corcoran suggested that the reduction from $21.9 million to under $18 million isn’t sufficient, emphasizing the importance of setting an appropriate asking price in the current market.