Kylie Jenner spent more than $100M on private jet, homes: Report
Kylie Jenner’s billionaire status questioned
Forbes alleges Kyle Jenner likely forged tax returns. FOX Business’ Kristina Partsinevelos with more.
Kylie Jenner reportedly spent more than $100 million in the last year on a private jet and multimillion-dollar homes, according to Page Six.
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This news comes days after Forbes announced it had stripped the beauty mogul of her billionaire status and suggested the 22-year-old inflated sales figures of Kylie Cosmetics to get the financial publication’s coveted title. In response to the Forbes report, Michael Kump, an attorney for Kylie said in a statement that "The article is filled with outright lies. Forbes’ accusation that Kylie and her accountants 'forged tax returns' is unequivocally false."
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An inside source told Page Six that months before the coronavirus pandemic, Jenner purchased a Global Express jet that is estimated to have cost between $50 million and $70 million. The private aircraft reportedly follows the theme of her daughter’s birthday party in February, which was carnival-like.
Moreover, the jet may cost around $5 million a year to maintain and operate, aviation experts told the publication.
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In April, Jenner purchased a $36.5 million home in the affluent Holmby Hills neighborhood of Los Angeles. The single-story house is reportedly 15,350 square feet, according to TMZ, and includes two guest apartments, a guardhouse and other luxe amenities.
She also purchased a vacant lot next to her Hidden Hills home for $15 million, Page Six reported, and has hired celebrity architect Richard Landry to build her a new house. Additionally, the young star has reportedly purchased a $3.25 million plot of land at The Madison Club golf club, which is said to be next to the home of Kris Jenner, her mother and manager.
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Jenner has made multimillion-dollar home and land purchases in the past. In 2018, Jenner and her now-former flame, Travis Scott, reportedly bought a $13.45 million home in Beverly Hills. Two years earlier, she moved into a $6.7 million mansion in Hidden Hills.
Jenner bought her first home, located in Calabasas, for $2.7 million when she was 17 years old, according to People.
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