Kylie Jenner can’t sell home amid conspiracy theories that she’s broke and living beyond her meansBy Social Links forMary K. JacobPublished March 12, 2024 Updated March 12, 2024, 7:25 p.m. ET0 seconds of 1 minute, 23 secondsVolume 0%
Conspiracy theories are swirling on social media, dissecting the true extent of Kylie Jenner’s riches — or, perhaps, the lack thereof. And they all come as the entrepreneur has been trying to offload her Beverly Hills mansion since 2022.
A TikTok user with the handle @michelletok has unraveled the enigma surrounding Jenner’s ostensible opulence in a video that’s gone viral.
“I think that these celebrities are not as wealthy as we think they are — especially Kylie Jenner,” the user, Michelle, says in the clip. “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.”
Detailing Jenner’s property portfolio, Michelle mentioned Jenner’s multiple homes in Southern California worth a combined $80 million.“Do you know how much it costs to upkeep $80 million in real estate?” she says. “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.”
Conspiracy theories are running rampant as to whether Kylie Jenner is as wealthy as she says she is.
“She needs money to upkeep her lifestyle,” she adds in the video. “Because she lives way beyond her means.”
“She is not passionate about any of this stuff, she is throwing sh-t at the wall and seeing what sticks,” Michelle says, referring to Jenner’s recent business endeavors, including her fragrance COSMIC, alcohol brand Sprinter and clothing line Khy.
At the same time, Jenner, 26, and her ex Travis Scott, 32, have been trying to sell their seven-bedroom, 10-bathroom Beverly Hills estate since 2022.
The pool.Nils Timm / Compass
The home is in tony Beverly Hills.Nils Timm / Compass
A landscaped outdoor area.Nils Timm / Compass
The property includes a home theater.Nils Timm / CompassThe home, which they purchased in 2018 for $13.45 million, first listed for $21.9 million.
But without any takers, they cut the price four months later to $20 million.
The residence was briefly taken off the market until it resurfaced a few weeks ago — to the new reduced price of $17.9 million.
Kylie Jenner is having a difficult time selling her Beverly Hills mansion amid rumors she is living beyond her means.
In response, “Shark Tank” star and real estate tycoon Barbara Corcoran gave the former couple advice on pricing the home.
Speaking to TMZ, Corcoran says slashing the price from $21.9 million to less than $18 million isn’t enough, and they need to be real when it comes to their asking price.
