Is Kris Jenner worried about Kylie Jenner's lavish lifestyle? TV star tells daughter to 'slow down'
Kris Jenner is reportedly concerned about her daughter Kylie Jenner’s excessive spending after the latter's latest Instagram post. The fashion mogul recently shared a picture with her partner Travis Scott in which the couple was seen with two private jets in the background.
After Kylie bought a jet, the expensive purchase reportedly made her mother Kris worried. According to a Page Six source, “Kylie has been spending so much that, after she bought the jet, her mom had to step in and tell her to slow down.”
Kylie Jenner called out for showing off
On Friday, July 15, Kylie was labeled as a “climate criminal” after bragging about her $72 million private jet on social media. The 24-year-old beauty mogul posted an Instagram photo of her own jet parked next to boyfriend Travis Scott’s plane. She captioned it, “You wanna take mine or yours?”
Apparently, Kylie was slammed for taking a 17-minute flight on her private jet for a 26-mile journey that would have taken 39 minutes by car. Users on Redditcalled her “out of touch” and accused her of “trying to appeal to us peasants.”
Now, Kylie's business manager mom is reportedly worried about her daughter's extravagant spending. Kris is urging her daughter to be more responsible and ensure wise investments. Insiders said, "But Kylie is 24, she has her own brand, and she does what she wants.”
However, sources close to the Kardashians denied that Kris has been prompting her daughter to be careful. “Kylie has actually always been very good [with her money] — young but adult at heart," they said.
Kylie Jenner's real estate investments
Kylie Jenner reportedly owns as many as five homes in California. She resides in a Hidden Hills home that boasts eight bedrooms and 11 bathrooms. Kylie bought the home in September 2016 for $12 million. In April 2020, after purchasing a nearby vacant plot in Hidden Hills for $15 million, the beauty mogul plans to build an 18,000-square-foot mansion with a 12-car garage, a massive pool, guest house, and gym.
Around the same time, Kylie bought a 15,350-square-foot mega-mansion in Bel-Air for $36.5 million. Along with it, Kylie is also the owner of a seven-bedroom Beverly Hills home with her partner Travis Scott purchased in October 2018 for $13.45 million.
Additionally, in February 2019, Kylie purchased land near her mom Kris Jenner's desert home, at the exclusive, private, members-only Madison Club in La Quinta for $3.25 million. She is also a proud owner of the Global Express Jet which costs $72 million and needs $5 million a year for maintenance.
Did Kylie Jenner lie about her billionaire status?
Forbes magazine named Kylie Jenner the world’s youngest self-made billionaire in March 2019. But in May 2020, it published a report accusing Kylie and Kris Jenner of lying about Kylie’s net worth and income from Kylie Cosmetics.
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Forbes estimated that Kylie is worth just under $900 million. It said, “Kylie’s business is significantly smaller and less profitable, than the family has spent years leading the cosmetics industry and media outlets, including Forbes, to believe.”
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