Kylie Jenner might not actually be a billionaire yet, but she is certainly well on her way. The 22-year-old began making her money as a regular on her family’s reality series, Keeping Up with the Kardashians as a little girl. However, as she got older she launched her own beauty empire Kylie Cosmetics.
What began as a company that sold lip gloss and liners in the form of lip kits, has now become a massive brand that sells all types of makeup products and skincare. It’s made the mogul quite a wealthy woman. While some celebrities are more modest with their wealth, Jenner uses her Instagram account to showcase her money every chance she gets.
We know that she has massive car, shoe, handbag, and wig collections. Therefore fans were stunned when Jenner posted a recent photo of an empty closet.
Kylie Jenner’s spending habits are worrisome
The KUWTK starlet was humiliated when Forbes wrote a scathing expose about her actual net worth and company, stripping her of her billionaire status. The report, “Inside Kylie Jenner’s Web Of Lies — And Why She’s No Longer a Billionaire,” accused Jenner and her mother, Kris Jenner of forging financial and tax documents.
Jenner has denied all accusations and with a new net worth of just under $900 million, she is still very wealthy. In fact, the KarJenners are reportedly concerned about her spending habits.
Page Six is reporting that Jenner spent $130 million last year alone. “Kylie’s sisters are concerned about her spending,” a source shared. “Yes, she’s got a lot of money — but she doesn’t seem to realize how easy it is to blow through all of it.”
RELATED: Kylie Jenner’s Shoe Closet Is Almost as Impressive as Her Designer Handbag Collection
Kylie Jenner just brought a $36.5 million resort-style mansion
While most of us were in quarantine, Jenner nad her daughter Stormi were moving into their resort-style house. Located in the exclusive Holmby Hills neighborhood of LA, Jenner’s new house is 19,250 square feet. It includes seven bedrooms and 14 bathrooms.
In addition to the bedrooms and bathrooms, the home also includes an outdoor projection screen, indoor home theater, bars, a game room, a gym, and a sports court. There are also guest apartments and guest suites with their own private entrances.
“This Holmby Hills estate is a great investment,” an insider told Hollywood Life. “Nobody knows whether or not she’ll stay there permanently, but just the fact that she’s living there is already increasing the property’s value. This home makes sense for now because not only is it magnificent and obviously a fantastic place to quarantine with her and Stormi. But once this is all over and things go back to normal, she’ll be in the heart of LA, which is where she loves to spend time with friends and enjoys going out.”
However, it looks like Jenner hasn’t moved in completely yet.
Kylie Jenner just showed off her empty closet
Since Jenner has shown us her luxury handbag and shoe collections, fans were alarmed when they spotted her empty closet on a recent Instagram story.
Obviously her Hermès Birkin and Chanel handbag collections didn’t just get up and walk away. Instead, it appears that Jenner is either still moving her things into her new home, or reorganizing and restructuring her closet to her liking. We’re sure we’ll get a glimpse of the completed closet once it’s finished.
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