Kris Jenner is reportedly concerned about her daughter Kylie’s extravagant spending, sources told The Post.
“Kylie spent so much that after buying the jet, her mom had to step in and tell her to slow down,” an insider said.
This follows Kylie being branded a ‘classless’ and a ‘climate criminal’ this week after bragging about her $72million private jet on social media.
On Friday, the 24-year-old beauty mogul posted a photo on Instagram of her own jet parked next to her boyfriend Travis Scott’s plane, captioning it: “Do you want to take mine or yours?”
Then the self-proclaimed eco-crusader – who has donated money to causes including hurricane and wildfire relief – came under fire for taking a 17-minute flight on her private jet for a 26-mile trip that would have taken 39 minutes by car. She even drove 30 minutes in the reverse direction to Van Nuys airport just to board her plane.
Following the backlash, Tuesday Kylie posted a TikTok video of herself shopping at Target with her 4-year-old daughter Stormi and her nieces Chicago and True – which led to detractors on Reddit the caller “out of touch” and accusing him of “trying to seduce us peasants”.
Kylie previously came under fire for her jet usage in 2019 when she picked up her sister Kendall Jenner for dinner on a personalized Global Express plane.
And as she continues to squander hundreds of millions on her lavish lifestyle, sources say her mother – who is also her business manager – is worried.
“Kris urges her to be more responsible with her money, to make smart investments. But Kylie is 24, she has her own brand and she does what she wants,” the insider said.
Another source close to the Kardashians denied that Kris intervened and added: “Kylie has actually always been very good. [with her money] – young but adult at heart. “
Kylie reportedly owns up to five homes in California.
His main residence, in Hidden Hills – not far from where his mother and sisters Kim and Khloé Kardashian also live – has eight bedrooms and 11 bathrooms and measures more than 13,000 square feet. She bought it in September 2016 for $12 million.
In April 2020, she bought nearby vacant land in Hidden Hills for $15 million, hiring Tom Brady’s architect, Richard Landry, to build a new home on the land. According to sources, Kylie wants to build an 18,000 square foot mansion with a 12-car garage (she owns a $3 million Bugatti Chiron and a $300,000 pink Rolls Royce, among other hot wheels), a huge swimming pool , a guest house and a gym.
Not content with those properties, in April 2020 she nabbed a 15,350-square-foot, seven-bedroom mega-mansion in Bel Air for a whopping $36.5 million.
Let’s not forget the seven-bedroom Beverly Hills home she and Scott bought in October 2018 for $13.45 million.
And just for good measure, in February 2019, she bought land near her mother’s desert home at the exclusive private members-only Madison Club in La Quinta for $3.25 million. She also plans to build a house there.
That’s about $80 million in real estate. His decorator must be exhausted.
His behemoth Global Express Jet – a plane larger than a Learjet – cost up to $72 million. It takes about $5 million a year to maintain the custom gear, purchased in 2020 before the pandemic. Although it can fly longer distances, the jet cannot land at most private airfields because it needs a longer runway.
After buying the jet, “Kris Jenner felt she had to step in and tell Kylie to slow down. She worries that her youngest is spending too much money, too fast. But Kylie is her own woman and does what she wants,” the insider said.
Kris said Kylie spends around $300,000 a month on clothes, and not just for herself. Her daughter Stormi has been seen in designer outfits created by Dolce & Gabbana, Fendi, Burberry and Gucci. The little one even wore a $12,000 Hermès backpack on her first day of school. And now Kylie and Scott also have a five-month-old son, whose name has not been revealed.
She’s also said to be shelling out $300,000 to $400,000 a month for security, and that fleet of cars — which also includes a $400,000 Lamborghini Aventador. a $320,000 white Rolls-Royce Ghost and a $460,000 Rolls-Royce Phantom.
Kylie is a billionaire and she wants the whole world to know it.
In November 2019, she reached an agreement with Cotywho bought 51% of his business Kylie Cosmetics and Kylie Skin for $600 million.
Forbes magazine dubbed her the world’s youngest self-made billionaire in March 2019. But in May 2020, the financial magazine stripped her of her coveted billionaire status. He released a scathing report accusing Kylie and Kris Jenner of lying about Kylie’s net worth and Kylie Cosmetics earnings.
Estimating that Kylie is worth just under $900 million, Forbes said“”Kylie’s business is significantly smaller and less profitable than the family has spent years leading the cosmetics industry and the media, including Forbes, to believe,” the magazine said.
Kylie and Kris have been accused of giving the magazine fake draft tax returns with inflated numbers to help “get Kylie Forbes coverage” after her sister, Kim Kardashian, landed the cover in July 2016. according to the report. Kris and Kylie have denied the charge.
Seeming not to take the report seriously, Kylie tweeted, “What am I even waking up to. I thought it was a reputable site…. all i see are a number of inaccurate statements and unproven assumptions lol. I have never asked for a title or tried to lie EVER. period.”
And then she probably went shopping.