Kylie Jenner lists 1.5-acre plot near her Hidden Hills home for $5.5million nearly one year after purchasing
Her beauty empire is simply booming and it appears Kylie Jenner is looking to unload a bit of her real estate portfolio as well.
The 21-year-old recently listed an enormous plot of land near her Hidden Hills home for $5.5million, according to TMZ.
Her hilltop dirt lot spans across 59,743-square-feet of usable development terrain, and was purchased in October 2017 for $5million.
Mogul: Kylie Jenner is looking to unload a bit of her real estate portfolio as she listed a plot of land for $5.5million; seen on Instagram
The 1.5-acre parcel is 'ready to build' in one of the 'most desirable and coveted enclaves,' according to listing agent Tomer Fridman.
In October, the site reported that Kylie had plans 'to turn it into a garden and possible barn with horses since there's a ton of horse trails nearby.'
If she had built on the corner lot, the youngest of the Kardashian/Jenner brood would have had a roughly three-acre home in the luxurious neighborhood.
Vast: Her hilltop dirt lot spans across 59,743-square-feet of usable development terrain, and was purchased in October 2017 for $5million
Kylie recently landed on the August cover of Forbes magazine which focused on 'America's Women Billionaires'.
The cosmetics queen is currently worth an estimated $900million thanks to her makeup line.
Once she crosses the $1billion mark, she will unseat Facebook's Mark Zuckerberg as the youngest-ever self-made billionaire.
Build up! The 1.5-acre parcel is 'ready to build' in one of the 'most desirable and coveted enclaves,' according to listing agent Tomer Fridman
Makeup maven: The cosmetics queen is currently worth an estimated $900million thanks to her makeup line
In the story, Forbes said they estimate that Kylie Cosmetics has raked in $630million since it launched in 2015.
'Even using a conservative multiple, and applying our standard 20 percent discount, Forbes values her company, which has since added other cosmetics like eye shadow and concealer, at nearly $800 million. Jenner owns 100 percent of it,' the article stated.
'Add to that the millions she's earned from TV programs and endorsing products like Puma shoes and PacSun clothing, and $60 million in estimated after-tax dividends she's taken from her company, and she's conservatively worth $900 million, which along with her age makes her the youngest person on the fourth annual ranking of America's Richest Self-Made Women.'
Kylie gave birth to her first daughter, Stormi, on Feb. 1 after a supremely private pregnancy, and has been dating Travis Scott for more than one year.
Family: Kylie gave birth to her daughter, Stormi, on Feb. 1 after a supremely private pregnancy, and has been dating Travis Scott for more than one year; seen at the MTV VMAs in August
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