Remember Cindy Crawford? If not, you will remember her now after hearing the latest piece of news. Beauty mogul Kim Kardashian has made a big move recently as she has doubled down a deal on Cindy Crawford’s former house located in Malibu, California, reports ET. Talking about the reality star, she purchased the real estate wonder at a whopping price of USD 70.4 million. Kim, for the unversed, currently resides in her USD 60 million Hidden Hills Estate with her children from her marriage with rapper Kanye West.
View this post on Instagram
The property details
Talking about the magnificent property, it is reportedly said to be a nearly 7,500-square-foot home that encompasses four bedrooms with five and a half bathrooms. The said unit is said to be built on a 3.18-acre property situated at the Encinal Bluffs. The house is built in Mediterranean style and the features added to the property include an open floor plan and, of course, a gym. The most romantic part about the residence is its private path that leads to a secluded beach. Talking about Kim Kardashian, she has been very vocal about her love for beaches while stating that her children also love playing in the waters.
The whopping property includes multiple other facilities that include a tennis court, a poolside cabana, an outdoor fireplace, a spa, and more! However, it is still not clear whether Kim is moving to the property with her children.
Apart from being a beauty mogul, Kim Kardashian is also known to be a successful entrepreneur. Earlier, the diva joined her business partners in opening a private equity firm. For the unversed, she launched her own private equity firm with a former partner from the US powerhouse named the Carlyle Group. Talking about Kim, the billionaire reality TV star and celebrity influencer announced her new venture on Twitter. She stated that the said firm would aim to make small investments or take stakes in market-leading and high-growth media and consumer companies.
Kim Kardashian’s new firm is planning to focus on consumer products, hospitality, luxury, and media fields. It will reportedly also consider making investments in e-commerce and digital firms.
I’m pleased to announce the launch of @SKKYPartners with private equity veteran Jay Sammons as co-founder and co-managing partner, along with @KrisJenner who will serve as partner at our firm. pic.twitter.com/KExQTsVGbf
— Kim Kardashian (@KimKardashian) September 7, 2022
Kim Kardashian also took to social media to announce her new venture back then, which reads, “I’m pleased to announce the launch of @SKKYPartners with private equity veteran Jay Sammons as co-founder and co-managing partner, along with @KrisJenner who will serve as partner at our firm.” She further added in the same tweet, “Together we hope to leverage our complementary expertise to build the next generation Consumer & Media private equity firm. For more information, visit http://SKKY.com and follow us at @SKKYPartners on social media.”
Cindy Crawford is an American model and actress who is known for her stellar acting performances and expansion of business ventures. She has her own line of beauty products and is an entrepreneur too.