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Listed for $1 billion, The Mountain of Beverly Hills is officially the most expensive property in the history of Los Angeles (if not the world). Let that soak in. Yes, billion with a “b”—as in Bezos, Buffett and Bloomberg.

If you’re super rich, audacious and aroused enough to place the winning bid, bring your glamping gear. That jaw-dropping price tag is just for the panoramic tract of semi-developed land overlooking Los Angeles.

But what a small inconvenience compared to what you are getting—the most exclusive promontory real estate in the USA. One-of-a-kind, The Mountain spans a stupefying 157 acres (nearly twice the size of Disneyland), with an über private road that serpentines skyward toward 90210’s largest and loftiest peak, a summit best admired by helicopter.

That view is like virtually dropping Disneyland onto Mount Baldy (L.A.’s highest peak), where you’re the only guest at the park (no cars, tourists, hikers or Mickey Mouse).

source: Forbes

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Kylie Jenner at her mother Kris' house in Calabasas, Calif.

Just 20 when this story publishes (she’ll turn 21 in August) and an extremely young mother (she had baby daughter Stormi in February), Jenner runs one of the hottest makeup companies ever. Kylie Cosmetics launched two years ago with a $29 “lip kit” consisting of a matching set of lipstick and lip liner, and has sold more than $630 million worth of makeup since, including an estimated $330 million in 2017. Even using a conservative multiple, and applying our standard 20% discount, Forbes values her company, which has since added other cosmetics like eye shadow and concealer, at nearly $800 million. Jenner owns 100% of it.

 

source: Forbes

 

All the Jenners and Kardashians owe their careers to their mother, Kris.


John Paul Dejoria, co-founder of John Paul Mitchell Systems and Patron Tequila, really is living the American Dream.
Mr Dejoria admitted that he was once homeless with a child in his early twenties, but that just stoked his passion to succeed.
He tells Bloomberg the business ethos that fuelled his meteoric rise to the top.
Source: Bloomberg

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Dr. Dre could be days away from being the first rapper turned BILLIONAIRE … thanks to a mega-deal for Apple to snatch up his Beats Electronics brand.

Apple will reportedly buy Beats for a whopping $3.2 BILLION — and since Dre and Interscope honcho Jimmy lovine created the brand … it’s a safe bet they will walk away with a huge chunk of that cash.
Source: TMZ

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