Kim Kardashian will be keeping the $60 million estate that she shared with estranged husband Kanye West as their divorce moves forward.
According to court documents obtained by TMZ on Tuesday, the 40-year-old SKIMS mogul will become the sole owner of the home where she has lived with the former couple’s four children since she filed for divorce in February.
Kim reportedly negotiated a buyout price with the 44-year-old rapper in order to purchase the Hidden Hills mansion outright, according to TMZ.
Staying put: Kim Kardashian will be keeping the $60 million estate that she shared with estranged husband Kanye West as their divorce moves forward. Seen in 2019
All hers: According to court documents obtained by TMZ on Tuesday, the 40-year-old SKIMS mogul will become the sole owner of the home where she has lived with the former couple’s four children since she filed for divorce in February
The insider went on to say that the negotiations between the two were ‘extremely cordial’ and the reality star paid the Flashing Lights hitmaker in cash to smooth over the process.
The couple bought the mansion in 2014 for $20 million and Kanye led a complete redesign of home with the assistance of famed Belgian interior decorator Axel Vervoort.
In February 2020, Kardashian and West showcased their minimalist home for the first time in a feature for Architectural Digest, with Kanye praising Vervoordt’s work.
Renovation: The couple bought the mansion in 2014 for $20 million and Kanye led a complete redesign of home with the assistance of famed Belgian interior decorator Axel Vervoort
Redesign: In February 2020, Kardashian and West showcased their minimalist home for the first time in a feature for Architectural Digest , with Kanye praising Vervoordt’s work
‘When I saw the kind of work he was doing, I thought, This man could design Batman’s house. I had to work with him,’ Kanye said in an interview.
He continued, ‘It was a coup to get Axel to come to Calabasas to redo a McMansion, which is essentially what the house was.’
Kardashian and West reportedly spent $20 million in renovations.
On the market: On Monday, Kanye listed his Wyoming ranch for $11 million
Bachelor pad:Last month, the Grammy Award winner bought a $57 million Malibu mega-mansion
In January, a source told Page Six that Kim wanted to persuade Kanye to let her keep the estate.
‘Kim is trying to get Kanye to turn over the Calabasas house to her, because that’s where the kids are based and growing up,’ the insider said.
‘That is their home. She owns all the land and adjoining lots around the house but Kanye owns the actual house. They’ve both put a lot of money into renovating it.’
On Monday, Kanye listed his Wyoming ranch for $11 million. Last month, the Grammy Award winner bought a $57 million Malibu mega-mansion.
Sorry: Meanwhile Kanye reportedly ‘regrets’ how he behaved in his marriage to Kim. Seen in 2020
Meanwhile Kanye reportedly ‘regrets’ how he behaved in his marriage to Kim.
The 40-year-old reality star filed for divorce from the ‘Hurricane’ rapper in February this year, and it has now been claimed Kanye ‘knows that he hurt Kim’ at times during their marriage and regrets some of his actions.
A source said: ‘There were things that happened in their marriage that Kanye regrets. He wasn’t always the best husband. He knows that he hurt Kim. He will always love her though.’
And the insider also claimed Kanye still ‘occasionally’ wears his wedding ring despite his split from Kim.
Hoping for a reconciliation: And the insider also claimed Kanye still ‘occasionally’ wears his wedding ring despite his split from Kim. Pictured in 2016
The insider added to People magazine: ‘Sometimes it seems that he hopes Kim will change her mind about the divorce.’
Meanwhile, other sources recently insisted the star will not be rekindling her romance with Kanye, despite joining him at the listening party for his new album DONDA when she appeared in a white wedding gown and recreated her marriage to the rapper.
An insider said: ‘They have come a long way since Kim filed for divorce. It’s taken them months to get to this point. Kim is happy that they get along and that things are amicable. The kids will always be her number one priority. She wants to have a friendly relationship with Kanye, because it benefits the kids.’
Friendly exes: Whilst there’s no chance of Kim and Kanye – who have North, eight, Saint, five, Chicago, three, and two-year-old Psalm together – being together, they’re still great friends
Whilst there’s no chance of Kim and Kanye – who have North, eight, Saint, five, Chicago, three, and two-year-old Psalm together – being together, they’re still great friends.
A source shared: ‘Kim and Kanye have a friendly relationship. It’s always been important to Kim to have a good relationship with Kanye.
They are not getting back together though. She accepted his lunch invitation earlier this week because they are at the point now when they can hang out. There are no hard feelings.’
Kim still appreciates Kanye ‘s business advice and guidance. She is happy that they can hang out. For a long time, Kanye was very upset and disappointed that Kim filed for divorce. She understood why and gave him space.’
