Kanye West and Kim Kardashian West 'to pay R202m for Miami apartment'
Celebrity duo Kanye West and Kim Kardashian West are reportedly set to pay R202 million for an apartment in Miami.
The 41-year-old rap star and Kim, 38 - who have kids North, five, Saint, three, and 11-month-old Chicago - have decided to part with the eye-watering sum to acquire an apartment in one of the city's most eye-catching locations.
A source told the New York Post newspaper's Page Six column: "Kim and Kanye have been spotted viewing the property in the last month, and they are now in contract to buy it for $14 million(R202 million). The sale is expected to close in January."
Faena House, which is an 18-story luxury beachfront tower, is designed by the world-famous architect Norman Foster, who also masterminded the design of the Gherkin in London.
Kanye and Kim's new property reportedly features four bedrooms and five 1/2-bathrooms, while their building is home to a private gym, a spa, a swimming pool and a concierge.
Meanwhile, Kris Jenner - Kim's mother - reportedly spent as much as R7.1 million on her Christmas Eve party.
The showbiz matriarch staged her annual December 24 bash at the Hidden Hills home of Kim and Kanye - and she spared no expense in making sure the family's 200 guests had a great time, with an insider saying the event is crucial to the family's "image"
A source explained: "The party needs to be eye-popping because it sets the tone for their empire - it creates a fantasy world and makes people want to tune in, so $500,000 (R7.1 million) is nothing for them.
"The grand spectacle of the party also helps sell Kylie [Jenner's] make-up, Kim's perfumes, and Khloe [Kardashian's} jeans. It's all about image."