Kylie Jenner buys $35 million resort mansion

Billionaire and reality star Kylie Jenner has bought a  $36.5 million resort mansion in Holmby Hills, TMZ reported.

Jenner's new 15,000-square-foot home first surfaced for sale last summer at $55 million, records show. The property boasts a single-story home built last year, a guesthouse, a basketball court and a chic outdoor space with a pool, fire pit and projection screen.

Jenner, 22, is largely known for the reality series "Keeping Up With the Kardashians," which follows the lives of her siblings, in-laws and parents.

Last year, she sold the controlling stake in her cosmetics company, Kylie Cosmetics, for $600 million. Forbes lists her as the youngest self-made billionaire, with net worth at $1 billion.