Kylie Jenner has burnt through her cash and her lifestyle is to blame
Jenner, 18, made a bad decision by pouring millions “into her ill-performing cosmetics company, Kylie.
Reality TV star Kylie Jenner is reportedly on the verge of bankruptcy mainly due to bad investment in her cosmetic line, Kylie.
Jenner, 18, made a bad decision by pouring millions “into her ill-performing cosmetics company”, reported Radar Online.
Read: Kylie Jenner looks more like Lady Gaga than herself in new photoshoot
“She’s putting it out there that she’s got upwards of USD 10 million in her account, but the truth is that she’s worth less than a quarter of that,” a source said.
“She’s quietly sponsored a bunch of Tyga’s (boyfriend) friends who’ve hit her up for loans that total hundreds of thousands at a time.”
Read: Things we do for fashion! Kylie Jenner’s MET Gala dress made her bleed
Jenner’s biggest problem, however, is reportedly her lifestyle.
“She’s been burning through a fortune on private jet travel, real estate, fashion splurges, surgery. She has zero sense of financial responsibility and it’s taken a real toll,” the source said.
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