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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.

Published on: Jul 28, 2016, 13:14:30 IST
By , Los Angeles
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Reality TV star Kylie Jenner is reportedly on the verge of bankruptcy mainly due to bad investment in her cosmetic line, Kylie.

Kylie Jenner apparently is broke now and her cosmetics  company is doing nothing to help her. (Instagram)
Kylie Jenner apparently is broke now and her cosmetics company is doing nothing to help her. (Instagram)

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

mooooood😄

A photo posted by King Kylie (@kyliejenner) on

bye bye ✈️

A photo posted by King Kylie (@kyliejenner) on

Jenner’s biggest problem, however, is reportedly her lifestyle.

A photo posted by King Kylie (@kyliejenner) on

A photo posted by King Kylie (@kyliejenner) on

“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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