Kylie Jenner Reportedly Going Bankrupt
18-year-old Kylie Jenner seems to be going extremely broke due to her lavish lifestyle and bad investment in her rickety cosmetic brand.
According to new report on Radaronline, “She’s putting it out there that she’s got upwards of $10 million in her account, but the truth is that she’s worth less than a quarter of that.”
Kylie made a wrong decision of investing millions “into her ill-performing cosmetics company.” An insider says, “She’s quietly sponsored a bunch of Tyga’s friends who’ve hit her up for loans that total hundreds of thousands at a time.” The rapper himself is alleged of “siphoning off over $2 million” from the reality TV star.
Her lifestyle is her major problem, “She’s been burning through a fortune on private jet travel, real estate, fashion splurges, surgery,” the so-called insider adds. “She has zero sense of financial responsibility and it’s taken a real toll.”
Kylie recently launched a new product, bronze Kyshadow palette, which was sold out just one minute after the release, according to E! Online.