KYLIE Jenner is reportedly finding herself in a spot of financial bother.
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The 18-year-old is said to have been spending her money so carelessly that she’s now in danger of ending up completely broke.
“She’s putting it out there that she’s got upwards of $10million in her account, but the truth is that she’s worth less than a quarter of that,” an unnamed source has said.
A quarter of $10m is $2.5m, so if that’s the new definition of broke then where do we sign up?
The insider added: “Kylie’s poured millions into her ill-performing cosmetics company, plus 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.”
We’re not sure quite how “ill-performing” would be defined, though, if her latest release of eyeshadow palettes is anything to go by.
Just like her lipkits, her Kyshadow palettes all sold out in less than a minute – and priced at $42 a pop, there’s probably a pretty profit rolling in.
Tyga has reportedly been the biggest burden on the reality star’s bank account, after apparently scrounging more than $2m from her.
And it is thought she has asked for the money back, intending it to be a loan rather than a gift.
But, the source continued to Radar, it’s simply Ky’s lavish lifestyle that is the biggest problem.
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,” they said.