In a new cover story for PAPER Magazine, Jenner, 21, opened up about her finances — and responded to the backlash over her Forbes cover last summer.
In July 2018, the makeup mogul was named one of America’s richest self-made women — with many wondering if “self-made” could apply to someone from a wealthy family like the Kardashians.
To set the record straight, Jenner told PAPER that her parents, Kris and Caitlyn Jenner, “cut her off at the age of 15.”
“I had such a huge platform, I had so many followers already and I had so many people watching me,” Jenner said, adding that “the self-made thing is true.”
“My parents told me I needed to make my own money, it’s time to learn how to save and spend your own money, stuff like that,” she said. “What I’m trying to say is I did have a platform, but none of my money is inherited.”
As seen Keeping Up with the Kardashians, she still lived with mom Kris until she turned 18, buying a $2.7 million Calabasas mansion in 2015. At the time, Jenner told InStyle U.K. that Kris had stopped funding her lifestyle three years earlier, “getting cut off is more of a technicality.”
“She had a refrigerator full of food and all the luxuries that come with [living with] Mom but unless it was a gift, if she wanted a new Chanel bag, Kylie was the one paying for it,” the source said.
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