Has Kylie Jenner’s Lip Kit Empire Left Her Flat Broke?

Could Kylie Jenner be finding herself strapped for cash and going broke?

New reports claim Kylie’s spending has been getting away from her in recent months as she’s reportedly been shelling out a serious amount of cash on her lip kits, and the costs are now adding up. Radar Online is claiming that Kylie is supposedly “now in danger of going flat broke” after spending millions on her business ventures and her lavish lifestyle.

“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,” an insider close to the Kardashian and Jenner clan alleged to the site about Kylie’s supposed money problems.

“Kylie’s poured millions into her ill-performing cosmetics company,” the source confessed, referring to Kylie’s company Kylie Cosmetics, which just announced that it would be expanding beyond lip kits and into eyeshadows.

The site’s Kylie insider also alleged that Jenner had been financially supporting her on/off boyfriend, Tyga, and she was even lending cash to some of his broke friends.

“[Kylie’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 source claimed of why Jenner could be going broke.

Radar Online even claimed that Kylie had been “bankrolling” Tyga during their rocky relationship, claiming that the Keeping Up with the Kardashians reality star had given the rapper close to $2 million to work on his musical ventures, but he allegedly now refuses to pay back the cash.

“She was always helping him,” the site’s insider continued, ” [she] paid his legal bills when he was getting out of his record contract and funded most of his latest album, which flopped.”

However, Jenner recently denied the report on social media last month, calling speculation that she dished out millions to the rapper as being “lies, lies, lies.”

But despite Kylie’s big denial, Radar Online is also claiming that Kylie’s extravagant lifestyle is part of the reason she’s supposedly been running out of money.

“The biggest problem is Kylie’s lifestyle — she’s been burning through a fortune on private jet travel, real estate, fashion splurges, surgery,” the site reported of Jenner, alleging that Kylie “has zero sense of financial responsibility and it’s taken a real toll.”

But as rumors continue to swirl about Kylie’s alleged financial crisis, if Jenner is, in fact, finding herself in danger of going broke, she’s certainly not making it known.

Kylie recently spoke out about her financial situation in the June 2016 issue of the British issue of Glamour Magazine, where she claimed to be pretty good with money and confirmed that she hadn’t taken a penny from her mom, Kris Jenner, in years.

“I haven’t had a dollar of my mom’s money in five years,” Kylie said in the interview, destroying the myth that she relies on her famous family members for money. “Ever since I started earning my own money, I’ve paid for everything: all my cars, houses, clothes, everything.”

Jenner also told the magazine at the time that she actually “likes to know exactly what’s going on” when it comes to her finances, revealing that she’s “actually quite careful with what I spend” and admitting that she considers herself to be an inspiration as a business woman because she doesn’t depend on anyone but herself.

“I make my own money and start my own businesses, and I feel like I’m an inspiration for a lot of young girls who want to stand on their own,” Kylie told Glamour UK.

What do you think of reports claiming that Kylie Jenner may be short on cash?

[Photo by Dimitrios Kambouris/Getty Images]