The famous family reportedly needs 'a miracle to save them' from the fallout of their extravagant spending.
- Apr 26, 2016
AceShowbiz - The family of "Keeping Up with the Kardashians" is facing "serious" financial crisis, Radar Online reports. The famous family reportedly needs "a miracle to save them" from the fallout of their extravagant spending.
The site pointed out at a series money problems surrounding Kim Kardashian and her big family, including debt-ridden boyfriends and husbands, a new $180 million lawsuit and flagging ratings on their reality show.
An insider shares, "The family needs a miracle to save them from hemorrhaging their dwindling cash." Kim recently blamed her mom Kris Jenner for mismanaging her money, although it's Kim herself who "blows over $300k a month on shopping alone - and that's just not sustainable," according to the insider.
Kim's husband Kanye West recently admitted to burning through millions and being "in debt" after failing to prove himself as a fashion designer. The insider says, "They all got pretty complacent about money when Kanye came on the scene, but turns out he's worse with money than they are!"
Kim, Khloe Kardashian and Kourtney Kardashian are also facing a $180 million lawsuit after an investor accused them of "deceit" and "fraud" in dealings with their failed Kardashian Beauty line.
"This lawsuit couldn't have come at a worse time," shares the insider, adding, "Kim's made a few inroads to earning more with her gaming app. [However,] Khloe's show flopping and Kourtney barely earning a dime on her own in years isn't helping. Kris is tearing her hair out with worry - there's way too much going out and not enough coming in. This family is headed for real trouble if they don't start turning things around fast."
