Search

Rob Kardashian forced to sell sock company to Kris Jenner

Rob Kardashian‘s in the red.

The former “Keeping Up With the Kardashians” star, who’s looking to pay less child support to Blac Chyna, is doing so poorly financially that he was forced to sell his Arthur George sock line to mom Kris Jenner, according to documents obtained by The Blast.

“When the business was struggling, my mother infused it with capital to keep it afloat and from her infusion gained a 50% share in the company,” he wrote.

He also blamed Chyna’s domestic violence restraining order against him for reducing business, as he couldn’t post on social media.

“Previously, the line’s success was in large part due to my regular posting and general promotion on social media,” he wrote. “Angela’s request for a restraining order against me includes various prohibitions on what I could post online. In order to avoid any potential future issues, I nearly eliminated my social media presence.”

Forced to turn down promotion and endorsement opportunities, Rob admitted he can’t pay his expenses and had to move in with his mom.

“As of Jan. 17, 2018, I am short nearly $300,000 which my accountant projects I will need to pay for my 2107 tax liabilities,” he shared. “I no longer own a home. I now live in my mother’s home.”

Kris reportedly purchased a $2.3 million home for Rob in 2016.

The momager confirmed Rob’s claims in her legal declaration.

“I helped Robert with his sock line business, Arthur George. I infused the business with capital, purchased goods, and set up distribution and fulfillment centers amongst other tasks,” she wrote. “In exchange for the work I did and the money I put in, I acquired 50% interest in the business.”

Kris also has continued to promote the sock line on her Instagram page, most recently posting a photo on Oct. 7 of a Halloween-themed pair.

Let's block ads! (Why?)

https://pagesix.com/2018/11/14/rob-kardashian-forced-to-sell-sock-company-to-kris-jenner/

Bagikan Berita Ini

0 Response to "Rob Kardashian forced to sell sock company to Kris Jenner"

Post a Comment


Powered by Blogger.