Rob Kardashian has reportedly been forced to sell one half of his sock company to his mom Kris Jenner according to Daily Mail. The news comes just days after Rob petitioned the court to lower his $20 k a month child support payments for his daughter with Blac Chyna, Dream.
Rob Kardashian is not the wealthiest of the Kardashian/Jenner family by far, in fact, until now we did not even realize that he still owned a sock company. Usually not much is heard about the youngest Kardashian. He has pretty much been ghosted from the Keeping Up With the Kardashians reality series.
However, it seems that Rob claims that he can not afford to pay the ordered $20 k per month to Chyna any longer. New court documents reveal Rob, 31, had no other choice but to sell half of his Arthur George line to his mom just to make ends meet.
Kardashian also blames Blac Chyna, whom he claims pushed him to ‘eliminate’ his social media presence during last years breakup/blowup rant, which led Chyna to obtain a restraining order against Kardashian.
He said in the papers: ‘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. Rob also claims the entire Chyna fiasco cost him a lot of endorsements and earnings that stemmed from his social media circulation.
Not only has his business suffered he is also now forced to live with his mom Kris Jenner lives because he can no longer support himself on his current income.
He continued: “My income now is insufficient to pay for my expenses. 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. I no longer own a home. I now live in my mother’s home.”
Rob added that Blac Chyna is now very well off herself with more than $1.4 million in cash and checking accounts, as well as $1 million in stocks, bonds and other assets, which Rob suggested Chyna could sell in order to make his own child support payments less expensive and, or, perhaps pay him child support.
Many fans question Kardashian’s true financial status wondering how it is that he is the only one of his siblings Kim, Khloe, Kourtney, Kendall and Kylie who is not wealthy.
Despite not filming for the family reality series, fans find it hard to believe that Kardashian’s financial savvy mom, Kris Jenner has not convinced Rob to invest in any hidden business ventures as a silent partner.
Finally, Rob Kardashian claims his income has dwindled from $100,000 per month at the time of their split, to less than $10,000. Times they are tough all over even for a Kardashian.
[Photo Credit: Rob Kardashian/Snapchat]