"We are living separately and we are much happier this way," the couple of more than two decades told E! News in a statement. "But we will always have much love and respect for each other. Even though we are separated, we will always remain best friends, and as always, our family will remain our No. 1 priority."
The Olympian, 63, and the Kardashian matriarch, 57, were married in 1991. They have two daughters together, Kendall, 17, and Kylie, 16, and each have four children from previous marriages.
In April, the couple celebrated their 22nd wedding anniversary amid rumors of a split, but put on brave faces.
"Happy Anniversary Bruce!!!!" Kris Jenner wrote on Instagram. "Best 22 years I could ever have imagined. ... Hope the next 22 is even more fabulous. ... I love you!"
Since then, however, the two have been spending more time apart, as was depicted in their E! reality TV series, "Keeping Up With the Kardashians." (Bruce Jenner had been staying at a home in Malibu, Calif., while Kris Jenner stayed at the couple's house in Calabasas.)
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