Rumors have been swirling around the couple ever since Bruce started living in a separate house in Malibu, which is about 20 minutes from where Kris lives with their daughters Kendall and Kylie Jenner.
Kris was also spotted out recently without her wedding ring, which in the past had always been a fixture on her finger.
Various members of the family had denied that there was trouble in paradise between the momager and her husband, but now the couple has confirmed the news themselves.
"We are living separately and we are much happier this way," they exclusively told E! News.
"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 number one priority."
We wish Kris, Bruce and the kids all the best during this difficult time.