It is shocking to realise that Kailyn Lowry’s net worth is $28,000, which is very low considering her past.
Despite starting in MTV shows and launching a line of cosmetics, Lowry has lost all of her money due to bad financial planning.
Today in 2024, she has just $1,700 in Bank and is due on house mortgage. Soon she is expected to be evicted.
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How did she go broke?
Lowry has made some poor financial decisions losing over $250,000 in stock market investments and gambling.
In 2018, she filed for bankruptcy after failing to pay off $132,000 in debt. She has also been involved in several lawsuits.
Another reason is that she is simply living beyond her means. Lowry had a lavish lifestyle, which included a large home, expensive cars, and designer clothes.
She was spending $100k every month on watches and designer wear. She also has three young children to support which compounded her problems.
Debts
Lowry has borrowed a lot of money from her family, friends, and co-stars in recent years. She owes them over $1 million as of today.
In January 2024, Lowry borrowed $250k from a friend who happens to be a famous Hollywood actress.
She also owes her family $410k in total. Lowry also borrowed huge sums of money from outside lenders at a shocking interest.
House
Lowry owns no property and has nowhere to stay. She is currently living with her mother and paying her mother’s bills.
She used to own a luxury 3-bedroom apartment in Los Angeles, but she failed to pay the monthly EMIs, and the property went into foreclosure.
Divorce
Lowry began dating Javi Marroquin. They got married in 2013 and have a child together. However, their marriage also ended in divorce in 2016.
She filed many lawsuits against Javi seeking child support payments but he had better lawyers and she ultimately got nothing. That was her last hope to make some money.