'We are living separately and we are much happier this way,' they 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.'
Us Weekly report that the couple kept the separation a secret for an entire year and are not divorcing because they have no prenuptial agreement in place.
In the wake of the split, Kris' daughter Khloe Kardashian was seen stepping out for the first time with her husband Lamar Odom in apparent bid to rally around Kris, claim TMZ.
Downcast: Kris looked downcast as she left her daughter Khloe's house in Calabasas on Tuesday, the day she made her split with Bruce public
Downcast: Kris looked downcast as she left her daughter Khloe's house in Calabasas on Tuesday, the day she made her split with Bruce public

Solo: The reality star cut a solo figure driving her white Mercedes SUV
Solo: The reality star cut a solo figure driving her white Mercedes SUV

Indeed, there was mounting speculation that Kris and Bruce's relationship was over since last year.
Kris, 57, previously brushed off rumours they had split after her husband moved out of their family home in Calabasas, California, and into his own beach house in Malibu.
She said: 'We just laugh it off. We love each other and just laugh about it...These kind of stories have been circulating for the last couple of years.'