"We are living separately and we are much happier this way," the couple tells E!, home to their family's many reality shows. "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."
Rumors of a split have been circling the pair for months, with the Kardashian matriarch's sister confirming the separation just last week.
According to TMZ, Bruce has been living in Malibu while Kris has maintained residence with her daughters Kendall and Kylie in Calabasas.
Kris also spoke to Us Weekly, revealing that they kept the separation under wraps for a year and reiterating that there's no bitterness between the two.
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."
Emily Sutherlin is also the Pregnancy Examiner.
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