After months of speculation, Bruce and Kris Jenner announced Tuesday that they are separating after 22 years of marriage.

"We are living separately and we are much happier this way," the two told E! News exclusively. "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."

Bruce and Kris have two children together, Kendall and Kylie, plus four children each from previous marriages.