Is Kanye West A Homeless Billionaire?
Kanye West might be a homeless billionaire. This may come as shock to fans. The rapper has been under fire for his anti-semitic comments and White Lives Matter T-Shirt line. He continues to share his extremist views in his media rounds.
According to a new report, Kanye is “blowing” through his income. He’s hopping around from place to place because he doesn’t have a permanent home. While he’s a billionaire, he’s living more like a homeless nomad. Kanye doesn’t have a place to call home even though he purchased a home next to his ex-wife Kim Kardashian.
Didn’t Kanye West purchase a new home?
Per TMZ, Kanye West purchased a Hidden Hills home next to the Keeping Up With the Kardashians alum. However, the problem with the house is that it needs a complete renovation. Kanye purchased the home so he could be closer to his children. The Yeezy designer has shared the details of their complicated co-parenting relationship on social media.
Kanye purchased the home in 2021 but hasn’t remodeled it since. Since he’s constantly traveling, he’s never at home. His non-stop traveling was a problem in their marriage. Kim and Kanye lived separate lives.
Kanye spent most of his time in Wyoming. However, he sold his ranch for $14 million last year, per Forbes. He also purchased land in Malibu. The “Jesus is King” star wants to live next to Kim and his kids. He gutted the home and it’s far from completion.
What is Kanye West’s 2022 net worth?
Per Celebrity Net Worth, Kanye West’s 2022 net worth is $4 billion. He’s made most of his money from his music over the years. Kanye pivoted away from music and toward the fashion industry. He made money due to the popularity of his Yeezy/Adidas partnership.
Yeezy’s value is around $3 to $5 billion. He also had a partnership with The Gap that added another $1 billion to his net worth. Kanye also made money from his various businesses and endeavors. He reportedly has $6.7 billion in total assets.
Blowing through his money
Per a new report via TMZ, Kanye West is blowing through his money. He’s living like he has more than billions. Sources told the outlet that he’s wasting his money on hotels and rental homes. He’s also been spending way beyond his means.
Kanye West also made some “rash business decisions.” For instance, he fired Shervin Pishevar from his Yeezy brand. In lieu of his recent controversies, Kanye lost his advisors and publicists. His alleged former friends say he’s blowing “through his money like it’s water.”
BREAKING: Ye, formerly known as Kanye West, to acquire conservative social media app Parler, the platform has announced.
The move comes a week after the rapper was locked out of his Twitter account and restricted on Instagram for antisemitic posts. https://t.co/P68yuPVMdx
— NBC News (@NBCNews) October 17, 2022
Some fear that Kanye could end up homeless and broke. He recently purchased a $50 million penthouse, along with numerous other properties. Now, he’s in talks to purchase the conservative social media app Parler. There’s been growing concern over Kanye’s mental health and well-being. He doesn’t have a solid group of people to help him out.
What are your thoughts on Kanye West blowing through his money? Do you believe the report that he’s a homeless billionaire? Do you think he’ll lose his money? Sound off below in the comment section.
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