So what are your thoughts on the recent Kayne West shit?
Personally, I think it's bullshit...
Just drop your new album and even if you are "debt" you'll have that situation under control quite easily.
Then again being 53 M in "debt" doesn't mean he can't have other money soooooo, yea...
Here's an article on it :
Kanye West, Kim Kardashian's controversial rapper husband, recently tweeted that he has "$53 million dollars in personal debt." Now that left everyone wondering where could such a huge figure go?
According to E! Online, a source told E!News that the actor wasn't exactly "$53 million in debt," the figure that the actor referred to was the amount he spent in the span of 13 years. For the average guy, $53 million is still too much to be spent within 13 years, but for West, it is possible.
CNN reported Kanye's exact tweet. It was, "I write this to you my brothers while still 53 million dollars in personal debt... Please pray we overcome... This is my true heart..."
As the saying goes, you need money to make money. West's investments on fashion, music videos and films can bring the sum to millions. The source said, "He always invests in himself and that's where that number came from."
In referring to himself, West said that he was personally rich and that he can buy houses and furs for his family. This just hints that he has his own money and he does not depend in any way on his wife's income. Kim certainly draws the line when it comes to financial matters as her income is always separate from that of West's.
Here are bits and pieces of West's earnings over the past years. In 2014, he was number 20 on the top 100 highest-paid celebrities by Forbes. His tours brought in huge chunks of money. The Yeezus tour garnered $25 million. He's also number six on Hip-Hop's Cash Kings, pegging the figure at $30 million.
As to his expenses, he's clearly splurging on stuff. His lifestyle is a total disparity between his statements of being in debt. Two of his music videos breached the $1 million mark. His fashion wear costs hundreds of dollars, which for the average guy would be too much. And if this is not enough, who would spend $3.3 million for a proposal? Only Kanye, as this was the cost he incurred during that 2013 proposal he made to Kim.
Nonetheless, the net worth of Kanye is still at $145 million, a figure that makes the guy rich by any standard. So the $53 million debt tweet may be treated as nothing more than a mere self-expression.
Sources : http://www.parentherald.com/