When you grossed $72 million since 2013, you would think you have some wiggle room financially, right? Well, Kanye West is apparently out of wiggle room and is in the red. The rapper revealed last week that he was $53 million in debt and was begging the likes of Larry Page and Mark Zuckerberg for a do-over at life by seeking a billion dollars. With a high-octane fashion line and a family who loves the finer things, we explore reasons why Kanye West has possibly gone broke.
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Spent Too Much On His Fashion Line
This one is obviously a no-brainer. Kanye has made it clear that on billionaires or people with an absurd amount of money can dabble in the fashion world. Despite being wealthy, Ye burned out his resources on his Yeezy line.
Splurging on Kim
We know Kim has her own. She’s a cash-cow. Sometimes, guys feel obligated to try to match their woman’s success. Their lifestyle is expensive as heck. Imagine how much money Ye has dished out.