Entertainment NewsCelebritiesKanye West: I Owe 53 Million in 'Personal Debt'

Kanye West: I Owe 53 Million in ‘Personal Debt’

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Is Kanye West broke? Kanye reveals he’s $53 million in debt.

The past 24 hours have turned out to be an emotional rollercoaster for Kanye West. Right before heading onto the Saturday Night Live stage to perform a new single from his latest album The Life of Pablo, released early Sunday morning, after his seventh appearance on the show.

Kanye proclaimed to his 18.7 million fans on Twitter that he is $53 million in “personal debt” without naming why he’s broke.

“I write this to you my brothers while still 53 million dollars in personal debt.”

“I write this to you my brothers while still 53 million dollars in personal debt,” Yeezus tweeted to his fans right before heading out to debut “Ultralight Beam,” his album opener.

“Please pray we overcome,” he added.

The tweet came after a rant about the name of his new album The Life of Pablo, which the rapper dropped after his Saturday Night Live performance, clarifying that it’s not Pablo Escobar or Pablo Picasso, but after Paul the Apostle, calling him “the most powerful messenger of the first century.”

While Kanye didn’t follow up with the reason for his debt, the culprit may be his fashion ventures. He previously admitted that his clothing line had scored him a $16 million loss, and as a reports suggested, his women’s clothing line put him $30 million in debt in 2014.

What do you think happened to Kanye West? Share with us your thoughts in the comments below?

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Megan Diane
Megan Dianehttps://www.projectcasting.com
Hi, I'm Megan Browne, the Head of Partnerships at Project Casting - a job board for the entertainment industry. As Head of Partnerships, I help businesses find the best talent for their influencer campaigns, photo shoots, and film productions. Creating these partnerships has enabled me to help businesses scale and reach their true potential. I'm excited to continue driving growth by connecting people with projects they're passionate about.

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