Tuesday, 16 February 2016

Kanye West explains his 53 million Dollars debt

Kanye West explained in a new series of tweets on Monday that he’s still “rich,” despite previously claiming to be $53 million in debt, noting he needs “more money in order to bring more beautiful ideas to the world.” The rapper further asserted that, unlike him, other wealthy people “are always too cool to ask for help.”

As Gossip Cop reported, West tweeted on Saturday that he was “53 million dollars in personal debt,” and added, “pray we overcome.” In a subsequent Twitter rant on Sunday, the rapper begged Facebook billionaire Mark Zuckerberg and Google founder Larry Page to help cover his debt. But as new details surrounding the situation emerge, it appears the rapper may not be as much in the red as he initially let on.

“I just feel rich people are always too cool to ask for help trying to impress each other at dinner parties,” West began in a series of tweets. He continued, “Yes I am personally rich and I can buy furs and houses for my family… but I need access to more money in order to bring more beautiful ideas to the world.”

The rapper went on to say, “If I spent my money on my ideas I could not afford to take care of my family… Also for anyone that has money they know the first rule is to use other people’s money.” West added, “I am of service to the world with my art and I just want to serve more… I know I confuse you guys sometimes but please bare with me… This is a God dream.” These tweets are just a few of the highlights from West’s most recent Twitter rant.

Details about West’s debt were also revealed earlier, and show he’s invested the majority of his fortune into his own music and fashion companies. According to TMZ, $40 million of the $53 million West claims to be in the hole went towards all three seasons of his Yeezy fashion lines, while additional funds were pumped into his music. The rapper, however, is expected to turn a profit on those business ventures, and reportedly doesn’t actually need anyone’s help to get out of his so-called debt.

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