News

Kanye West's FEC Financial Disclosures Suggest He Isn't Close to A Billionaire

By HHL JT
pixel_start

Earlier this year, Forbes declared Kanye West was worth $1.3 billion.

So Kanye threw a big, public fit and claimed he was really worth $3 billion.

It turns out the truth is much, much less impressive when Ye isn't stunting or a website isn't looking for clicks.

Kanye is still sort of running for President.  As such, he needs to file financial statements with the Federal Election Commission.

In the disclosures, Kanye declared that he owns three companies worth $50 million each and values his partnerships with Adidas and Gap between $30 and $70 million each.  He also has $100 million in debt, largely mortgages. 

Additionally, he's spent $6.7 million on his presidential campaign.

Despite that, he's only on the ballot in 12 states.

pixel_end
Posted In: News Kanye West

Discuss

News Gucci Mane's Former Artist Enchanting Has Died Gucci Mane's Former Artist Enchanting Has Died / News News Nicki Minaj Sparks Divorce Rumors With Cryptic Tweet Nicki Minaj Sparks Divorce Rumors With Cryptic Tweet / News News Lil Wayne Explains Why He Won't Perform 'Mona Lisa,' Which Features Kendrick Lamar Lil Wayne Explains Why He Won't Perform 'Mona Lisa,' Which Features Kendrick Lamar / News News Drake Reference Track For Lil Wayne Leaks Drake Reference Track For Lil Wayne Leaks / News News Watch Bobbi Althoff Teach Her Sister How to Throw In A circle Watch Bobbi Althoff Teach Her Sister How to Throw In A circle / News Rumors Suge Knight Confirms Diddy Is a Fed Suge Knight Confirms Diddy Is a Fed / Rumors