The implications of Kanye West’s fresh behavior may be catching up to him.
According to a brand new report, the rapper has stopped construction on his Malibu house because of financial issues. The news comes after Ye misplaced many logo collaborations and deals amid anti-Black and antisemitic rhetoric, including his billion-dollar Yeezy deal with Adidas. Forbes has reported that he’s now not a billionaire due to the loss.
Radar Online studies that Kanye’s resolution to halt the renovations is linked to his contemporary financial losses.
" Ye has mostly been living at the Waldorf for the past month with [his new girlfriend] Juliana [Nalu]," a supply said.
The resort’s penthouses value anyplace between $1,204 to $4,018 in line with evening. The publication says he’s been “blowing his money to keep up appearances,” however halting construction on the Malibu house used to be necessary.
"He's having to sort his finances out so renovation work at his Malibu place is on hold at the moment," the source endured. Kanye bought the house in 2021, but gutted it quickly after to being in depth rennovations.
The insider added that Kanye used to be additionally hoping to renovate the home he purchased earlier this 12 months, which is infamously subsequent door to his ex-wife Kim Kardashian.
"His house near Kim's also needs renovating, and he wanted a change of scenery after months at Soho Warehouse Downtown," they explained.
Radar Online reviews that Kanye first checked into the Waldorf hotel on October sixth. If he’s been staying there all of the time, he’s most likely racked up a invoice of $170,00 in slightly over a month.
It’s now not simplest that Kanye has suffered a lack of income from his fresh antics. He’s additionally had to make payments to ex-employees over allegations of mistreatment and racism.
Earlier this month, we reported that the rapper had to pay a former staffer an undisclosed amount after he allegedly made antisemitic feedback and also reward Hitler and the Nazis in entrance of employees.
Other experiences that Kanye has paid off former employees over his behavior have come ahead.
Kanye has even been accused of firing an employee after they suggested playing Drake’s music based on Ye asking for track recommendations. He’s also engaged in a lawsuit with his former manager, who says he was once unjustly fired and is owed $4.Five million.
Despite the backlash against Kanye and his brands, Adidas has introduced its plans to promote Yeezy products but without the designer’s involvement (since they personal the patent).
Sources: Radar Online, The Sun,
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