*Kanye West’s camp is clearing up confusion sparked by his tweet Saturday night claiming he was $53 million in debt.
“I write this to you my brothers while still 53 million dollars in personal debt,” he tweeted just before releasing his album on Tidal and on his website. “Please pray we overcome… This is my true heart.”
Well, it turns out that he won’t be seeking a handout from his in-laws anytime soon. According to TMZ, sources connected to the rapper/fashion designer say the $53 million “reflects how much dough ‘Ye has invested in his own companies related to fashion and music. For instance, we’re told he’s sunk $40 million alone into three seasons worth of Yeezy fashion.”
According to TMZ, Kanye’s Yeezy Season 1 shoes, in partnership with Nike, was entirely self-funded. Nike didn’t pitch in at all.
Additionally, ‘Ye reportedly spent several hundred thousand dollars to build sets for his last tour, and to make his 2012 short film, “Cruel Summer.”
Kanye’s tweetapalooza on Saturday night included a plea for Facebook founder Mark Zuckerberg to fund his “ideas,” because “I don’t have enough resources to create what I really can,” he stated:
Mark Zuckerberg invest 1 billion dollars into Kanye West ideas
— KANYE WEST (@kanyewest) February 14, 2016
I know y’all tired of music controlled by money and perception. I’m proud of every dime of debt I got. — KANYE WEST (@kanyewest) February 15, 2016
Mark Zuckerberg I know it’s your bday but can you please call me by 2mrw…
— KANYE WEST (@kanyewest) February 15, 2016
World, please tweet, FaceTime, Facebook, instagram, whatever you gotta do to get Mark to support me… — KANYE WEST (@kanyewest) February 15, 2016
I don’t have enough resources to create what I really can…
— KANYE WEST (@kanyewest) February 15, 2016
Mark, I am publicly asking you for help… — KANYE WEST (@kanyewest) February 15, 2016
one of the coolest things you could ever do is to help me in my time of need
— KANYE WEST (@kanyewest) February 15, 2016
I just feel rich people are always too cool to ask for help trying to impress each other at dinner parties. — KANYE WEST (@kanyewest) February 15, 2016
I want to help the world and I need help to do it. I am an artist and I care about humanity.
— KANYE WEST (@kanyewest) February 15, 2016
Yes I am personally rich and I can buy furs and houses for my family — KANYE WEST (@kanyewest) February 15, 2016
but I need access to more money in order to bring more beautiful ideas to the world.
— KANYE WEST (@kanyewest) February 15, 2016
If I spent my money on my ideas I could not afford to take care of my family. I am in a place that so many artist end up. — KANYE WEST (@kanyewest) February 15, 2016
Also for anyone that has money they know the first rule is to use other people’s money.
— KANYE WEST (@kanyewest) February 15, 2016
I know I confuse you guys sometimes but please bare with me.
— KANYE WEST (@kanyewest) February 15, 2016
but if the self proclaimed cockiest person in the world can lay his personal business on the line then please people see my heart.
— KANYE WEST (@kanyewest) February 15, 2016
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