Kanye West revealed that he was two months from being bankrupt when he unleashed a fury of antisemitic comments on social media, prompting brands to drop him left and right.
Since his Adidas Yeezy deal was sacked, West's questionable billionaire net worth plummetted, making his dramatic downfall a big topic on social media.
In a conversation with TMZ at LAX recently, Kanye West revealed that after the backlash on his antisemitic rants, he was almost at the edge of bankruptcy. He also talked about his recently-released album with Ty Dolla Sign, "Vultures." "I'ma just be honest with y'all. I was two months from going bankrupt, and I put everything I had into it," he revealed. "We moved to Italy. We moved to the factories, and we survived. We survived through the cancellation. We're back No. 1." West's "Vultures" have been controversial because of the copyright issues that were reported. He was declined permission to use some tracks he wanted to sample yet he still used it on the final release. Among those who slammed West was metal icon Ozzy Osbourne, who revealed that the rapper sought his permission to sample "Iron Man." He declined this because of West's antisemitism, but Ye still proceeded to use it. Parade also reported that West sought permission to use Donna Summer's song "I Feel Love," but was denied. However, had someone re-sing it and used AI to evade it. Kanye West doubled down on his artistry and his skillset and how it contributed to the success of his new record. "If I didn't have the various skill sets of music and clothing and the fanbase, they would have been able to destroy me," he told the outlet. "But because we had all those skill sets, somehow I'm here inside of this universe able to fight." Talking about his antisemitic rants, Ye maintains that he has the "right" to his opinion. READ MORE: Kanye West Unapologetic: Rapper Claims 'Vultures 1' Release Asserts Immunity from Cancel Culture Forbes reports that Kanye West's net worth is still estimated to be $400 million. This was a huge drop from his billion-dollar net worth in 2023. Adidas, GAP, CAA, and Balenciaga sacked their lucrative deals with him. Forbes estimated the Adidas deal to be at $1.5 billion, The outlet also detailed that Kanye West's 2024 net worth is only attributed to his cash, real estate properties, his current music catalog, and his 5% stake in his ex-wife Kim Kardashian's Skims.
Kanye West Bankrupt?
Kanye West Net Worth 2024
