With rumors bubbling under that his wife Kim Kardashian's Paris home invasion may have been an elaborate hoax, Kanye West gets the side eye after news about his personal finances leaks...
From The Daily Mail
Kanye West took out a $2million line of credit just months before his wife, Kim Kardashian, was held up at gunpoint in her Paris apartment and robbed of $5.6million worth of jewelry.
The 39-year-old rapper took out the large equity line of credit on his New York City apartment, according to records filed on September 27. JP Morgan granted the line of credit to him on July 12.
The agreement states that the bank will make advances to Kanye in a principal amount not exceeding $2million. Kanye has until 2036 to pay back the funds.
And last month, Kanye purchased Kim a 20-carat Lorraine Schwartz emerald cut diamond engagement ring worth $4million, which was stolen during the robbery last month along with another case of jewelry.
Insurance documents state that the 13 items taken during the incident are worth approximately $5.6million.
