Thursday, December 21, 2023

Kanye West Selling Malibu Mansion at a Loss


Insiders claim Kanye West is having severe cash flow problems and is selling his unfinished Malibu beach house at a loss...

From NY Post
Rapper and designer Kanye West, now going by the moniker Ye, is ditching his Tadao Ando-designed Malibu masterpiece for $53 million — a few years after splurging $57.25 million on the coastal crib.
Insiders tell The Post that a concoction of factors, including the artist’s shaky finances, played a key role in his decision to unload this unique oceanfront abode, even at a loss.
“Let’s just say the cash flow isn’t really flowing at the moment,” a source revealed, peeling back the layers of West’s motivation. “The renovations turned out to be a bigger hassle than expected.”
The listing was teased on Instagram Tuesday, giving property gossips a taste of what was to come.
The music mogul acquired the beachfront property back in 2021 and embarked on an ambitious renovation project that remains incomplete.

10 comments:

Anonymous said...

Those trips to Dubai didn't pay the bills? Pretending to get head from his "wife" with his bbl on display didn't get the results? Pity......

Anonymous said...

That is not worth $53 million. It looks like a multi-level concrete box. No character whatsoever. Todao Ando is overrated.

Anonymous said...

All that concrete makes it look like a high end penitentiary on the water. He needs a few more Ls to humble him.

ShirleyChisholm said...

It's all concrete because CrazaYe had all of the wiring plumbing, and HVAC ducts removed for a "minimalist effect".

Anonymous said...

6:02pm only thing missing is a prison guard standing on the roof with a rifle.

Anonymous said...

Thank you for the PICS Snitch.

Anonymous said...

👀👀

Anonymous said...

What is he spending billions on? Him and Stocking Caps don't live nowhere and they dont wear shoes or clothes what is really going on?

Ohwell said...

Oh boy.

R in NYC said...

Damn.

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