Ye’s Financial Troubles Deepen as Rapper Adds Over $1 Million in Taxes Related to Properties

Published 07/17/2024, 2:11 AM EDT

via Getty

Ye, the artist formerly known as Kanye West, was poised for a grand return this year, heralded by the ambitious announcement of a three-part album, 'Vultures.' While a track from the first one slowly crawled to the top of the charts, only to be replaced by Kendrick Lamar's diss track. The second installment, marred by anticipation, was met with pre-release disappointment from fans. However, this seems to be only the tip of the iceberg of misfortunes that has befallen Ye.

Ye professional scenario chops up to be quite a pretty picture compared to things on the legal and financial front. The artist who was once a raging millionaire finds himself surrounded by tax debts.

Ye finds himself neck deep in tax debts over Wyoming ranch

ADVERTISEMENT

Article continues below this ad

When Ye made his way back into the spotlight this year, fans expected that he would reclaim Yeezy and make it the industry-changing success that he always wanted it to be. However, things could not have been more different as the rapper has not only failed to make another launch but also is left with an unpaid sum of $934,033 on Yeezy Apparel. To put the cherry on top, his Wyoming ranch has two payments of $5,000 that are yet to be paid as per The Sun.

via Getty

Not only is Ye facing troubles on the financial front in terms of maintaining his lifestyle, but also on the legal side. The rapper's attorney recently filed for separation owing to the rapper not having paid his fee. Ye's fall from his billionaire status and his attempt to regain the same, no more remains a secret, as the worst fall might have just hit the rapper in freestyle.

Does Kanye West Own SKIMS? Here Are the Stocks The Yeezy Boss Has in Kim Kardashian’s Shapewear Brand

Although he seemed to be facing legal and financial troubles, rap enthusiasts stood by Ye's side, citing his musical prowess. However, with his 'Vultures 2' drop nowhere in sight and Big Sean throwing shots at him, Ye's loyal fanbase may soon develop a tremor in their long stand.

Big Sean fires shots at Ye

ADVERTISEMENT

Article continues below this ad

While Drake and Kendrick Lamar may be battling it out, and the debate surrounding the big three may be as loud as ever, Ye's words being gospel still remain true and his legacy is untouched. However, it seems like you cannot leave your throne unattended for too long, as Big Sean has now come for his money, with claims of Ye being a clout chaser.

via Imago

The rapper recently released a freestyle with On The Radar radio and chose violence as his weapon. Sean did not hold back in poking anyone, including what fans believe is the sleeping lion, Ye. Whether this dig will result in Ye coming back in full swing after supposedly retiring or whether he will once again receive the shorter end of the stick remains unclear, but fans are all tuned in.

ADVERTISEMENT

Article continues below this ad

Fans Show Fury as Ye’s Wife, Bianca Censori Makes a Comeback With Her Risqué Fashion in Los Angeles

What do you think about Ye's looming tax debt? Let us know in the comments below.

SHARE THIS ARTICLE :

ADVERTISEMENT

Aliza Siddiqui

1549 articles

Aliza Siddiqui, a seasoned entertainment journalist and primary editor at Netflix Junkie, discovered her passion for storytelling through Anne Hathaway's iconic performance in Princess Diaries. Her love for film was further solidified by the thought-provoking climax of Don't Look Up, which left her in awe of its ability to balance humor and commentary, much like The Dictator and Cunk on Earth, which impressed her with their loud yet subtle haywire references. With a background in writing over a thousand articles at Otakukart, Aliza brings her unique voice and style to her editorial role, where she incorporates her idiosyncratic wit with engaging content.

Edited By: Itti Mahajan

ADVERTISEMENT

EDITORS' PICK