Cars Fuel Kanye: On the Verge of Ruin, Rapper Kanye West Sells His Luxurious Car Collection in an Attempt to Cushion Financial Downfall

Published 12/28/2022, 4:30 AM EST

via Imago

Kanye West is in need of speed. The singer was a billionaire once and lost it all in a short span of time due to his split with brands like Adidas, Balenciaga, and GAP. While he still spends luxuriously, it is evident that he does not have much of wealth left to splurge.

The Donda singer is undoubtedly one of the most talented artists and did receive praise for it. But even his musical career has come to a halt as he remains entangled in controversies. Although his wealth declined, nothing has stopped him so far from expressing his views. But he is now selling off his collection of luxury cars to make a living.

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How Kanye West is giving up his luxury collection to make up for his declining wealth

Kanye West has his cars coming to save him. As per Marca, the Donda singer is selling his set of luxury cars to help save him as his wealth declines. Some of his cars include Lamborghini, Bugatti Veyron, and a Mercedes McLaren SLR. He has even halted the renovation of his Malibu home which cost more than $50 million. The artist was worth nearly $2 billion and quickly lost his billionaire status since most of his money came from a partnership with Adidas for the Yeezy collection. Now the brand will continue to sell its products without Ye.

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Not only did the Gold Digger singer have a feud with the brand, but he was also accused of showing intimate photos of Kim Kardashian to the staff. To add to it, he is also liable to pay $200k to his ex-wife as child support. Although it remains to be seen if he will continue to pay the said amount considering his financial situation.

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To top it all, he has been campaigning for the 2024 Presidential elections. As he continues his anti-Semitic remarks, an increasing number of people have been distancing themselves from him. It will be seen if he changes his opinions with his changed circumstances.

Do you think selling off his cars can help Ye survive for now? Comment your thoughts.

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Neha Subhash

1424 articles

Neha Ghag is a prime-time entertainment writer for Netflix Junkie, who has written nearly 1000 articles, immersing herself in pop culture. Writing was not her first choice, but she has now found solace in unraveling the fascinating stories of public figures' personal and professional lives. Neha is a fan of classic hip-hop and psycho thrillers, and she can talk endlessly about Kanye West.

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