NEW YORK — In another Twitter rant, Kanye West finally explains why he’s $53 million in debt — and if you’re still confused after reading it, you’re not alone.
Over the weekend, Kanye West dropped his new album “The Life of Pablo” on Tidal, and revealed another huge bombshell — that he’s $53 million in debt. He then tweeted Facebook founder Mark Zuckerberg asking him to invest $1 billion into “Kanye West ideas” to help him deal with his massive debt problems.
West finally explained why a successful artist like him is having financial issues through a series of tweets.
“Yes I am personally rich and I can buy furs and houses for my family,” West tweeted at 11:02 a.m.
“But I need access to more money in order to bring more beautiful ideas to the world./If I spent my money on my ideas I could not afford to take care of my family. I am in a place that so many artist end up,” West said.
“Also for anyone that has money they know the first rule is to use other people’s money,” West added.
“There are people who support artist and philanthropist/and I think the idea of being a celebrity a lot of times blocks the understanding of what my purpose is.”
“I am of service to the world with my art and I just want to serve more.”
West also said people have offered to help relieve his $53 million debt.
“I am ultra light beaming right now. So many people have called or emailed to help today hedge fund guys billionaires etc…” West tweeted.
West acknowledged that his latest rants have “confuse you guys” but asked his fans to “please [bear] with” me.
“But if the self proclaimed c***iest person in the world can lay his personal business on the line then please people see my heart,” West said.
This isn’t the first time West has said he was short of money. Last year when he launched his clothing line he claimed he was $16 million in debt.