Here's The Real Deal With Kanye's Debt

Mr. West was most certainly in the building this February. First the twitter battle with Wiz Kahlifa, trying to channel his inner Drake. Then he had the ever so eloquent lyrics about his feeling on Taylor Swift’s success. Now Kanye back at it again with taking social media by storm, but this time it has to do with his money, or excuse me, lack there of.

Kanye announcing he, of all people were in debt, was… lets just say um…. A slap in the face?

Like excuse me Yeezy, I would like to say on behalf of all us college students who were not fortunate enough to receive a full scholarship to the college or university we attend, we should be complaining. Not you. We don’t have jobs, let alone the privilege of being one of the worlds top rap artists. What we do have are a lot of mac and cheese cups, and when we want to splurge, the occasional pint of Ben and Jerry’s in out freezers.

Aside from my clear personal views on his announcment, here are the facts of Kanye’s monetary situation.

‘Ye isn’t technically in the whole. Actually, technically isn’t even the correct term. Kanye West is not in debt.

It turns out Kanye is actually a major investor in things involving Kanye, and to support himself, he uses his own personal funds. Although sometimes the profit that he makes, is less than the money that was put in.

Currently $53 million is the amount ‘Ye says needs to make back, and just the fact that he had that much money disposable is enough to make me want to cry. I am lucky to have $53 in my bank account. It says that $40 million of that alone was invested in the Yeezy clothing line and fashion show. He also apparently funded the first batch of the ever so popular ‘Yeezy’s’ on his own, without any backing from a sponsored company.

Aside from the theatrics, it’s also important to remember Kanye is Kanye after all, and in the end we love him because of his music. And that music and its tours, from hiring dancers to back drops and guests artists, all cost a pretty penny. Especially to have it the precise way Kanye wants. Knowing him he probably invests in the $4 million worth of snacks to stock in his dressing room.

It looks like Kanye takes his own money when he’s in need, and that’s that. It’s rumored that his wife Kim Kardashian released a statement about how Kanye’s needs to get help. I think that might be a little extreme, because not going to lie, but ‘Ye will forever be that dude, even if he’s an attention seeking whore.

And for all of you that think Kanye boasting his debt through tweet was a little boisterous considering he has plenty of money, its important to note the tweet said as follows: "I write this to you my brothers while still 53 million dollars in personal debt... Please pray we overcome... This is my true heart..." Now, see if you read closely said the debt was personal, meaning he put himself there, and its is his “true heart” because he’s spending it on the things he loves no? Ok maybe that’s a stretch, but from me to Kanye, keep doing you my man. Because without his dramatics, twitter would solely be relying on Donald Trump for stupid tweets, and nobody wants that.