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Reasons Kanye West Should Not Receive Help With His $53 Million Debt

By , February 16th, 2016 | 2 Comments »

Kanye West $53 Million Debt
You may have been watching the Grammy’s last night and you may have even caught Kanye West’s call for help during the post-Grammy happenings. West, who is expecting his second child with Kim Kardashian, opened up about his debt and openly asked Mark Zuckerberg for a loan.

West sent out a tweet talking about his $53 million debt. Then, he tweeted at Mark Zuckerberg, asking him for $1 billion. He said that it would be an investment by Zuckerberg into “Kanye West ideas.”

Kanye, who has seemingly had a sense of entitlement in Hollywood for years, just straight out asked Mark Zuckerberg for $1 billion of his fortune that he has gained through his own invention, Facebook. There are a few reasons why Zuckerberg shouldn’t (and probably won’t) invest any money towards West.

You Shouldn’t Invest in an Individual

This is like putting all of your eggs in the same basket. When you’re talking investments, you should never put all of your money on one stock. The same goes for Zuckerberg and West. Single stocks (West) usually lure investors in with their game-changing ideas. Building any kind of portfolio on individuals (or individual stock) is way too costly, not to mention, if the individual fails so does your money.

What About Kim?

Kanye West himself has a net worth of $145 million. His wife, Kim Kardashian-West, is worth $88 million. How is he $53 million in debt? Not to mention the lavish lifestyle the live with the newest of clothes, their vacations and name brand everything. Of course, they have baby North West and child number two on the way, but their assets alone are worth far more than his seemingly puny $53 million debt.

He Tweeted Him

Mark Zuckerberg, founder of FACEBOOK, was tweeted being asked for money. There are a few things wrong with this (we’ll get to the actual tweets later). But, what a slap in the face! West didn’t even use Zuckerberg’s own website to give him a handout shoutout. What is that about?

The Tweets

His first tweet said, “I write this to you my brothers while still 53 million dollars in personal debt… Please pray we overcome… This is my true heart…” Then, he goes on to ask Zuckerberg for help. “Mark Zuckerberg invest 1 billion dollars into Kanye West ideas…after realizing he is the greatest living artist and greatest artist of all time.” Well, way to be humble and a jerk at the same time. How does someone ask for help and call himself the “greatest artist of all time” in the same conversation?

He Can’t Be In That Much Debt

When it boils down to it, West just probably isn’t in that much debt and if he was, he could pay it down if he really tried. He just released “The Life of Pablo,” his new album. There are no numbers on it yet, but West’s albums usually do pretty well. He’s also recently debuted another season in his fashion line. He also has a collaboration with Adidas that is worth about $10 million. Let’s not forget about his $20 million mansion either.

What do you think? Does West need a handout?

Photo: Flickr: Pieter-Jannick Dijkstra

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