The rapper, who goes by Ye now, has been under fire for public antisemitic comments that have caused a number of high-profile brands to cut ties with him. Additionally, Ye has been banned from many social media platforms.
Now, reports are circulating on the internet that Ye is being forced to sell off his famed luxury car collection to avoid financial ruin.
While there have been extensive articles online and discussion around the idea that Ye is selling off his luxury cars to recoup financial losses, there doesn’t seem to be any concrete proof.
Ye has an extraordinary amount of money tied up in his cars, which include multiple Lamborghinis (including the Aventador and Urus), a Bugatti Veyron, a Mercedes McLaren SLR, and others.
But for now, it remains speculation.
What’s not speculation is just how far Ye has fallen.
When 2022 started, Ye was a billionaire. Forbes estimated his net worth at around $400 million.
CNN wrote at the time, “Forbes said that the $400 million remaining of his net worth comes from real estate, cash, his music catalog and a 5% stake in ex-wife Kim Kardashian’s shapewear firm, Skims.
Where does Ye go from here?
Like many people “canceled” by the public, West has one place to turn: the radical right. Conservatives and extremist right-wingers like Milo Yiannopoulos have welcomed West with open arms.
As he gears up for his 2024 presidential run, Ye is turning more and more to those extremist pundits for friendship, support, and a path forward.
Whether West will continue his path into politics or try to resurrect his music career remains to be seen.
RUMORS SPREAD THAT KANYE WEST IS SELLING OFF LUXURY CAR COLLECTION TO STAVE OFF FINANCIAL RUIN