Kanye West Says His Infamous $53M Debt Turned Into A $5B Net Worth
Kanye West has come a long way from the $53 million debt he found himself in back in 2016.
In a tweet on Thursday (October 8), the presidential hopeful revealed that just over four years later, he’s now got a net worth of $5 billion and credited God and Jesus for the change.
“From $53 million in debt to a net worth of $5 billion in 4 years,” Ye wrote. “Thank you, Jesus. I know I fall short, but I repent. I am fully in service to our Lord and Savior Jesus Christ. We are building schools of the future. Thank God for providing the increase.”
From $53 million in debt to a net worth of $5 billion in 4 years. Thank you, Jesus. I know I fall short, but I repent. I am fully in service to our Lord and Savior Jesus Christ. We are building schools of the future. Thank God for providing the increase. pic.twitter.com/BwEitkOdqD
— ye (@kanyewest) October 8, 2020
During a Twitter rant just ahead of the release of his The Life of Pablo album in February 2016, Kanye revealed the financial hole he was in and solicited help from Facebook CEO Mark Zuckerberg to bail him out.
“I write this to you my brothers while still 53 million dollars in personal debt…” he wrote in since-deleted tweets. “Please pray we overcome… This is my true heart… Mark Zuckerberg invest 1 billion dollars into Kanye West ideas.”
A hardcore fan from Minneapolis started a GoFundMe for the polarizing rapper at the time and raised just over $57,000 of its $53 million goal, but it’s unclear if the money ever actually went to Kanye.
Since 2016, Kanye has been busy with his Yeezy fashion line, his Sunday Service events and multiple albums including 2018’s Ye and Kids See Ghosts with Kid Cudi and 2019’s gospel-fueled Jesus Is King. He’s currently on a mission to add even more to his bank account, attempting to secure all of his masters back from his label home at Universal Music Group/Def Jam.