Kanye West’s billionaire days seem to be over. Reports say he’s now in such a tough financial spot that he’s asked his ex-wife, Kim Kardashian, for money. This shows just how bad things are for Kanye, marking a big change from when he was financially strong.
Since they filed for divorce in early 2021, Kim has been doing great financially, mainly because of her successful Skims brand and other business ventures. Kanye, on the other hand, has seen his net worth drop sharply, especially after losing his big Adidas deal due to his antisemitic remarks. With his money troubles getting worse, Kanye is now humbly asking Kim for help, highlighting the huge difference in their financial situations.
A source told In Touch that Kanye’s been spending his savings very quickly. The source said, “Kanye’s been burning through his savings at an alarming rate and it’s starting to have a very real impact on his bank balance.” This quick decline is mostly due to the end of his Adidas deal, which took away a big part of his net worth.
Adjusting to this new financial reality has been hard for Kanye. The source added, “Reigning in his spending is not something he’s used to doing and it’s been a huge blow to his ego.”
While Kanye struggles, Kim Kardashian is thriving. Since their split, Kim’s net worth has gone over $1 billion, thanks to her booming Skims brand and other ventures, including acting in “American Horror Story” and an upcoming comedy film.