- Kanye West stated that the IRS put a $75million hold on four accounts of his on Monday’s podcast.
- According to the rapper, he owes approximately $50 million in taxes.
- The estimated value of his assets is now around $400 million. That’s a significant drop for the former billionaire.
Ye, also known as Kanye West in the past, claims that the Internal Revenue Service has placed a $75million hold on his accounts.
Ye spoke about his financial situation during A Monday night episode from the right-wing “Timcast IRL” podcastThis was also featured white nationalist Nick FuentesMilo Yiannopoulos, an alt-right figure. Ye spoke to Tim Pool and said that his “finance people” had told him that he would “have to pay lots of taxes.”
The rapper stated that he was literally notified by them that they wanted to imprison him this morning. “But I found out — okay, so they froze, they put a $75 million hold on four of my accounts.”
“And then they said that you owe quite a few taxes. It took me about six hours to determine how much. A lot — was it — well, around $50 million,” Ye said.
He stated that he wasn’t the most financially educated person on the planet and said that he had spoken to “different CFOs” in his business to determine if avoiding paying taxes was tax evasion.
“So now I’m having — I get to actually learn how to run a company. Ye said that he will be learning how to count money. “It was like I didn’t even know where the money should go.”
On Monday’s episode of the podcast — which Ye later I walked out in a huff when Pool questioned an anti-Semitic comment he made — the rapper said he was trying to buy his own bank and wondered aloud if he could run for president from jail. Ye He announced in November that he would run for president again. Failure to bid in 2020. He Has not filed the paperwork to do so.
The rapper claimed that God is “breaking” him by “removing all his riches” but that his children will be fine since his “baby mama”. Kim KardashianThe owner of the money is.
Ye has been the subject of endless controversy, especially since he became a political figure. Many anti-Semitic rants were made in October. BrandsYe brought his troubles to the attention of Balenciaga and Adidas, as well as Balenciaga and Balenciaga. The estimated net worth has fallen from $1.5billion to $400m
NovemberYe claimed Adidas was suing him over $275 million remaining net worth. This was after Ye An announcement was madeOctober 25, Ye announced that he was ending his partnership. Adidas declined comment to Ye’s claims.
Insider did not receive a response from the IRS immediately to our request for comment.
