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Kanye West could run out of money within months

Rapper Kanye West could be just months away from running out of all his money after he went on an antisemitic rant about “the Jews.

 “Ye”, took to Instagram Earlier this month saying: “Ima use you as an example to show the Jewish people that told you to call me that no one can threaten or influence me.”

Several days later, the rapper tweeted: “I’m a bit sleepy tonight but when I wake up I’m going death con 3 On JEWISH PEOPLE.”

last week, West was escorted out of the Skechers headquarters, and he was also removed from the Adidas line, discount brand TJ Maxx dumped West.

All of it sent West tumbling off of the “Billionaire List,” announced Forbes.

Forbes: “Without Adidas, Ye is worth $400 million…The remainder of Ye’s fortune, Forbes estimates, comes from real estate, cash, his music catalog, and a 5 percent stake in ex-wife Kim Kardashian’s shapewear firm, Skims.”

Kanye West is now just months away from running out of his money due to his vast expenses based on the Adidas deal.

West has five sources of income, and four of them have completely been shut down by his anti-Semitic outburst and support for white supremacists.

Adidas was the real engine for his enormous wealth —accounting for $1.5 billion of his net worth. the brand said last week after it ended its massive Yeezy sneaker deal with him, it would immediately halt payments.

Kanye West has also lost his ability to make quick liquid cash with concerts  —he was due to have a show at SoFi Stadium in LA on November 4 but that was canceled by the venue, he has no more booked due to his anti-Semitic outbursts. venues are refusing to do business with him.

 west royalties from his music net him around $5 million a year, according to Billboard. “That’s about enough to pay his gas bill for his jet,” laughed an insider.

west has “a lot of cash by anyone’s standards,” but he also has a “high cash burn rate.” he bought a $57 million Malibu, Calif., home last year and gutted it just to rebuild virtually from the ground up.  He also has a slew of other homes, a source says are mortgaged.

sources estimate that west has more than $100 million in the bank, he probably has enough to last a matter of “months.”

“It’s all about cash flow and if slash when he can revive it,” said a source to pagesix

FULL REPORT HERE

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