Kanye West has confessed to being more than $74 million dollars in debt thanks to his new album and fashion collection.
The 38-year-old rapper and father to two has been using his own money to fund his Yeezy season collections and to work on his seventh album, The Life Of Pablo.
I write this to you my brothers while still 53 million dollars in personal debt… Please pray we overcome… This is my true heart…
— KANYE WEST (@kanyewest) February 14, 2016
Wife Kim Kardashian West’s extravagant lifestyle would also be a contributing factor to Kanye’s personal debt.
It is believed Kanye spend more than $US 14 million having his new home in Bel Air built and also spent $US 11 million trying to get his clothing line off the ground last year.
At the time he said “I was trying to play a sport that’s a billionaire sport. It’s not a millionaire sport and I’m proud of the debt.”