Kardashian -West became a billionaire, who ran out of assets after the divorce

Kim OanhJun 29, 2024 at 10:52

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While Kim Kardashian is becoming more and more prosperous, maintaining her billionaire status, Kanye West is said to be gradually running out of assets due to scandal. According to Forbes, Kim Kardashian's net worth increased by $1.7 billion, while Kanye West's did the opposite.

Kardashian -West became a billionaire, who ran out of assets after the divorce - Photo 1

Kanye West has a net worth of two billion USD in 2022, but with the loss of contracts with Adidas and other major partners, the rapper's assets as of 2024 are about 400 million USD.

The 47-year-old singer and fashion designer was stopped from collaborating with Adidas and a series of brands in October 2022 after he made anti-Semitic and racist comments on social networks. This strongly affected Kanye's financial situation.

Kardashian -West became a billionaire, who ran out of assets after the divorce - Photo 2

Kim Kardashian owns many valuable real estate, including a $70 million mansion in Malibu that was just completed

An insider revealed to In Touch: "Kanye has been spending his savings at an alarming rate. He's still making money, but since losing his Adidas contract, he's seen a lot of zeroes disappeared from net asset value".

The source said that at first Kanye didn't let this affect his spending habits, even spending more to prove he was okay, "but now he has no choice but to cut back on spending." goals, such as flying economy class instead of using a private jet."

Kardashian -West became a billionaire, who ran out of assets after the divorce - Photo 3

In early June, a fan shared on TikTok a video of Kanye West and his second wife, Bianca Censori, sitting in the economy class on a commercial flight. Kanye lies down to sleep while his wife kills time by scrolling on her phone. This person captioned it: "Can't imagine seeing Kanye West when I step out of the bathroom to say the least."

Meanwhile, Kim Kardashian owns a private jet worth $150 million and many luxury cars. "She can also rent a private jet or limousine service with just a snap of her fingers," the source said.

The 43-year-old reality TV star is considered a smart money manager and good at making money. Kim's business, especially the Skims fashion brand, is said to be booming.

Kardashian -West became a billionaire, who ran out of assets after the divorce - Photo 4

An information site In Touch cited that Kanye West's financial situation is now so bad that he had to ask Kim Kardashian for help. According to the divorce agreement, Kanye paid his ex-wife $200,000 per month in child support for their four children - an amount that was nothing compared to the rapper's billion-dollar fortune at the time. However, the source revealed that in the current situation, Kanye found it difficult to maintain the agreement, so he "condescended" to ask Kim for support.

Amid the difficult financial context, Kanye West is also facing lawsuits from former employees at this time. He was sued by employees at Donda Academy - the rapper's closed private inter-school school - for discrimination, harassment, and creating a hostile work environment. In addition, Kanye was sued by his former female assistant at fashion company Yeezy for harassing TD and not paying his salary.

Kardashian -West became a billionaire, who ran out of assets after the divorce - Photo 5

To become the strong, happy post-divorce woman she is today, Kim Kardashian went through some not so good times. According to the podcast On Purpose with Jay Shetty, Kim Kardashian opened up about the difficulties of raising children as a single mother after breaking up with Kanye West. She has 4 young children with Kanye West including North (9 years old), Saint (7 years old), Chicago (5 years old) and Psalm (4 years old). On "especially chaotic" days, Kim Kardashian is so tired that she secretly cries every night.

Kardashian -West became a billionaire, who ran out of assets after the divorce - Photo 6

"Parenting is the thing that has taught me the most about myself. It's the hardest thing. There are nights when I cry myself to sleep. There are days when I wonder what just happened? With four kids there are With 4 different personalities, I always have to play both the role of a gentle mother and a strict mother," she shared.

After their divorce in November 2022, Kim Kardashian and Kanye West share joint custody of their children and the male artist pays $200,000 monthly in alimony. In a September interview on Alo Yoga's Mind Full podcast, the Stronger hitmaker said Kim Kardashian raises her children "80% of the time."

Kardashian -West became a billionaire, who ran out of assets after the divorce - Photo 7

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