 home in Malibu, California – a home he's transforming from the ground up, a project said to be 'severely at risk'. Kanye could be 'months from financial crisis', says a source ( AFP via Getty Images) "What it boils down to, says an insider, is that West's opulent lifestyle is based on the Adidas deal and the rest was gravy," said the source. "But with the sneaker brand heading for the hills, he's out about three quarters of his net worth, according to Forbes — a big hole to plug," they told Page Six. They added: "He has more than $100 million in the bank, he probably has enough in the bank to last a matter of months. It's all about cash flow." The insider says that if Kanye released new music, it would provide 'something of a lifeline' - but he would be 'unlikely to net as much as previous albums'. Kanye releasing new music could be a 'financial lifeline' ( AFP via Getty Images) "He's a many-time Grammy winner and he has such a large following that his albums go platinum instantly," the source told the outlet. According to Billboard, his music royalties make him around $5million (£4.3million) - a figure that could 'pay his gas bill for his jet', joked the insider. They concluded that Kanye has 'a lot of cash){kind=link}
Kanye West could be just ‘months away from financial catastrophe’ according to an insider close to the Bound 2 rapper’s finances following his abhorrent racist comments
Controversial Kanye West could be ‘just months from financial crisis’, claims a source.
An insider close to the Bound 2 rapper’s finances says he ‘could be in trouble soon’ if he ‘doesn’t find a way to turn the tide’.
It comes after his vile racist messages, random onslaught of social media attacks and his questionable ‘White Lives Matter’ stunts.
The expert source claims Kanye has ‘five sources of income’ and that ‘four of them have been shut down’ or ‘badly compromised’ by his outburst.