Kanye West has picked fights with lots of artists and organizations. He dropped a Drake diss a few months back. He also aired out his dirty laundry with Atlantic Records after complications arose for the VULTURES 2 release.
An underrated fight, though, is between Kanye West and the Malibu property that he's been trying to get rid of for years. The rapper bought the estate in 2021, but the renovations and changes he's made have made the property increasingly undesirable for buyers. It's finally been taken off his hands , but West had to take a staggering $36 million loss in the end.
Belwood Investments issued a statement confirming the sale on August 27. The company confirmed that they purchased the Malibu property for $21 million. A sizable chunk of change for most of us, but a total steal given the original asking price.
Uproxx claims that Kanye West originally put the house up for sale at $53 million in December. Nobody bit, and the rapper proceeded to knock it down to $39 million. Still no takers.
West had to slash the original asking price in half before Belwood Investments pulled the trigger. The worst part? The original $53 million was still $4 million less than he originally paid in 2021. Read More: Kanye West Takes North Toy Shopping In South Korea PARIS, FRANCE - FEBRUARY 28: Kanye West is seen exiting a vehicle on February 28, 2024 in Paris, France.
(Photo by Pierre Suu/GC Images) Don't worry, the financial losses don't stop there. Kanye West spend years tearing up .