Kanye
West declared this week on Twitter that he is having financial issues
because he has invested $53m of his own money into his projects. And on Wednesday, People
pointed out that the 38-year-old singer has been overspending on his
$20m Hidden Hills, California, mansion that is currently undergoing a
second round of renovations.
But the
rapper soon after clarified he still has a great deal of personal
wealth, but the statement put a big spotlight on his finances with many
scratching their heads over his claims as he continues to lead an
opulent lifestyle with wife Kim Kardashian.
'They
both make a ton of money but they also spend a ton,' said a source. It
was also noted that Kim made $53m in 2015 and Kanye made $20m in 2014,
The
insider continued: 'And they are sparing no expense with their new
house. They are spending $20,000 fixtures, the perfect flooring – the
costs have been endless.'
The
home is also being resurfaced, which the couple admitted to earlier
this month when they spray painted their love for each other on the old
surface.
The estate sits on 3.5 acres of land and features two swimming pools, two spas, two barbecue centers and even a vineyard.
This
comes after already having spent millions on the first remodel which
took around six months (while their home is being worked on, they live
at Kris Jenner's Hidden Hills property).
And
it also comes after the parents to North and Saint spent millions
decorating the palatial house. Those old furnishings may have already
been sent to Goodwill.
The couple snapped up the property, once owned by Elvis' daughter Lisa Marie Presley, in August 2014..
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