Kanye West Takes Huge Loss On Malibu Mansion
September 30, 2024 7:17AM EDT
Kim Kardashian, left, and rapper Kanye West watch during the second half of an NBA basketball game between the Los Angeles Lakers and the Cleveland Cavaliers, Monday, Jan. 13, 2020, in Los Angeles. The Lakers won 128-99. (AP Photo/Mark J. Terrill)
Kanye West has had a rough year. He just suffered massive financial losses thanks to selling his Malibu mansion. Kanye just took a substantial loss on it with the amount he sold it for. The price of the property was dropped by almost $15 million when no one made an offer to buy it.
Ye officially sells his gutted Malibu mansion for $21 million after purchasing the home for $57.3 million in 2021. pic.twitter.com/AwjgGAwnma
— XXL Magazine (@XXL) September 27, 2024
Kanye bought the mansion in 2021, and he paid $57.3 million. To sell it he dropped the asking price to $39 million. Source: TV Shows Ace
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