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Kanye West and Kim Kardashian Net Worth, Debt and Losing Millions

Travelers Today       By    Miriam Tumpalan

Updated: Oct 10, 2016 01:52 AM EDT

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Amidst the shocking news of Kim Kardashian being held at gunpoint in Paris which left her $5.6 million less (initially reported to be $10 million). Conspiracy theorists can't help themselves but to speculate on how the high-profile robbery occurred.

Many believed that the incident may have been staged by the Grammy Award-winning rapper, Kanye West, to claim his insurance money to payoff his $53 million debt which he announced in February, as reported by Yahoo News.

According to the "Life of Pablo" rapper's tweet, "I write this to you my brothers while still 53 million dollars in personal debt... Please pray we overcome... This is my true heart.. My dreams brought me into debt and I'm close to seeing the light of day," which made the people thinking, the site added.

Reportedly, Kanye West's net worth is $145 million making him the 20th wealthiest celebrity on 2014 Forbes list, as published by The Sun. If he decides on writing a check to eliminate his personal debt, his net worth might decrease but it won't leave him dry.

When the reality star, Kim Kardashian, and the Chicago native Kanye West joined forces, their fortune grew to a total of $230 million which is nowhere near his financial obligation.

Even though he's crying for help regarding his debt, this isn't apparent with his multi-million dollar real estates which includes a $9 million Bel-Air home with a $2 million renovation cost, a $20 million mansion in Hidden Hills, California, and houses in Paris and New York, the site added. Now, how can he even be in debt with all these assets?

However, a few days after he tweeted about his debt, Kanye wrote: "Yes I am personally rich and I can buy furs and houses for my family," which clearly states that he isn't in debt. So, what was he talking about?

A celebrity financial adviser, Samuel Rad told People, "[Kim's] overall brand is generating at least $1 million a month through just general posts, not including anything that's specifically being contracted with companies." If she did do it for publicity stunt, then boy! She's sacrificing millions going radio silent for days.

The bizarre accusation of the burglary being orchestrated by the Kardashian-West couple to claim insurance money should be debunked. Also, questioning whether Kim did it to herself as a publicity stunt just sounds as ridiculous.

See Now: The U.S. had the highest number of Most Wanted properties, dominating the Hotels.com Loved By Guests Awards 2018

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kanye west, kim kardashian, Bel-Air, paris, new york, California, Grammy, chicago
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