It’s Kris Jenner to the rescue! After Kanye West revealed that he was in $53 million worth of debt following the release of his album ‘Life of Pablo,’ a source tells HollywoodLife.com EXCLUSIVELY that Kris is now demanding to take over Yeezy’s finances in order to save him from becoming another ‘Tyga!’
Kris Jenner, 60, is not happy with Kanye West, 38, these days! A source tells HollywoodLife.com EXCLUSIVELY that the momager is absolutely “livid” with Yeezy after learning that he’s in $53 million dollars of personal debt, and is now taking drastic measures to ensure that he doesn’t end up like another “Tyga.” Ouch!
“Kris was heated when she called Kanye to scold him about his debt,” an insider told HollywoodLife.com EXCLUSIVELY. “She was so mad and slipped up and asked him ‘who are you, Tyga? I’d expect this from him!’ She was literally in shock when she saw Kanye tweeting about his massive debt and asking for loans. She immediately called him and demanded to look over his finances to help him save the money he does have and income he’s currently receiving. When it comes to making and saving money, there’s no one better than Kris. She’s determined to help Kanye get back on track and rolling in dough and will go so far as to twist his arm so that he puts all his money in her name so she can singlehandedly control it.”
As if Kanye’s insane Twitter rant wasn’t already infuriating enough for Kris, the rapper only continued to make matters worse for himself when he decided to hit up Jacob & Co in New York City on Feb. 15 for a champagne-filled shopping spree. The broke rapper was reportedly shopping for some ridiculously expensive luxury watches, one of which could potentially set someone back “the price of a small house,” according to TMZ. Needless to say, Kris was having none of that! “Seeing Kanye eyeing expensive watches and throwing back glasses of champagne enraged her,” our source added. “The last place someone should be who’s in massive debt is an expensive jewelry store.” Amen!
Unfortunately, Kanye’s money problems don’t end there. Since releasing his new album The Life of Pablo on Tidal on Feb. 13, Yeezy has reportedly lost millions of dollars in album sales after the album was illegally downloaded more than $500,000 times! Instead of offering the record for download on his website or on Tidal, it was only available to be streamed, and so Kanye didn’t get anywhere near the amount of money he could have for it. To make matters worse, before deciding to release it on a whim, ‘Ye had planned to sell it for $20 a copy on his website, and if he did, he would’ve made $10 million! That’s got to hurt!
Despite his “time of need,” plenty of people have still been able to find humor in Kanye’s massive debt. When Pizza Hut heard that Kanye was deep in the hole, the pizza chain offered Yeezy a job. However, Mark Zuckerberg, 31, might have had the biggest diss when he “liked” a Facebook post by Steven Grimm, a former software engineer at the social media site, who wrote, “Dear Kanye West: If you’re going to ask the CEO of Facebook for a billion dollars, maybe don’t do it on Twitter.” Nailed it!
HollywoodLifers, what do you think about Kris’s plans to save Kanye’s finances? Do you think he should let her step in? Sound off below!