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Seth Rotherham
  • Besides Being $53 Million In Debt, Here’s Kanye’s Plans To Rule The World

    16 Feb 2016 by Sloane Hunter in Money, Music, Tech/Sci
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    Kanye West is really spazzing out and him having access to his Twitter account isn’t really helping. Personally, I would say he has a spot of schizophrenia where he ebbs and flows out of grandiose delusions.

    On Saturday night, hours before his performance on Saturday Night Live Kanye claimed he is now $53 million in debt:

    Screen Shot 2016-02-16 at 9.10.26 AM

    But how?

    After all, West has moved over 32 million albums and 100 million digital downloads worldwide. He just sold out Madison Square Garden—as well as movie theaters across the country that simulcasted—his Yeezy Season 3 fashion show in collaboration with Adidas. Last year, he moved into a reported $20 million sprawling mansion with his family in Hidden Hills, California. And just a few weeks ago, he posted a photo of a pair of custom-fitted luxury vehicles—a Rolls-Royce and a Maybach—to his social media, alleging he’d purchased the duo for him and his wife.

     Maybe he is actually living off Kim’s income as she is a pretty legit business woman. But things got weirder on Sunday morning:
    Screen Shot 2016-02-16 at 9.11.46 AM

    Umm, Kanye, Zuckerberg’s birthday is in May. Sorry. But other than that, Kanye’s Twitter feed is off the chain. Check it out HERE. I would like to think he is pulling a Jaden Smith and might one day publish a book on them, too, but his tweets are too fired with personal emotion to be considered stable.

    If you’re asking why West didn’t go the Facebook route, well, he’s one of the only major music artists who doesn’t have an official Facebook page, nor does he have an Instagram page (a Facebook subsidiary). For some reason, West has chosen to leave millions of dollars in promo money on the table to not create accounts on these Zuckerberg-owned sites.

     But check this out:

    Screen Shot 2016-02-16 at 9.09.06 AM

    A comprehensive network of businesses investing in everything from medical research to find a cure for HIV and cancer, to holograms and hovercrafts, to matchmaking and “emoticon auto correct.”

    He presented this chart to VC investors four years ago and “everyone laughed” at it. Back in 2012, West first announced DONDA to the world. Here’s a snippet of his 1 600 Twitter rant:

    DONDA is a design company which will galvanize amazing thinkers and put them in a creative space to bounce there dreams and ideas.

    DONDA will be comprised of over 22 divisions with a goal to make products and experiences that people want and can afford. I want to put creatives in a room together with like minds that are all waaaay doper than me. We want to help simplify and aesthetically improve everything we see hear, touch, taste and feel.

    We can collectively effect the world trough design. We need to pick up where steve jobs left off.

    YAWN.

    But investors were more interested in hanging out with Kanye than actually giving him any money:

    Kanye is not good at articulating what DONDA is. He is the Maboo of DONDA, but DONDA has no Ilan or Tom for now. I mean, what is DONDA? so far it is just a brand.

    Since the failed DONDA money-raising tour, the company’s designed book and album covers, and handled all the brand and marketing for the albums and tours for Watch the Throne and Yeezus.

    Perhaps he should follow the advice of his idol, Steve Jobs, and narrow his focus.

    [source: thedailybeast]

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