Kanye West discloses he’s worth ‘hundreds of millions of dollars’ (not billions!) in documents filed as part of his presidential bid

Kanye West discloses he’s worth ‘hundreds of millions of dollars’ (not billions!) in documents filed as part of his presidential bid

Kanye West admitted to being worth ‘hundreds of millions of dollars’ despite claiming in September to be worth $5 billion after signing a 10-year deal with Gap.

West’s admission came in financial disclosure forms filed as part of his quixotic 2020 presidential bid.

The rapper and footwear designer values three of his companies at $50 million each and says his partnerships with Adidas and Nike are worth a combined $30 to $75 million, Business Insider reported Monday.

However, he also disclosed he has up to $100 million of debt, mostly from mortgages.

Kanye West, who claimed in September he is worth $5 billion, stated in personal financial disclosure forms for his presidential bid that he has ‘hundreds of millions’ in assets and up to $100 million of debt.

An aerial photograph shows Kanye West and Kim Kardashian’s mansion in the Bel Air Crest neighborhood of Los Angeles. West, who has previously said he was a billionaire, filed financial disclosure forms indicating he was instead worth hundreds of millions of dollars
Kanye’s Lamborghini Aventador LP 700-4

His finances are set out in personal financial disclosure forms filed with the Federal Election Commission as required by all candidates for public office.

Kanye announced in July he was running for president as an Independent in a self-funded campaign.

By late summer, according to the documents obtained by Business Insider, he had spent $6.7 million that he loaned his campaign.

But he has failed to make the ballot in most US states and the District of Columbia.

Kanye has made it onto the ballot for 12 states including Kentucky, where he allegedly spent $400k to get the necessary signatures, and in Iowa, after reportedly paying $80k.

 According to a report from TMZ, a source at Let the Voters Decide said Kanye has paid the petitioning group between $3.5 and $4.5 million for them to work across 15 states but with mixed results.

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