Apparently he spent $5M on his passion project with his assistant and lost every single penny of it. In one year.

That loan I talked about early last week or the week before that had not been paid back and was causing big issues between two A list rap heavyweights was settled really quietly late last week.

They even did a nice little press release about how what was once all the A lister’s stuff is now jointly owned with the A+ lister.

So, the debt is cleared but our A lister is still going broke in a hurry.

Apparently he spent $5M on his passion project with his assistant and lost every single penny of it. In one year.

A lister: Kanye West
A+ lister: Jay-Z
Passion project/partner: Donda/Riccardo Tisci

Source: http://www.crazydaysandnights.net