Kanye and Kim News and Rumors: Kayne Going Broke Due to Wife’s Extravagant Lifestyle

By Dipannita - 05 Apr '16 11:45AM
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Looks like Kim Kardashian's super expensive lifestyle is proving to be a pain for her husband Kanye West as he is turning bankrupt.

The popular rap artist had earlier tweeted in February that he has a debt of $53 million and had requested followers to pray for him so that he could get out of it. The post had given rise to rumors about his bankruptcy. However, many were not buying the story as Kanye is successful in his personal life, what with the super popular clothing line Yeezy to his credit.

But if reports are to be believed, the rumor seems to be true. Kanye West is going through a tough financial crisis and all this because of his wife's extravagant lifestyle that revolves around expensive jewelry, clothes, house, holidays and trips. He is trying to keep up, but it is proving tough and he is getting more embroiled in a monetary crisis.

The rapper has also realized that he cannot maintain the unduly profligate demands of his wife. He thinks he has had enough and cannot carry on any further. Whatever wealth he has accumulated till now is proving insufficient and he is scared that it will not last for long.

This is truly tragic as the rapper had been a content man before he fell for Kim. He led a much simpler lifestyle, but after their wedding, things changed and he came under a lot of pressure. Providing for his wife's lavish lifestyle and trying to match her has caused a good deal of upheaval on the financial front.

It is worth mentioning here that the couple is known for being reckless when it comes to spending and their mindless expenditure on home renovation has been quite in the news. The duo spent a fortune on redoing their Hidden Hills home and Bel-Air mansion, which they had purchased for $20 million and $11million respectively.

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