Kanye West 'Famous' Psychosis Diagnosis Update; Star Stands To Benefit From Huge Insurance Payout? Will Spend Thanksgiving with Wife Kim Kardashian

By Abe Narra - 24 Nov '16 04:50AM
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Hip-hop star Kanye West may have lost millions for canceling shows in his St. Pablo tour but with his insurance company, he could earn up to $30 million.

TMZ has learned that the policy the "Famous" rapper had with his insurance company will cover him $30 million on the show that he canceled because of health reasons. West admitted him to UCLA Medical Center last Monday after canceling the remaining dates of his tour.

The rapper is reportedly covered for the money he was about to make if the illness stops any insured person from continuing to appear in any or all of the performances and events insured.

There are still no reports if the rapper was suffering from anything before admitting himself to the hospital this week.

Dr. Michael Farzam told emergency responders that he was placing the rapper on a 5150 hold, which would allow a doctor to forcibly admit a person with a mental disorder to the hospital. Farzam added that he attacked a staff member at the residence/gym.

Reports said that West tried to struggle with the paramedics. He had to be handcuffed to the stretcher as he was delivered to UCLA Medical Center for a psychiatric evaluation.

Kim Kardashian-West was in New York at the time in honor for his late father Rob Kardashian. Upon hearing the news, she immediately got a ticket back to LA to stay at her husband's side.

It was supposed to be her first appearance in public since being robbed at gunpoint in Paris last month. She was supposed to be with her sisters Monday night.

Last Monday, Live Nation, Kanye's concert promoter, announced that he is canceling the remaining 22 gigs on his US tour without reasons given,

The announcement came just two days after West walked off stage 30 minutes into his performance following a political and personal rant. In those rants, he took aim at Hillary Clinton, Beyoncé and Jay Z and Mark Zuckerberg in an odd outburst on stage in Sacramento last Saturday.

Currently, reports show that West is in a good, stable condition with his wife Kim. Hospital officials said that West will spend Thanksgiving in his hospital room with his wife.

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