Kim Kardashian is now officially a billionaire, according to reports, but her ex-husband Kanye West is struggling with his finances after losing many brand deals due to his controversies, and it's gotten to a point where the rapper is allegedly begging his ex-wife for financial support.
According to a source who spoke with InTouch Weekly, the "American Girl" rapper has been burning his savings "at an alarming rate" and is starting to affect his bank balance.
Although the insider revealed that there is still money coming in, "many zeros drop off his net worth" after he was dropped by Adidas in 2022 following his anti-Semitic comments on social media that caused an uproar from online users.
Kanye West, Kim Kardashian
"At first, he didn't let it affect his spending habits; if anything, he spent more to prove he could," the insider said, adding that West eventually had no choice but to adjust his spending habits, like flying coach instead of private jets.
Earlier this month, the rapper and his wife, Bianca Censori, were spotted taking a commercial flight. They were even filmed by a fan who shared the video on social media, saying they didn't expect the rapper on their flight.
The source added that West, who was married to Kardashian from March 2014 to March 2022, still provides custody payments, which is hard for him to sustain, while his ex-wife continues living a lavish lifestyle.
"So, it's put him in the humiliating position of needing to actually ask Kim to give him a break and help him out. Having to admit to her that things are not as great as he likes to pretend is rock bottom for him, the only thing lower is going broke, so he's had to humble himself and ask her for help," the source added.
As of this writing, the rapper has not disclosed his financial status publicly.
According to Forbes' World's Celebrity Billionaires list, Kim Kardashian has a whopping net worth of $1.7 billion. In 2023, her shapewear venture, Skims, was valued at $4 billion.
West used to be a billionaire, but after his series of controversies, he was dropped by companies like Gap, Balenciaga, and CAA, which made his net worth around $400 million.
