The Real Deal Los Angeles

Kanye West and Kim Kardashian selling Bel Air mansion for roughly $18M

Kanye’s get-out-of-debt plan includes real estate, not just Twitter pleas

February 24, 2016 02:32PM

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Kanye West’s recent broadcasting of his financial woes may have been over the top (and perfectly on-brand): He tweeted he was in $53 million of debt and asked Mark Zuckerberg for help. But apparently, West is taking some more pragmatic measures to dig himself out.

West and his wife, Kim Kardashian, are close to sealing an off-market deal to sell their Bel Air mansion for roughly $18 million, sources told Variety.

They acquired the 10,000-square-foot property in early 2013 for only $9 million. They remodeled it to no end, but never moved in.  

The news hit the day after West dropped a new track about being broke at an L.A. release party, with the lyrics, “At this rate we gon’ both die broke/ Got friends that ask me for money knowing I’m in debt/ And like my wife said, I still didn’t say no.” [Variety] Hannah Miet