Kanye West says the Inner Income Service has put a maintain on 4 of his financial institution accounts as a result of the rapper owes the federal authorities $50 million in taxes.
West, who has modified his authorized title to Ye, made the revelation throughout an interview with right-leaning podcaster Tim Pool on Monday.
Ye bolted the interview on Pool’s “Timcast IRL” podcast after the host pushed again on the rapper’s newest anti-Semitic feedback about alleged Jewish management of the media.
The rapper appeared on the podcast alongside white nationalist Nicholas Fuentes and controversial media persona Milo Yiannopoulos, who's now working for Ye’s presidential marketing campaign.
Fuentes and Ye dined final week with Donald Trump on the former president’s Mar-a-Lago residence in Palm Seaside, igniting outrage.
Earlier than the contentious portion of the interview, Ye opened up about his funds.
The “Gold Digger” crooner, who appeared on the podcast to advertise his 2024 presidential marketing campaign, informed Pool that his “finance individuals” informed him he'll “must pay a variety of taxes.”
“I’m speaking about actually discovering out that they have been attempting to place me in jail this morning,” Ye stated. “However I discovered — okay, so that they froze, they put a $75 million maintain on 4 of my accounts.”
“After which they stated, ‘You owe a variety of taxes.’ Took me like six hours to learn how a lot ‘so much’ was,” Ye stated.
“Effectively, it was round $50 million.”
The Put up has sought remark from the IRS.
In the course of the interview, Ye acknowledged that he was “clearly not probably the most financially literate individual on the planet.” He stated he requested “totally different CFOs” who have been tied to his companies whether or not he's evading taxes.
“So now I’m having — I get to really learn to run an organization. I get to learn to, you understand, to depend, actually,” Ye stated.
“It’s like I didn’t even know the place to place the cash.”
Ye has generated appreciable quantities of unfavourable publicity up to now two months that has value him profitable partnerships with high manufacturers together with Adidas and Hole.
Adidas, the Germany-based sports activities attire maker, introduced final week it was launching an inner investigation over claims that Ye, who partnered with the corporate in promoting his Yeezy model of clothes and footwear, confirmed pornographic materials to staffers.
Adidas lower ties with Ye final month after the rapper unleashed a weird anti-Semitic tirade on social media. Hole, one other company companion that offered Ye’s attire line, additionally dropped him within the wake of his incendiary remarks.
Ye and Adidas partnered as much as promote his Yeezy shoe line again in 2013.
The corporate confronted criticism for not divorcing the previous billionaire sooner, which many chalked as much as the truth that Ye-branded footwear raked in virtually $2 billion in gross sales final yr for Adidas, in response to Morgan Stanley.
Ye’s terminated partnerships have reportedly lower his web price from an estimated $2 billion to a relatively paltry $400 million, in response to Forbes.
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