Kim Kardashian And Kanye West Are Not Having Money Issues, Despite Reports
Kim Kardashian West and Kanye West are not having money problems. Recent reports swirled that the power couple is living beyond their means and heading for broke status.
Still, it looks like the exact opposite is true for the couple as they still have millions coming in on a regular basis.
For starters, despite reports that West was involved in an ugly multi-million dollar legal battle after he canceled his tour in 2016, it was actually West who filed the lawsuit to cover his insurance. Interestingly enough, his insurance carrier settled to pay the rapper millions.
On top of that, the latest collection of West’s Yeezy shoe line sold out shortly after its February release. Fans know that West isn’t the only one bringing in major dollars when it comes to his marriage to Kardashian.
Kardashian's family made headlines after they inked a $150 million contract with E! network. Reports noted that Kim and two of her sisters, Kourtney and Khloe, would receive a majority of the money.
Kardashian is also a producer of Lifetime’s Glam Masters. Kardashian, who said she'd rather have a business than fame, has money coming in from her successful brands like KKW Beauty.
The latest report shuts down the rumors that Kardashian and West were losing money as they flew in private jets, bought expensive jewelry, and pricey gifts for each other. One insider claimed that Kardashian was losing it because of West’s alleged spending habits.
They said that West, who is also accused of abandoning his and Kardashian's three children, was spending lavishly without any budget in mind and claimed that the couple wasn’t making nearly as much money as they once were.
“His monthly outgoings are huge, not only with the business but his personal extravagances too,” claimed the source earlier this month. “[Kardashian is] scared to death he’ll drag her down with him because their finances are so intertwined.”
This isn’t the first time Kardashian and West allegedly had money issues. News swirled that the couple has $53 million in debt after West spent the money on his fashion and music businesses such as Yeezy.
Kardashian actually took to Twitter to respond to those rumors when they surfaced back in 2016.
“sorry I’m late to the party guys I was busy cashing my 80 million video game check & transferring 53 million into our joint account…”
It later came out that West wasn’t actually $53 million in the hole.
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