Kanye West says that the Internal Revenue Service has put a hold on 4 of his bank accounts since the rapper owes the federal government $50 million in taxes.
West, who has modified his legal name to Ye, made the revelation during an interview with right-leaning podcaster Tim Pool on Monday.
Ye bolted the interview on Pool’s “Timcast IRL” podcast after the host pushed back on the rapper’s latest anti-Semitic comments about alleged Jewish control of the media.
The rapper appeared on the podcast alongside white nationalist Nicholas Fuentes and controversial media personality Milo Yiannopoulos, who’s now working for Ye’s presidential campaign.
Fuentes and Ye dined last week with Donald Trump at the previous president’s Mar-a-Lago residence in Palm Beach, igniting outrage.
Before 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 campaign, told Pool that his “finance people” told him he’ll “need to pay numerous taxes.”
“I’m talking about literally checking out that they were attempting to put me in prison this morning,” Ye said. “But I came upon — okay, so that they froze, they put a $75 million hold on 4 of my accounts.”
“After which they said, you owe numerous taxes. Took me like six hours to learn how much so much was,” Ye said.
“Well, it was around $50 million.”
The Post has sought comment from the IRS.
Through the interview, Ye acknowledged that he was “obviously not essentially the most financially literate person on the planet.” He said he asked “different CFOs” who were tied to his businesses whether he’s evading taxes.
“So now I’m having — I get to truly learn methods to run an organization. I get to learn methods to, you realize, to count, really,” Ye said.
“It’s like I didn’t even know where to place the cash.”
Kanye West claims that the IRS froze his accounts because he owes the agency $50 million in taxes.Fox News
Ye has lost corporate partnerships with Adidas and Gap within the wake of a series of anti-Semitic tirades.GC Images
Ye has generated considerable amounts of negative publicity prior to now two months that has cost him lucrative partnerships with top brands including Adidas and Gap.
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Adidas, the Germany-based sports apparel maker, announced last week that it was launching an internal investigation over claims that Ye, who partnered with the corporate in selling his Yeezy brand of clothing and shoes, showed pornographic material to staffers.
Adidas cut ties with Ye last month after the rapper unleashed a bizarre anti-Semitic tirade on social media. Gap, one other corporate partner which sold Ye’s apparel line, also dropped him within the wake of his incendiary remarks.
Ye and Adidas partnered as much as sell his Yeezy shoe line back in 2013.
The corporate faced criticism for not divorcing the previous billionaire sooner, which many chalked as much as the proven fact that Ye-branded shoes raked in almost $2 billion in sales last yr for Adidas, in accordance with Morgan Stanley.
Ye’s terminated partnerships have reportedly cut his net price from an estimated $2 billion to a relatively paltry $400 million, in accordance with Forbes.
