Why is Kanye West 53 Million in Debt?

How can a millionaire be $53 Million in Debt? I go over the situation and teach the often misused mentality!

  • Kanye in Debt?
  • Duration: 4:27

Mentality Description

On the off chance you missed it, Kanye West, who adorns his two-year-old daughter in pastel furs and has boasted in rhyme about running suicide drills on private planes, sent the social-media industrial complex into overdrive this weekend when he bashfully announced on Twitter that he was $53 million in personal debt. The impecuniousness, he noted, was the result of following his dreams in the fashion industry.