Wait, Kanye West, We Thought You Were in Debt?!

Wait, Kanye West, We Thought You Were in Debt?!

He spent how much on this gift for his wife?

Published September 20th

A short seven months ago, Kanye West admitted that he was a whopping $53 million dollars in debt.

While delivering the news in an impassioned Twitter rant, he explained that while he is “personally rich,” he needs “access to more money in order to bring more beautiful ideas to the world.”

While he does raise an interesting point that if he spent all of his money on his ideas, he “could not afford to take care of [his] family,” he was met with unforgiving backlash because many could not relate to his “struggle.”

Following the rapper-turned-designer detailing his financial woes, a compelling case was made that his marriage to Kim Kardashian essentially merged them together to form one person and therefore her impressive earnings from her app and other businesses would simply cancel out his debt.

Regardless of the arguments that their finances are separate or not, one thing is very mutual and undisputed: their public love for one another.

Most recently, it was reported that West decided to upgrade her diamond ring collection, gifting Kardashian an out-of-this-world beautiful emerald cut rock.

Considering that now his leading lady is sporting over $5 million worth of jewelry on her fingers alone — and factoring in ‘Ye’s self-professed debt — one can’t help but be curious and ask, How Sway?

According to TMZ, the new Lorraine Schwartz diamond ring is 20 carats, which is six carats larger and three times more expensive than her original $1.3 million engagement ring. It also was adoringly shared that West purchased the ring for his beloved wife “just because.”

If this is a “broke” Kanye West, imagine what damage he could do if and when he doubles, or triples, his net worth. 

Take a look at the impressive and semi-infuriating purchase in the clip below.

Written by KC Orcutt

(Photo: Mike Coppola/Getty Images)

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