Kanye West has revealed that he owes $50million (£41.6m) in taxes.
During a latest interview on Tim Pool’s Timcast IRL podcast (which the rapper stormed out of after being challenged on his antisemitic views), Ye stated the Internal Revenue Service had locked down $75m (£62.4m) in his accounts as a result of he owes $50m in tax.
West instructed Pool that his “finance people” had notified him that he’ll “have to pay a lot of taxes”, per The Independent.
“I’m talking about literally finding out that they were trying to put me in prison this morning,” he continued. “But I found out … they put a $75m hold on four of my accounts.”
West added: “And then they said, ‘You owe a lot of taxes’. Took me like six hours to find out how much… around $50m.”
The ‘DONDA’ artist acknowledged that he’s “obviously not the most financially literate person on the planet”, saying that he’s spoken to “different CFOs” inside his enterprise to work out whether or not not paying the funds would quantity to tax evasion.
“So now… I get to actually learn how to run a company,” West went on. “I get to learn how… to count, really. It’s like I didn’t even know where to put the money.”
Additionally, Ye claimed that he was attempting to purchase his personal financial institution. You can watch the interview in full above.
The information comes after West and Kim Kardashian reached an settlement concerning the phrases of their divorce, with the previous couple finalising proceedings this week.
The rapper is required to pay Kardashian $200,000 (£167,000) monthly in baby help. The ex-spouses have additionally agreed to every cowl 50 per cent of their youngsters’s medical, instructional and safety bills.