The rapper was dropped by Adidas in October 2022 after he made anti-Semitic comments on social media, leading to his dwindling net worth.

Kanye West Reaches Out To Ex-Wife Kim Kardashian For Money

Kim Kardashian is a highly successful reality TV star and entrepreneur. Her ex-husband Kanye West, who is a renowned rapper is apparently reaching out to Kim amid falling brand deals and financial woes. Kanye, who built an empire with his songs and by making a name in the fashion industry is going through a rough time and sources say he is counting on Kim for help.

Is Kanye reaching out to Kim for financial help?

“Kanye’s been burning through his savings at an alarming rate and it’s starting to have a very real impact on his bank balance. He’s still got some money coming in, but ever since he lost that deal with Adidas, he’s seen many, many zeros drop off his net worth,” a source revealed to In Touch.

The rapper was dropped by Adidas in October 2022 after he made anti-Semitic comments on social media, despite his Yeezy shoes being one of the brand’s best-selling items. While this was the first sign of his net worth dwindling, he paid no heed. “At first, he didn’t let it affect his spending habits, if anything he spent more to prove he could, but it’s now gotten to the point where he’s got no choice but to make some cutbacks, like flying coach instead of private jets,” the source adds.

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Kanye is known for his lavish lifestyle, so when Ye and his wife Bianca Censori were filmed by a TikTok user taking a commercial flight, fans were shocked. “Reigning in his spending is not something he’s used to doing and it’s been a huge blow to his ego. Meanwhile, Kim couldn’t be doing better. She’s been very smart with her money and business is booming, so she’s able to spoil the kids in a way Kanye can’t,” the insider source continues.

Kim Kardashian miles ahead of Kanye in terms of finances

While Kanye is having to humble himself, Kim could not be in a better place when it comes to financial stability. The source compares both and adds, “She can charter a private jet or stretch limo service at the snap of a finger. He’s still on the hook for custody payments, which is also something he’s finding difficult to sustain,”. The former couple have four children together – North, 11, Saint, 8, Chicago, 6, and Psalm, 5.

Kanye has now reached a point where he cannot hide his difficult financial situation from his ex-wife. He source concludes, “So, it’s put him in the humiliating position of needing to actually ask Kim to give him a break and help him out. Having to admit to her that things are not as great as he likes to pretend is rock bottom for him, the only thing lower is going broke, so he’s had to humble himself and ask her for help”.