During a recent interview, Grammy Award-winning rapper and entrepreneur Kanye West said he owes over $50 million in taxes to the IRS before angrily storming off set.
In typical Kanye fashion, he openly spoke about his personal finances to host Tim Pool of the Timcast IRL on Nov. 28. That day, he shared that his “finance people” said he’d “have to pay a lot of taxes.”
“I’m talking about literally finding out that they were trying to put me in prison this morning,” the rapper and fashion designer said during his appearance with right-wing commentators Milo Yiannopoulos and Nick Fuentes. “But I found out–okay, so they froze, they put a $75 million hold on four of my accounts.”
He continued, telling the seemingly nervous host, that it took him “like six hours to find out how much” he owed the IRS due to not being “the most financially literate.”
“And then they said, you owe a lot of taxes. Took me like six hours to find out how much. A lot, well, around $50 million,” he added before sharing that he’s not “the most financially literate person on the planet.”
The Chicago native said he went to his businesses’ “different CFOs” to determine if he was partaking in tax evasion, leading him to believe that he didn’t know “how to run a company.”
“Now I’m having–I get to actually learn how to run a company. I get to learn how to, you know, to count, really… It’s like I didn’t even know where to put the money,” he said.
What really ticked Ye off, however, was when he was challenged about his controversial comments regarding who controls the industry. At that moment, he left the set of the interview prematurely.
He initially made the comments in a bizarre Instagram rant that started a firestorm on social media and even led JP Morgan Chase to cut ties with him as well as Adidas. Adidas was the years-long parent company of his famed brand, Yeezy.
