Kanye West owes more than $1 million in unpaid taxes as his messy finances continue to fall apart.
The rapper, producer and designer has had a tumultuous few years since Adidas, Gap, Balenciaga and a host of other brands dropped him following his anti-Semitic rants, dropping his net worth from $2 billion to $400 million.
Now DailyMail.com can reveal that his clothing company, Yeezy Apparel, LLC, has filed four active tax liens over the past three years for unpaid business taxes totaling $934,033.56.
To make matters worse, the rapper, who has shocked the world with his series of outbursts, also owes $101,093 in property taxes on two homes he owned with his ex-wife Kim Kardashian.
Kanye West owes more than $1 million in unpaid business and real estate taxes, DailyMail.com reports. In total, the rapper owes $1,035,126.56
Kanye West's Yeezy Apparel has filed four active tax liens over the past three years for $934,033.56 in unpaid taxes
The most recent request from the State of California Franchise Tax Board was in March 2023 for $319,356.58, including a $97,063.78 penalty and $9,644.40 in interest.
This stems from unpaid taxes between October 2021 and March 2022.
The rapper still has two pending tax liens against him.
One was filed in September 2022 for the period April to September 2021, during which the company owes $321,591.71 including penalties and interest.
Another was filed in February 2022 for $279,085.99, including a $92,374 fine and interest. This concerned the period January 2020 to March 2021.
The first lien was in July 2021 for $13,999.28, including penalties and interest, for three months from April 2020.
In total, Yeezy Apparel owes $934,033.56.
Meanwhile, Kanye also owns two properties that haven't paid property taxes.
One of these is a four-bedroom mansion in Calabasas, which he bought with ex Kim Kardashian in May 2018 for $2.2 million.
He was subsequently given the 300-acre property as part of their divorce agreement.
Kanye hasn't paid taxes on that amount since 2021 – meaning he now owes a total of $81,154 – that's $26,759 in 2021, $26,781 in 2022 and $27,614 in 2023.
The 46-year-old also got a three-bedroom condo in Calabasas, which he and Kim bought together for $1.6 million in August 2017.
Still, he stopped paying taxes this year, which totals $19,939.
For the two properties, the combined unpaid property taxes total $101,093.
Kanye has not paid taxes on two properties he received in his divorce from Kim Kardashian. He owes $101,093 in property taxes
Kanye hasn't paid taxes on a four-bedroom mansion in Calabasas, which he bought with ex Kim Kardashian for $2.2 million in May 2018. He owes $81,154
The 46-year-old also got a three-bedroom apartment in Calabasas, which he bought with Kim for $1.6 million in August 2017. In 2023, he stopped paying taxes, which totaled $19,939.
Kanye is selling his minimalist Malibu mansion for $53 million because the concrete walls are too gray, an insider revealed
In total, Kanye owes $1,035,126.56 in property and business taxes.
It remains to be seen whether he will ever pay the high amount once the fines continue to mount.
His recent erratic behavior is reflected in his business dealings, as it was revealed last month that the oceanfront Malibu property he bought for $57 million in September 2021 was for sale for $4 million less.
This is despite the fact that it is a shell of a building after Kanye's builders tore it apart and have now left it to rot.
He is currently being sued by the project's manager, Tony Saxon, who claims he wanted to turn it into a '1910s bomb shelter' and was told about the 'danger of such actions'.
The house now lacks doors, windows, plumbing, electrical systems, HVAC and interior finishes.
“It will cost several million dollars before the house is finished,” real estate agent Jason Oppenheim told The Wall Street Journal. “A lot of the architectural integrity and architectural value of the house is there.”
Kanye, now known as Ye, also abandoned plans to move his Yeezy operation to Wyoming.
Yeezy's new headquarters are now located on Melrose Ave in West Hollywood, but the building has fallen into disrepair.
Instead of taking care of the repairs, he is seen around the world with his Australian wife Bianca Censori, who he often dresses in scantily clad ensembles.
Kanye has been seen wandering around the world lately with his Australian wife Bianca Censori, who he often dresses in scantily clad ensembles
Adidas publicly parted ways with West in October 2022
Prior to his split with Adidas, Forbes valued Kanye at $2 million, now it's down to $400 million.
In October 2022, Page six reported that Kanye – who previously claimed to be a billionaire – could be in financial trouble, as sources said that while he has a large stash of cash, he also has huge expenses and could find himself in trouble if he doesn't turn the tide turns.
An insider revealed that he has “a lot of cash by anyone's standards” but that he also has “a high cash burn rate.”
The rapper has been no stranger to scandal throughout his career, which has been marred by infamous public feuds with the likes of Taylor Swift, Drake and even the Kardashian family, who he has repeatedly attacked on social media.
He was hospitalized in 2016 for a psychiatric emergency and first announced his diagnosis of bipolar disorder in 2018.
In addition to losing deals, he has also lost fan support for his disturbing comments, including claiming that “slavery is a choice,” and insisting that George Floyd died of a fentanyl overdose and was not killed by police officer Derek Chauvin Minneapolis.
In 2022, he was dropped by top talent agency CAA and Johnny Depp's lawyer Camille Vasquez after he and conservative commentator Candace Owens donned tops that read White Lives Matter at a Paris Fashion Week showcase for his Yeezy line.
Fashion bible Vogue has decided not to work with Kanye in the future, fans have boycotted his music and thrown away items from his Yeezy line.
According to Forbes, Kanye lost his billionaire status after the termination of his business contracts.