Turns out it's actually pretty difficult to sell a house without windows, electricity, or plumbing for $50 million, as Kanye West (now known as Ye) has learned firsthand. As reported by ForbesWest lowered the asking price of his 4,000-square-foot Malibu home from $53 million to $39 million after struggling to sell the destroyed property.
West originally purchased the Tadao Ando-designed home in 2021 for a whopping $57.3 million from bicycle designer Richard Sachs. He subsequently destroyed all existing fixtures and furniture, including removing windows and doors. The following year, West hired contractors and began preparing what appeared to be substantial renovations. However, within a year construction stopped, leaving parts of the structure completely exposed to the elements. According reports, neither West nor his contractors have been seen on the property since. Mark it as another unrealized Ye project.
West's inability to complete his renovations or get rid of the house aren't the only problems the Malibu property has caused the artist. In September 2023, Tony Saxton, a contractor who worked on the house, sued West for poor working conditions, alleging that he was forced to work 16 hours a day and sleep on the floor of the partially demolished house. Saxton claims that he was ultimately fired after raising concerns about the electrical system planned for the property, adding that he is still owed more than $1 million in compensation. The lawsuit has resulted in a lien being placed on the house, meaning it cannot be legally sold without the buyer settling any debts he still owes Saxton.
The Malibu fiasco is the latest in a long, long, long series of Western missteps, strange behavior and obnoxious theatrics. In the last two years alone, West went on several anti-Semitic tirades, made Alex Jones act like a straight man, ruined his most lucrative businesses, and squandered a good chunk of his net worth. Earlier this month, West is also being sued by a former Yeezy and Donda Academy employee who alleges the rapper told students he would shave their heads and lock them in cages.
West's last album was his collaboration with Ty Dolla $ign, Vultures 1which Consequence Features editor Wren Graves called it “dead on arrival.” Read the full review here, as well as our take on his lackluster “comeback” performance at Rolling Loud California.
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