Kanye West Has Spent Almost $6 Million On His Campaign + Rapper Says He’s Now Worth $5 Billion
Kanye West’s run for president is becoming a pricey one.
The rapper has spent close to $6 million on his campaign so far, according to a finance document filed with the Federal Election Commission, where he described himself as “self-employed/entrepreneur.”
Kanye West announced his run on the 4th of July and hasn’t slowed down since.
His campaign has spent $5.86 million so far. Much of it is from the $6.7 million that he personally loaned his campaign from his own funds in July and August.
He’s also received eight small donations from $200 to $1,000. Those are said to be from citizens.
His campaign has also racked up $1.2 million in debt. A majority of it is owed to Tempe, Arizona company “Fortified Consulting”. The firm has the same address as Lincoln Consulting, which is a political firm that Nathan Sproul, a previous executive director in the Republican Party, co-founded.
Despite his multi-million dollar campaign, Kanye West will not appear on the ballots for several states including Wisconsin, his home state Illinois, and Wyoming, where he currently residents. Still, he celebrated the ballots he will appear on via Twitter last month.
The money he’s spent on his campaign might be a drop in the water as he recently claimed he’s worth $5 billion after he secured a 10-year deal with Gap.
He told Nick Cannon on “Cannon’s Class” podcast:
“So look, this year it was simple. I was on the Bloomberg list… [and] they finally recognized that my net worth at that time was $3.3 billion. And then my net worth almost doubled after I did the Gap deal to $5 billion.”
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