Going broke? Rapper Kanye West's $53 million debt

Apparently Kanye West is a whooping $53 millon in debt. The GOOD music artiste divulged this in a tweet before his Saturday Live Perfomance (SNL) on the NBC network. 

It is a well-known fact that Yeezy has been funding his fashion line primarily by himself. This might be the main reason as to why he is in debt

However, this is not the first that the Stronger hit artiste has been in debt. During the making of his debut album Late Registration which was released in 2005, he was plunged $600,000 in debt.