Billionaire rapper Kanye West dropped $57.25 million on a very interesting looking box-like Malibu house – post divorce filings from Kim Kardashian.
But fans are not impressed.
For $57 milli what did Ye get? Apparently not much according to fans. While the house is a beach front property, it’s less than 4,000 square feet and was last valued at $1.9 million in 2003.
MTO News learned that Kanye’s new house is 3,665-square-foot, concrete-heavy house is designed by award-winning starchitect Tadao Ando. Despite that fact, fans think Ye seriously overpaid when Dirt.com broke the news Sunday night.
The three-story house on Puerco Beach was built on a 0.13-acre beachfront in 2013. It has a large, glass pivot door facing the beach, a garage, four bedrooms and five bathrooms, city records show.
The home was previously owned by Ashley Olsen’s onetime boyfriend Richard Sachs. Before him, the property was owned by voice actor Edie Boddicker and her husband, composer Michael Boddicker, records show.
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West, whose net worth is estimated at $1.8 billion, also owns a Wyoming ranch and his childhood Chicago home. Pre-breakup, he and Kardashian owned a compound in LA in the Hidden Hills neighborhood. She will reportedly get it in the divorce.
West and Kardashian have four children — North, 8, Saint, 5, Chicago, 3, and Psalm, 2. They filed for divorce in February after his presidential bid and cheating rumors.
