Kanye West buys back childhood home after reaching billionaire status
- Kanye West has bought back his childhood home in Chicago
- This came about after a charity that was connected to him failed to turn the home into an arts hub as planned
- Kanye recently reached billionaire status, becoming the richest rapper in the world
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US rapper Kanye West has reportedly bought back his childhood home in Chicago after a charity failed to turn it into an arts hub.
Kanye bought the house in Chicago's South Shore neighbourhood for $225 000 just a few days after he reached billionaire status.
The Mail Online reports that charity Donda's House Inc. - named after West's late mother - bought the home in 2016.
It had planned to turn the house into a community arts "incubator" for at-risk youth. Kanye's late mother, Donda, reportedly died in 2007 following complications with a cosmetic procedure.
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The All Of The Lights hitmaker has since cut ties with the charity, following his feud with childhood friend rapper Rhymefest, who served as the creative director.
The rapper purchased the home for around $225 000 and will need at least $60 000 in repairs after it had been left in ruins, according to the Mail Online.
Donda, who was an English professor at Chicago State University, purchased the home back in the early 1980s and sold it in 2004.
She is said to have mentored Rhymefest - real name Che Smith - while he was growing up with her son in Chicago.
Briefly.co.za earlier reported that Kanye has reached billionaire status, becoming the richest man in hip-hop.
Kanye has actually surpassed rapper Jay-Z’s nett worth, according to Forbes. Kanye’s green is sitting at $1.3 billion dollars, $300 million more than Jay Z.
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Source: Briefly News
