Kanye West Buys Back His Childhood Home
Kanye West has reportedly bought his childhood home in Chicago.
According to documents seen by a US news channel, the rapper has finally bought back his former home, some 16 years after his mum, Donda - who passed away in 2007 - sold it.
Over the past two decades the property has fallen into disrepair, but according to WGN News, the 42-year-old has picked it up for around $225,000 (£181,600) and now plans on spending a further $60,000 (£48,200) to fix it up.
According to property reporter, Dennis Rodkin, Donda originally bought the house in the '80s, but after selling it around 20 years later says it 'went through a lot of trouble'.
In 2016, Kanye's old house was bought up by one of his former collaborators, Rhymefets, with plans for it to be the headquarters of the charity, Donda's House - a non-profit organisation that would support at-risk youths.
However, after a bitter feud ensued between Rhymefest and Kanye over funding for the 'arts incubator' they had hoped to create, plans fell through and nothing was done.
But that looks like it's about to change with news that Kanye has since purchased his mum's old home.
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Rodkin explained: "Earlier this month, some permits were taken out for renovating the house. There had been a plan to demolish it, so I tracked through the documents in California and it turns out that Kanye West bought the house.
"He bought it from the other organisation, he paid about $225,000 for it, he's got about $60,000 in repairs he's put on the permit. So, apparently, he's spending about $285,000 to renovate the house where he lived when he was a child and his mother lived until 2004."
However, according to Rodkin, quite what the future holds for the property is still not that clear.
He added: "What we don't know, I couldn't get anything confirmed from Kanye's people - his agent, his publicist - or anybody else, is he gonna sell it after he rehabs it, is he going to make it a rental property, is he gonna pick back up on that plan to put an 'arts incubator' there?
"We don't know what's gonna happen but we do know that this property that has been falling apart for years, really since shortly after Donda West sold it, is finally getting put back into condition."
And let's face it, he has more than enough money to do whatever he likes with the place.
According to Forbes, the rapper shared documents with the publication to prove his worth or to provide 'an authentic numeric look into Kanye, Inc.' as they put it.
The article claims that Kanye is now worth an estimated $1.3 billion (£1.05bn), however, in classic Kanye-style, the rapper is unhappy with their estimate and says he's actually worth $3.3 billion (£2.6bn).
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