Kanye West loses real estate empire.
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Kanye West loses real estate empire.

Rapper Kanye West has suffered setbacks in his real estate empire in recent months. In December, he sold his Malibu beach house at a loss of $4m, and pictures obtained by the Daily Mail show how his strange behavior contributed to the collapse of his property plans. West also put up the beachfront home, designed by contemporary architect Tadao Ando, for sale, for $53m two years after purchasing it. The sale comes as West’s empire has faltered, including a rundown Wyoming ranch and his properties in Hidden Hills. Four years ago, West bought a number of far-flung farms in California and Wyoming, and his massive mansion with ex-wife Kim Kardashian was the envy of Los Angeles residents. But after his strange behavior and speeches that were described as anti-Semitic, his position deteriorated, and his status as a fashion, music, and real estate icon faded.



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