Kanye West‘s $57 million mansion is reportedly rotting away after he shut down his construction company.
According to a report by UK’s The Sun, published on Friday (May 26), Kanye West’s Japanese-inspired mansion in Malibu, Calif., is reportedly rotting away after the rapper-producer quietly shut down his construction company, Yeezy Construction, Inc. last November. Since then, the home has been left gutted mid-renovation.
Kanye bought the Malibu mansion in September 2021 at a discount. Initially, the home, designed by Ye’s favorite architect Tadao Ando, was on sale for $75 million before it was removed from the market. The property was meant to be “part house, part sculpture”, with only a few Ando designs being seen throughout America, but Kanye completely gutted the home and all that remains is a concrete shell and rusting balconies. There’s also abandoned utility pipes underneath the property alongside the beach.
The Sun reports that Kanye’s construction company was developed in Wyoming last August, where he purchased a $14 million ranch, which, reportedly, is gathering dust as well. Currently, the Grammy Award-winning artist purportedly lays his head at a home in Melrose Avenue in Los Angeles.
Ironically, Kanye’s former friends, Jay-Z and Beyoncé, recently purchased a $200 million home in Malibu, Calif., which was also designed by architect Tadao Ando.
Watch TMZ’s Report on Kanye West’s Gutted Malibu Home Below
Watch My Next Guest With David Letterman: Inside Kanye West’s California Home Below
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