Kanye West $53 Million Debt ‘Lie’ Exposed? Here’s The Honest Truth About It, According To Kris Jenner

If Kanye West planned to create a ruse for publicity, he definitely succeeded by “admitting” to the world that he’s $53 million in debt. But was it all true? According to Kris Jenner, it’s not and the media misconstrued Kanye’s words.

On Tuesday, Mar. 1, the Keeping Up With the Kardashians matriarch appeared on The Ellen DeGeneres Show where they chatted about a number of things happening in the ever-changing life of Kris Jenner. During the interview, she discussed everything from her children and the drama with her seemingly troubled son-in-law Kanye and his massive debt, to Caitlyn Jenner and the murder of Nicole Brown Simpson, according to The Daily Beast.

Since Kanye West made headlines numerous times throughout the entire month of February, of course, his viral Twitter declaration was discussed. But Kris Jenner spilled details fans probably didn’t know.

In fact, she revealed the honest truth about Kanye’s debt statement. Apparently, he’s not “in debt” at all. According to Kris, $53 million is just the amount of money he’s invested into his clothing line. It doesn’t have anything to do with his personal finances. Kanye West is far from “broke.”

“When he was like, ‘Oh, I am 53 million dollars in debt,’ that whole thing, what he was trying to say was that’s what he has done to spend on his clothing line over the last 15 or 20 years or whatever it’s been,” Kris explained. “But it comes out not exactly the right way and people get it misconstrued through the media. It’s complicated, what can I say?”

Although many social media users have accused Kanye West of lying and using the $53 million debt tweet as a publicity stunt, he could very well be in debt from an entrepreneurial perspective.

Kris Jenner’s statement follows Kanye West’s explosive Twitter rant on Feb. 14. For those who missed the rapper’s cyber tirade, it came shortly after his colossal meltdown behind the scenes on Saturday Night Live. He took to Twitter with an unconventional business proposition for Mark Zuckerberg, asking the Facebook billionaire to invest in his ideas.

The explosive tweet led to a series of memes as social media users began trolling Kanye West with his face attached to impoverished illustrations that showed him begging for money. Social media users even set up a GoFundMe amount for the “struggling” rapper. But was Kanye West’s debt a matter of misconstrued words as Kris Jenner insists, or a well-orchestrated publicity stunt following the release of his new album, The Life of Pablo?

Regardless of what it was, Kanye West succeeded at becoming the center of attention because news outlets everywhere reported his epic tweet and the whole debacle left fans in suspense about his financial status. However, that’s not all. The debt stunt also caused divorce rumors to stir. Shortly after the tweets went viral, media outlets began reporting rumors about Kim Kardashian’s plans to divorce the troubled rapper. But if Kanye West’s “debt” was all a stunt, does the same go for the divorce rumors?

Apparently, there’s another reason for the alleged divorce. Insiders claim Kanye West’s “debt” has nothing to do with Kim’s reason for wanting a divorce. The problem reportedly has to do with his outbursts, anger problems, and meltdowns. An insider recently shared details about Kim and Kanye’s marital problems with In Touch Weekly.

“[Kim’s] embarrassed to no end over his gargantuan ego and ridiculous tweets,” the source says. “By the end of Fashion Week, she just wanted to crawl into a hole and hide.”

Kris Jenner even admitted that she wishes there was a “no-tweeting law” during emotionally driven times when meltdowns and rants can occur. However, this wasn’t Kanye West’s first rant, and it probably won’t be his last.

[Photo by Michael Loccisano – Getty Images for EDITION]