Kanye West Sells Malibu Home for $36 Million Loss

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Kanye West Sells Malibu Home for $36 Million Loss

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Kanye West. (Photo by Brad Barket/Getty Images for Fast Company)Kanye West has taken a $36 million loss on his Malibu home, selling it for $21 million just three years after buying it. The rapper, 47, originally purchased the oceanfront property for $57.3 million in 2021 before gutting it with plans to completely overhaul the home. California-based real estate crowdfunding firm, Belwood Investments, snapped up the home for the slashed price, The Real Deal first reported on Thursday, August 22.
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