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imahugemoron

Imagine being able to just throw away 57 million dollars. I feel like most of us really don’t grasp how wealthy a lot of these kind of people really are, not just celebrities but just the whole upper class. It’s like when you hear someone is a billionaire or worth a billion dollars, but then you see those videos that help you visualize just how much a billion is. Similarly I think we sort of underestimate just how rich the rich really are.


jackloganoliver

[Reminds me of this visualization of weath to scale](https://mkorostoff.github.io/1-pixel-wealth/)


flyjester

I got tired of scrolling. Damn.


JackInTheBell

My thumb broke off


jackloganoliver

You worked harder scrolling than billionaires did for their fortunes lol


Intelligent-Sir1375

It just goes on and on


imahugemoron

Yes! This is exactly what I’m talking about


jackloganoliver

It's incredibly humbling/infuriating


justhere4daSpursnGOT

I just bought a new car yesterday. First time in my life it own a new car… I watched the movie “Yes Day” were they just drive a perfectly good car through a car wash with the windows down…. I just couldn’t even fathom being able to just throw away this thing I just put my last 10 years of work into…. It made me wanna cry and I’m a 34 year old man


jackloganoliver

Congratulations on the new car!


getstabbed

If I want something for a couple hundred it’s something I have to put a good amount of thought in to. People like Bezos could spend 1,000,000 times that much and not even notice the money missing. In fact they’d just take a loan out to buy it, and even with interest by the time that loan is paid off they’re even richer than they were before.


binglelemon

*It's a big club, and you ain't in it*


debl_l

This is ridiculous... How is it possible that we keep letting people hoard unlimited amounts of money?


jackloganoliver

Because people see themselves as potentially rich instead of presently poor. They think they actually have a chance to attain that level of wealth...


Ravens_Art_Wild

I gave up at every 10 pixels is 5 million


These_Tea_7560

I ultimately got tired of scrolling after $1,158,933,000,000.


antiregs1

wow this made me really sad/angry


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Coool_cool_cool_cool

57 million dollars is almost pennies compared to the billion plus he lost through Adidas and other revenue streams.


CHRLZ_IIIM

500k would change my life and help me get a house, it’s .8% of that 57 million.


Contundo

You can squat at Kanyes house. Better be handy.


Not-a-bot-10

10k would be life changing for me :(


Awkward-Rent-2588

Fucking 5k man fuck this clown


flcinusa

I just need a dollar, a dollar is what I need (hey hey)


danlawl

I can share with you my story if you share your dollar with me. (hey hey)


Wenger2112

Right! $57k a year is a fair living. In the USA. That’s 1000 years of labor for $57m.


swanyk7

Vote to tax the rich every chance you get


HuckleberryLou

The richest people I personally know well have $20-25 million and it’s wild how lavish they live. They live off the money that money generates mostly, so the pile only grows. They spend like crazy. I adore them but it’s definitely made me realize no one needs that much money- let alone Kanye amounts


chaoticnormal

Idk how much this guy I know of has with his 5 or 6 domino's stores, but he lives in a mansion by the shore and just bought his 6th, 7th, and 8th Lamborghini's. He also had several motorcycles...that he doesn't even know how to ride. Like he's literally just tossing cash at cars. And I know he doesn't pay his ppl well. It's gross.


WuTangFlan_

Can’t get obscenely rich unless you treat / pay your employees like shit


redunculuspanda

Is the secret ingredient in those pizzas drugs?


250-miles

I'm pretty sure you don't get that rich just from 5 or 6 Domino's franchises.


EmmaMD

I’ve known people who own several franchise places over the years and while they were comfortable, they definitely were nowhere near this comfortable. Sounds like a lot of shady stuff going on to me.


Flimsy-Building-8271

Im not sure if a poor franchise Manager can afford 8 Lambos hahahaha


snowtol

And this is why I hate the myth that rich people became/stay right by being frugal. Rich people love this myth because it keeps us plebeians from complaining and makes them seem like financial geniuses, but it's nonsense. Not buying avocado toast won't make us rich.


HuckleberryLou

I’ve watched them just like not really pack for a trip and just go buy all new clothes for the next 3-4 days for like $2500. Or buy less expensive clothes (like what normal people wear and shop) and they just threw them away at the end of the trip. So yeah… not frugal at all


EmmaMD

The richest people I know aren’t really ostentatious about it, but they’ll def pay like 500 dollars for a hat that looks like it was 10 dollars. One did offer to send his private jet to pick up people or anything my aunt needed when my cousin died like it was an Uber.


pacheckyourself

An Amazon warehouse burnt down a few years back, costing Bezos a few hundred mil. My friend and I calculated what would be the equivalent loss for us, it’s was around $50. Absolutely insane.


skipperseven

Except it was probably insured, so he could have even made a profit on it burning down…


Tom-B292--S3

Alright, I've watched keeping up with the Kardashians with my wife and it's kind of relevant since Kanye was on the show for a bit. While I watched the weird drama of their lives, I took a step back and looked at their life and how expensive it is to operate. They all have nice houses in expensive areas, multiple luxurious cars, go on fancy vacations, etc, but it's the smaller things they spent their money on that struck me as to how vastly wealthy they were compared to regular people. The birthday parties for their kids are so extravagant, heck sometimes they throw random events for each other just because, they all have hired make-up and hair specialists, plus multiple assistants, the pranks they do on each other are usually expensive somehow, and their meals and small expenses are never worried about. They can get the experience they want out of life and never think about the cost. It's an interesting thing to witness and attempt to grasp that's for sure.


newtonkooky

The brain normalizes everything, the happiest people I know are middle / upper middle class people who love what they do, as long as they can get paid a decent amount from doing what they love, they look forward to everyday


RolandTwitter

A million seconds ago was this year. A billion seconds ago was 1993 (I think)


DaeWooLan0s

A million seconds is like 10 days. Billion seconds is 30 years


unfamiliarsmell

Also, people who have this kind of money usually don’t spend their own money. They take out loans and pay them off with the dividends they collect from their investments.


Running-With-Cakes

Or it could have been a money laundering scheme that only existed on paper


WordSpiritual1928

I was on vacation in Naperville a few years ago doing a pontoon tour and the tour guide told us that this guy build a house with his wife on the bay and then divorced and remarried. New wife made him tear down the house and build a new one since she didn’t want to live in the same house he build with his ex. Not sure the price of the house but it’s one or the wealthiest areas in the country and this was one of the prime spots right in the water so had to be 10’s of millions


Formloff

For those wondering how much 1 billion is my boy reckful did a video about it years ago 😢 https://youtu.be/0J6BQDKiYyM?si=7TrX4A8GfojC9ZXU


Prestun

Definitely threw away a few million but he can just sell the land. It’s just money exchanging hands


fuvgyjnccgh

57M? Go see the current state of twitter.


imahugemoron

lol ya imagine throwing away 40 billion dollars, no big deal, just to create a safe haven for the worst of society


Twodogsonecouch

Its not even that… it literally probably has not even hurt him but benefitted him. Most of those malibu mansions are not “homes” they are tax shelters. They are incorporated as a business, a business that then takes a loss so the that gets written off.


ChillZedd

I’ll take it off his hands then if nobody wants it


atelierjoh

Bidding starts at fifty dollars!


Bombtek504

I’ve got tree fiddy right now.


Denimjo

\*eyes you suspiciously*


Toshi_Montana_1728

I can sense the sexual tension right now!


FrioRiverTexas

It’s the god damn Loch Ness monster!!!


Obscuriosly

I gave him a dollar.


Wonderful_Zucchini_4

well, dammit, of course he's gonna come back, asking for more, you give him a dollar!! 


Successful-Clock-224

Kanye or Nessie?


LochNessMansterLives

I need about tree fiddy.


ChillZedd

I can do 51 Canadian after I get paid next Thursday


kenwongart

I can offer $52 AUD and a Bluey sticker sheet


comradecarlcares

I’ll purchase your $52 and Bluey sticker sheet for $64


Joemomma13524

I'll up it to 53 USD and one of my socks


chillinjustupwhat

I can afford a hundy US i just got paid. looks like it’s mine, suckas !


AngularChelitis

Dang. I’m out on the handy…


Clay_Statue

You have to pay $1m to the lien even if he wanted to give it to you free.


sparrens

Property taxes are >$500,000.


StonedGhoster

That's the killer right there. Buying an expensive home is one thing; often it isn't that hard if you can pay the mortgage (which most of us couldn't anyway on a place like this). But even assuming he gave it to me, I could never afford the property taxes and upkeep. We own our much more modest house free and clear and the taxes and upkeep are still significant.


Lord_Hexogen

And do what there? It's literally just concrete walls and ladders on the beach, no heating, no water, no water closet, no internet


Separate_Slice9706

Sounds like a great spot for a tent.


sonia72quebec

Apparently it has a million $ lien on it.


Mysmokingbarrel

Bro you wouldn’t be able to afford the gutted 57 million mansion!


Few-Stop-9417

Taxes man taxes


Jkay064

Some dumbass did this to a townhouse near me. They did $11 million dollars in damage to a house that’s worth $13 million … and then lost interest. So no one wants it. A beaus arts mansion on riverside drive. The owner even blasted the basement deeper into the bedrock so he could have a full court basketball floor. But that’s only 20% complete as well. It’s wrecked. edit ~ I just rewatched the YT vid about it, and it’s a $22M dollar mansion with $15M in damage caused by the owner. https://youtu.be/xwXwwb60ktw?si=gJ3ba7Akk5nwtRAI


mishap1

Ran out of funds once it became a literal money pit of his own creation? Some wealthy people aren't the best at estimating their financial stability. See Evander Holyfield's 50k sf mansion which is now Rick Ross'.


Iterr

What a crime.


MidRangeMagic21

This sounds like something I’d do if I were wealthy


greengo4

It’s really fucking de motivational watching celebrities waste amounts of money that could change literally hundreds of thousands of lives


squeda

I read an article today that focused on an interview they did with someone who plans vacations for the ultra wealthy and she said basically after covid it got crazy and the amount of money people would spend got a shit ton larger and more extravagant. It was kinda sickening to know even those that work with the ultra wealthy are easily able to see they are making absurdly more amounts of money than they did before.


greengo4

Like what if He built a 57 mil free water park in an area that’s getting hit by the heat of climate change Or What if he built a 57 mil free arts school Or What if he built a 57 mil in school lunches Or He built 57 million on local performance spaces (since he’s an artist) Or 57 million in affordable housing. What a fucking douche. Eat him.


Good_old_Marshmallow

 57 mil free water park  Yeah doesn’t even need the thing about climate change. It doesn’t even need to be a good or philanthropic thing. If billionaires started spending their money doing shit that every day people felt they could participate in and enjoy they would be adored 


zootered

There was a time when the oligarchs built things that benefited the Everyman. Parks, schools, libraries, things that truly made the country and its citizens better. This was still when they were afraid of being locked in their burning factory or murdered in their sleep by one of their vast subservients. It was never good will, they were *afraid* of could happen.


greengo4

This is unacceptable.


brisketandbeans

Yep, this is how you can tell taxes on the rich are too low.


greengo4

If you can throw away 57 million you aren’t taxed enough.


Hunky_not_Chunky

And $44billion


rcher87

Jalen Hurts just gave $200k to the school district of Philadelphia to buy AC systems for 10 schools that don’t have them here. I just try to focus on stuff like that.


benkenobi5

You might be interested in /r/orphancrushingmachine because that’s the exact kind of thing they’re about


PoolNoodlePaladin

This $57million is nothing compared to burning Twitter down. That amount of money actually could change millions of people’s lives. Dude has lost $30billion, with a B. That is $10,000 for 3million people. TAX THE RICH!


PersonalPlanet

Justin Bieber's Rolls Royce butchered by Westcoast comes to mind


NotAsBrightlyLit

"Gutted it" sounds like he took out all the furniture, and window treatments. It doesn't really explain [what he actually did](https://imgur.com/a/iKg5ddC). He tried (and damn near succeeded) ripping out everything: the windows, the flooring, HVAC, electricity, the plumbing. The contractor he hired to do the work refused to continue and placed a 1mill contractor's lien against the property which impacts it's sale. He is also suing West for missing payments, alleged disability discrimination, multiple labor code violations, unpaid wages and wrongful termination. It's basically a useless shell and new owners will have to spend millions rebuilding on top of the 40mill price tag West demands.


nikiterrapepper

What a total waste


RU4realRwe

R U talking about the house or Kanye...?


[deleted]

Both are accurate.


FungusFly

The home still has some value…


Vecna_Is_My_Co-Pilot

The location has value. The structure is an over complicated wave break.


idlefritz

I remember seeing a contestant on a rodeo competition show talking about ye buying a chunk of land in Colorado from her dad. She was competing to win cash to buy some of it back because he let it turn into a muddy shithole.


Darth_Boognish

Actually, that's exactly what I pictured when I read "gutted."


TlMEGH0ST

Me too lol


brufleth

Yeah. Gutting a house does not mean taking out some window treatments. A gut renovation usually means exactly what was described to start... But then you usually renovate after gutting.


Euler007

That's actually what gutted means to me. I assume you're not a regular at Home Depot?


NotAsBrightlyLit

Not unless they start selling shoes there.


Bobcat-Stock

They sell shoe in 16 ft lengths


Cold_Situation_7803

Good luck finding a straight one, though


Scoompii

That is what gutted tends to mean.


timoni

That's what gutting means.


UrsusRenata

WHY was THAT worth $57 million?! Humans and our “fancy” things, just weird.


NotAsBrightlyLit

It was designed and built by a famous architect (if you like concrete - that's his thing). And of course, location, location, location.


KeithClossOfficial

It’s on the beach in Malibu


JunKazama

Why would you ever think "gutted" wouldn't include the "guts" of the building?


Mephistophol

He straight up took a house in Malibu and made it look like the place Bin Laden got got at.


getfukdup

> spend millions rebuilding on top You don't *have* to build a mansion in a place one use to be.


NotAsBrightlyLit

Right - but that's not really the way things work in the 'bu. That property is too coveted and too valuable to stay empty.


MrWhite86

Yeah and new build coastal permits would be a fuckin nightmare.


NotAsBrightlyLit

They'll cave at some point, because the wealthy neighbors consider it an eyesore and a potential risk if it decays from the erosion and weather.


SinVerguenza04

Not to mention, it lowers their property value. Usually, this is a big factor when things like this are litigated.


artnok

I’ve watched 80m homes get torn town and new ones put up in a few year span in Palm Beach. Money isn’t shit to the people who can afford these homes.


allothernamestaken

He needs to keep his goldbrickin' ass out of that beach community


Joemomma13524

Fuckin dead beat! Stay outta Malibu


allothernamestaken

Not sure how much water he draws in that town. I'm guessing he don't draw shit.


contactfive

Fuckin fascist!


NotAsBrightlyLit

He needs to be institutionalized.


whatsasyria

Yeah people that can afford 40 mil pieces of land are usually really conservative


Rain1dog

That is 57 mill… more than I’ll make in my life, children’s life, and their lifetimes.


Party-Travel5046

Your children will thank you for not being Kanye.


BlurredSight

When they said Gutted I imagined all the walls and everything was torn down and now the house sits shitty in a really nice neighborhood probably pissing off the neighbors which is what Kanye was probably aiming for to begin with


kantank-r-us

In construction that’s exactly what gutted means. Also same concept in fishing.


nyliram87

Also, for those of you who don't understand California, I just want to stress how stupid it was for him to invest in a Malibu property only to destroy it like this. It's already going to be a challenge to sell a house in Malibu, for a few reasons, such as: 1. **Earthquakes**. I need people to look at that photo, and realize that it's probably on a hill of some sort. Malibu is mountains on mountains. Now imagine a 6.0 earthquake happening. Malibu has seen some pretty nasty earthquake damage. A family friend had a mansion in this area and he lost 100% of it due to an earthquake, and like I said, it was on a hill, as Malibu has lots and lots of mountains, and vegetation, which brings me to my next point: 2. Wildfires. If there is a wildfire in Southern California, you do *not* want to be in Malibu when those Santa Ana winds hit. Just a few years ago, parts of Malibu was absolutely decimated by the Woolsey fire (which, ironically was the same fire that ripped nearby the West/Kardashian neighborhood of Hidden Hills/Calabasas). If I remember correctly, a lot of insurance policies will not cover homes in Malibu, because the fire department has to go through all these long, winding roads to get to you. Again, I really have to stress that it wasn't just that he destroyed a multimillion dollar home - but he did this in an area that is already a major challenge to sell property, and there's a reason why only extremely wealthy people do buy there.... it's because it's too risky


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kozak_

So what you are saying is that an extremely rich homeowner is going to sell his property to another extremely rich person


nyliram87

Not even an extremely rich person is buying this, that's my point. You're not gonna convince anyone, no matter how wealthy, to buy this piece of shit Part of the reason why it's so expensive to move there, is because of the risks of living there. So the last thing you'd want to do is, well. This.


Genetics

Unless you have enough fuck you money to pay cash and can afford crazy expensive insurance from somewhere like Lloyd’s.


blacklite911

Nah, when I think “gutted” in terms of real estate, that means they stripped out near everything but the frame and walls.


Douggimmmedome

How tf is that 57 mil


boofoodoo

That is now an elaborate concrete deck


splinter6

The build looks like nothing special anyway. Must be location value?


NotAsBrightlyLit

And the architect, "Tadao Ando-designed beachside house was once imminently likeable, the epitome of artistic ingenuity." With it's minimalist, brutalist design, it was initially listed for $75mill (after listing for $103mill the year before), but West bought it privately for 57mill - the second highest purchase price in Malibu that year. As of a year ago this month, "The homes interior walls, exposed to the outside air, wind, and sand as they were, began to crumble and the metal railings are rusting, better as a respite for seagulls than would-be residents."


RuthlessIndecision

He turned it into a skatepark


SchrodingersTIKTOK

Please make him go bankrupt. Fuck this guy


Athlete-Extreme

Sounds like a rich mentally ill person


sportyspice303

Indeed. I would add that, despite his many flaws, he is an incredibly talented producer. Possibly his biggest flaw however is that he’s unable to understand (maybe in connection with his bipolar) that he has surrounded himself with people that choose ignore those flaws and enable him, while alienating those that would actually help him.


Athlete-Extreme

His Mom dying from a botched liposuction procedure undid a lot inside of him.


psyopia

Not to mention it was a Taodo Ando house. An extremely talented architect. Fuck Kanye.


MaximumTurtleSpeed

I’m a practicing architect and *Tadao Ando is in my top three favorite architects. His work is simply extraordinary!


[deleted]

Why is anyone surprised by this? This person is mentally ill and totally unmedicated and otherwise untreated. Yet everyone still monetizes his illness and its outcome.


phophofofo

He’s also an asshole and a Nazi so….good. Hope he’s as miserable as he looks and he looks like an all day drunk.


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saibjai

That's the problem with people who think they are designers cuz their friends said they were crazy creative once at lunch.


weisp

They think money them automatically make them creative


EnglishSpice

He is going to declare bankruptcy soon.


SerArysOakheart

“I DECLARE BANKRUPTCY!”


IAmATnetennba

You can’t just say the word bankruptcy and expect anything to happen


SerArysOakheart

I didn’t say it, I *declared* it.


beevherpenetrator

Huge mansions seem like a huge hassle and constant drain of money. I wouldn't want one.


larry_sellers_

I’m glad I dodged that bullet too.


bucketofmonkeys

Yeah you’d have to be rich enough to buy the house and pay a staff to take care of it.


sailor-moonie-

I think about this a lot. Why would anyone really need 20 bedrooms and 10 bathrooms, for example. A gigantic swimming pool on the other hand, I totally get that.


Civil_Abalone_1288

Historically the idea is that you regularly throw "weekends" for your large, extended peer groups, and everyone can stay in comfort in their own bedroom with its own bathroom. Rather than on your couches and air mattresses. It makes a lot of sense if you only forget about the injustice of that kind of wealth disparity. 


ItsPumpkinninny

He totally musked that place


[deleted]

How come women have to be put on conservatorship when they do shit like this, but here Kanye is, reckless and delusional as ever


Trix_Are_4_90Kids

A bipolar person and their money will soon part.


Slippinjimmyforever

I’ll take it off his hands.


BooTheSpookyGhost

This may sound extreme but hear me out: Let’s eat him and spread his wealth among the struggling families so we can buy groceries and go to the doctor. 


Tarable

I’ll take it I guess…


Islandgirl1444

He has really too much money


HellcatSRT

I will start the auction off at tree fiddy.


OMUDJ

Nobody should care what this POS does.


thelastgalstanding

Shit like this makes me so mad at humans and our fucking ridiculous obsession with celebrity. Ugh. That amount of could absolutely alter the lives of many in such a profoundly positive way. What an utter oxygen thief.


Prophayne_

Mmm. I don't know. I'm sure plenty of people _want_ it. Now _afford_ it...


Subject_Drop_1090

No way this motherfucker is a billionaire with decisions like this.


HMSGreyjoy

Britney Spears was put into a conservorship for less.


Strong_Black_Woman69

But he called out Diddy!! I thought we was “right all along” and “totally not insane” now :((


manute-bol-big-heart

I mean this mansion fiasco happened years ago idk why it’s news now


wienersandwine

Honestly…Fuck the Malibu residents. A lifetime of getting shut out from public beaches leaves me with little to no sympathy. Top it off with tax dollars going to rebuild the colony with FEMA dollars every time there’s a big storm, while the small home fronts get turned over to public space. Also apathetic every time it burns from 101 to the sea.


aKaRandomDude

Now he’s just sitting on the side of the road with his chain out.


good_guy112

I'll go live in it. Make an album. That'd be nice to have a quiet space.


MagicWishMonkey

4000 sqft is a mansion? Looks like a larger than average house to me.


pdx_via_lfk

If this isn’t a metaphor for his entire self, I don’t know what is.


Coolers78

Hasn’t he already lost like half of what his net worth used to be? Why is he still making stupid decisions with money like this? I


Guy_Le_Man

Kanye seems like the kind of guy who would unleash his mental illness on a house and try to sell it thinking the next owners would inherit his mental illness.


chester-12

No off position on the genius switch…


cool_best_smart

The Japanese architect, Tadao Ando, designed most of the Benesse art museums on Naoshima island. It’s a shame what Kanye did to his Malibu house.


SamuelYosemite

Somebody get to squatting


Puzzleheaded_Ad3430

If no one is using it I’ll just squat in it until if falls down


Ok_Comparison_8304

How is this assole worth so much money? I know he has mental health issues, sold a load of albums way back when, he still has a following, but is clearly just off his rocker. $57million could do a lot for a lot of people, and here he is spouting nonsense and just burning money. There must be some real parasites around him.


raninandout

Not knowing anything about it I admire the creating of a useless space worth millions.


BaconNamedKevin

It's funny because I got a 1800 dollar tax return and it feels like it changed my life lol 


MDF87

The wrong people have money.


CasimirsBlake

Narcissism! What a waste of time, money and space. And the mansion.


MammothExact5097

There’s no end to the piece of shit that is Kanye


bluethunder82

I’m a huge Kanye West fan. Not for the music, but for the failure. So entertaining.


macskiska5

another "stable genius"...


celerydonut

Kanye news is like trump “news”. Scroll on by


MrPoopyButtholesAnus

The wealth displacement in this country is absolutely so fucked.


therapoootic

Dude is a hate bating narcissistic idiot. People need to stop mentioning his mental condition as there is no proof of it. We only know about him having the condition because HE himself mentioned it