Kanye West Offloads Malibu Mansion Amid Bomb Shelter Dreams

KANYE WEST
LOS ANGELES, CA – OCTOBER 21: Kanye West is seen on October 21, 2022 in Los Angeles, California. (Photo by Rachpoot/Bauer-Griffin/GC Images)

Kanye West has successfully sold his Malibu mansion, easing one of his many property concerns. The mansion, which he once stripped down to its basics in an attempt to transform it into a bomb shelter, was sold for $21 million, nearly three years after he bought it for $57 million. Initially listed at $53 million, the price was reduced by $14 million before the deal was finalized with Belwood Investments, a California-based real estate crowdfunding firm.

Belwood’s CEO, Bo Belmont, announced plans to invest $5 million in renovations to bring the vision of renowned designer Tadao Ando to life. While fans may be interested in the property sale, many are more eager to hear about Kanye’s musical return following the disappointing reception of his collaboration album, VULTURES 2, with Ty Dolla $ign. Recent social media activity from Travis Scott and Ty has sparked rumors of a new album, heightening anticipation among fans for new material from Kanye.

Adding to the buzz, leaked text messages surfaced online, allegedly between Kanye and producer Digital Nas, showing them exchanging music. In these messages, Kanye expressed that he feels more focused and “locked in” with his artistry, despite his recent bomb shelter renovation project. He reportedly stated, “I’m going into my full Ye art studio mode,” indicating a commitment to his creative process.

As fans wait for new music, they got a sneak peek of a potential lead single titled “Preacher Man.” An official Instagram snippet was released after the song was debuted at Kanye’s listening party in China with Ty Dolla $ign. With the excitement building, fans are eager for Kanye’s next musical chapter.


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