Kanye West 

Kanye West Has Finally offloaded the Malibu mansion he’d gutted, reportedly in order to create a bomb shelter – and he’s taking a major financial loss in the process.

Ye bought the home for $57.3 million just three years ago in 2021, sunk money into it to gut it, abandoned the project, and then listed it for $53 million late last year. He later slashed the price because no one was biting.

TMZ reported last Monday (August 26) that a California-based “real estate crowdfunding firm” named Belwood Investments purchased the property earlier this month for $21 million, which makes for a nearly $40 million loss. The deal is set to close on September 3.