Kanye West’s renovations on massive $57M Malibu home ‘put on hold’ after he loses millions from dropped business deals

KANYE West has hit pause on renovations on his $57million mansion in Malibu after the star lost millions when brands cut ties with him over his shocking anti-Semitic remarks.

The rapper and entrepreneur, now known as Ye, claimed he lost $2billion in a day earlier this month, after being dropped by Adidas. GAP and Balenciaga.

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He has since had to scramble to sort out his crumbling business empire and has been holed up at the Waldorf Astoria in Beverly Hills, as he has no permanent home.

Kanye bought his four bed, four and a half bath property last year in an off-market deal, and has since gutted the place, removing the doors and windows.

A source close to the star told The U.S. Sun: “Ye has mostly been living at the Waldorf for the past month with Juliana [Nalu, his new model girlfriend].

“He’s having to sort his finances out so renovation work at his Malibu place is on hold at the moment.” 

“His house near Kim’s isn’t up to his standards yet and also needs renovating, and he wanted a change of scenery after months at Soho Warehouse Downtown,” the insider added.

The U.S. Sun can confirm Kanye was first pictured checking into the five-star hotel on October 6.

A photograph of Kanye’s empty Malibu residence earlier this month also shows a “Happy Hanukkah” message displayed in the window in the wake of his anti-Semitic rant. 

Kanye’s villa was designed by architect Tadao Ando and is meant to be “part-house, part sculpture”, with only a few Ando designs being seen throughout America. 

The creative hitmaker was said to be taking advice from American businessman James F Goldstein, who is known to have one of the most unique pad’s in the country. 

The 36,665 square foot property has direct access to Malibu beach and stunning views of the Pacific Ocean.

The 45-year-old also owns a home across the road from his estranged wife, Kim Kardashian, and their four children but had previously been living at Soho Warehouse in Downtown LA.

Kanye has a $2.2million small ranch property in Calabasas, as well, which has predominately been used for hangouts with friends and meetings about Sunday Service and Donda Academy.

The source shared with the U.S. Sun: “Ye is doing well despite everything going on. He’s spending quality time with Juliana, it’s not serious but they are having a lot of fun. 

NEW GIRLFRIEND

“He’s coping with the scandal through spiritual guidance and staying busy with creative projects, including new Yeezy designs and directing Juliana’s modeling shoots. 

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“His team has changed a lot in recent weeks, some security and assistants no longer work for him, and he has no PR, but he’s trying to figure things out.”

The insider added: “He still has a lot of support from friends and family and is just staying low-key for now hanging with the likes of Justin Laboy.”

Adidas currently owns the Yeezy name but has stopped selling the products, according to reports.

The U.S. Sun has reached out to Kanye’s lawyer for comment but did not hear back.

Although Brazilian beauty Juliana, 24, has her own spot in Los Angeles, she has also been staying with him and shared a photo in the hotel’s elevator last week.

The pair have been linked since mid October after he previously dated actress Julia Fox.

TWITTER CONTROVERSY

Kanye was last spotted partying at social media star Justin Laboy’s birthday party in Beverly Hills on November 13 at Tatel restaurant and nightclub.

The music star sparked global outrage this month after making a string of antisemitic slurs- which his ex Kim and her family slammed on social media.

He also incensed the public by making antisemitic comments and wearing a “White Lives Matter” T-shirt to a fashion show.

On October 7, Kanye wrote on Instagram: “Ima use you as an example to show the Jewish people that told you to call me that no one can threaten or influence me.” 

Several days later, he tweeted: “I’m a bit sleepy tonight but when I wake up I’m going death con [sic] 3 On JEWISH PEOPLE.” 

Defcon is a military term used as an alert system by the US armed forces.

Under the Defcon 3 warning, the military must be prepared to launch operations within 15 minutes of the warning.

Twitter removed Kanye’s antisemitic tweet and also confirmed his account has been locked “due to a violation of Twitter’s policies.”

He later apologized for the harm his words caused during a chat with Piers Morgan, but has continued to rant about the Jewish community and Hollywood.

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