Kanye West doesn’t want to "get into personal debt again".
The 39-year-old rapper claimed he had debts totalling $53 million earlier this year, and is now determined to avoid getting into the same situation where he owes money for his creative work.
Speaking to Annie Mac on BBC Radio 1, he explained: "Content, I want to make content and I don’t want to have to get scripts approved to do it and I don’t want to have to go into personal debt again to do it."
The ‘Famous’ hitmaker also compared his art to that of legendary painter Michelangelo.
Talking about being a creator, he said: "Yeah, that’s that like telling Michelangelo, ‘I know you did this dope angel and that was really beautiful, but likewise you know I don’t think you can paint a cow.’ "
Despite being in debt, Kanye – who has three-year-old daughter North and seven-month-old son Saint with his wife Kim Kardashian West – has poured money into various projects and he’s keen to create new furniture for IKEA and affordable shoes for Adidas.
Of his plans with the famous footwear brand, he said: "I’m going to Adidas and I’m like Adidas, I know you’ve never made a shoe under $50 but we have to make a shoe that costs $30 and I’m gonna be the coolest shoe of all. To me, this thing I’m saying is the thing I’m most excited about of anything I’ve ever done. To be able to take all of what I’ve learnt from the best designers and making collections with fashion people ripping me up alive and dissing me saying don’t quit your day job and all that, to be able to get to the point of being able to make something that everyone can touch and have that visibility."
In March this year, the hip-hop superstar, announced he was creating a "million" new pairs of trainers and has hinted they’ll be on sale at a cheaper retail price.
Hear the interview tonight (01.08.16) on Annie Mac’s 7-9pm Radio 1 show.
Kanye West’s debt concerns
