Kanye's Malibu Mansion: Timeshare Drama, Financial Pressure
Update: 2025-12-03
Description
Steven Bo Belmont, owner of Kanye Wests former Malibu mansion, faces financial pressure and a notice of default on his mortgage. Despite initial attempts to sell the property for a higher price, Belmont has launched a luxury real estate timeshare concept, Populis, offering memberships ranging from $1,000 to $300,000. However, he must pay over $814,000 in ninety days to avoid foreclosure, adding to the propertys troubled history.
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