New Owner Plans Restoration of Kanye West's Malibu Mansion

Kanye West's recent ownership of a Malibu mansion, designed by Tadao Ando, has ended in controversy after he gutted the property, leading to significant financial loss. The rapper purchased the home for $57 million in 2021 but was forced to sell it for only $21 million, suffering a $36 million loss. The new owner, Bo Belmont, CEO of Belwood Investments, has criticized West's alterations as 'dumb' and plans to invest $6-8 million to restore the mansion to its original state. West's radical changes included removing windows, doors, and essential utilities, and his bizarre ideas for the space involved slides and trampolines. Belmont aims to erase West's influence and protect the architectural integrity of the property, stating, 'My goal is to make it as though Kanye was never there.' Despite the turmoil, Belmont expressed excitement about revitalizing the architectural gem.