Kanye West is reportedly looking for a sponsor to back his Yeezy clothing line to the tune of $100 million.
According to reports by Pagesix, Kanye who has solely been footing the bills for Yeezy, has reached out to the top investors and firms in the fashion and luxury goods sector, including LVMH chairman and CEO Bernard Arnault, Richemont and Chris Burch, who helped launch Tory Burch’s fashion line and later started C. Wonder.
According to an insider: “Kanye is spending a lot of money. He thinks on a big scale and is currently paying for everything himself. He needs a backer to help him achieve the kind of fashion-world domination he is aiming for.”
The 38-year-old father-of-two will be debuting his Yeezy Season 3 collection and his new album “T.L.O.P” today, Feb. 11, 2016 at the Madison Square Garden.