Beanie Sigel Reveals That Kanye West Owes Him $50M For Creating “Yeezy” Name

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Beanie Sigel Reveals That Kanye West Owes Him $50M For Creating Yeezy Name

Kanye West reveals Beanie Sigel gave him the name Yeezy.

Kanye West recently made an appearance on REVOLT’s “Drink Champs” for an interview with N.O.R.E. and DJ EFN where he made many revelations that had been trending on social media. On the show, he revealed the origin of his nickname “Yeezy”, which is also a billion-dollar empire now. While many thought that Kanye West probably took inspiration from the likes of Lil Wayne, Chris Brown, but the name was actually given to him by Beanie Sigel.

“I still owe Beanie [Sigel] money and I been trying to give him his money. He’s gonna get the money,” said Kanye West. N.O.R.E. then asked him for what he owe Beanie Sigel Money. ‘Cause he made the name Yeezy,” reveals Ye. “He used to call me Yeezy. People who took a liking to me in volatile situations would always give me a nickname so it seemed like I was cool like them. My boy Mali who used to sell guns, he called me K-Rock when I would be on 79th and stuff like that.”

“[Yeezy] was Beanie’s name for me when I was in Baseline [Studios]. Like on some, ‘Oh, that’s Yeezy,’ make him one of us. He let me wear his State Property chain. He really just embraced me. I still owe Beanie money and I’ve been trying to give him this money for a minute. I’m like, ‘This man made up the name.’ It’s like the lady who made the Nike swoosh, Phil Knight [co-founder and former CEO of Nike] made sure she was straight.”

Now during a recent appearance at a club in Philadelphia, Beanie Sigel reveals the amount of money that Kanye West is trying to give him. “I got a call from the motherf–ker the other day, Kanye West,” Beanie reveals. “He said ‘Sig I owe you $50M and 5% stock in Yeezy. And I don’t know if ni–as know, Yeezy’s did $1.7 billion last year.”

Kanye West’s net worth has risen to $1.8 billion, according to Forbes, thanks to the Yeezy brand and its collaborations with Gap and Adidas. He can’t keep it all to himself and his travel-sized bag dwellings, as he explained to the Drink Champs team. Beanie, who once “embraced” him and let him to wear a State Property necklace, should have a piece of the action.

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