Kanye West spends money 'like it's water,' living in luxury hotels and rentals, friend tells TMZ

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Kanye West has been like a vagabond recently as he has blown through tons of cash as he jumps from city-to-city while staying in luxury hotels and fancy rental homes.The 45-year-old artist - who boasts an impressive an impressive portfolio - has opted to not stay in any of the homes he has purchased and instead live life as a transient who has splashed a ridiculous amount of cash.Of his spending habits, a source - who claims to be one of Kanye's former friends - told TMZ on Tuesday: 'He blows through his money like it's water.'  BMF: Kanye West (seen in London last month) has been like a vagabond recently as he has blown through tons of cash as he jumps from city-to-city while staying in luxury hotels and fancy rental homesThe insider told the publication that he rarely stays in the same place for more than a few days and that he spends money like it's nothing including footing the bill for his Yeezy fashion show in Paris earlier this month.He definitely has the capital to spend as his net worth is an estimated $4billion according to Celebrity Net Worth.

TMZ also notes that their insider claims that the All Of The Lights hitmaker has made some bold business decisions including firing Shervin Pishevar from Yeezy in addition to other advisors and publicists.

During a recent interview on Drink Champs, Ye said that he had recently purchased a $50million penthouse which is another addition to his already packed real estate portfolio.

Of his spending habits, a source - who claims to be one of Kanye's former friends - told TMZ on Tuesday: 'He blows through his money like it's water,' the 45-year-old artist is seen in LA on FridayKanye already owns many multi-million dollar properties including one notably across the street.

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