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The Bob Cesca Podcast: The Proctology of the Free Market

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Joe Bacon ✅12/01/2023 9:59:24 am PST

Uh oh!

Why Cornel West Is Broke

Newly uncovered divorce filings reveal allegations of a “secret life” and help explain why the presidential candidate, who has earned millions of dollars over the years, has hardly anything left, Forbes reports.

A review of federal filings and property records confirms that West’s net worth is near zero. Other outlets have previously reported on his troubles paying taxes over the years. But no one so far has explained how someone so successful became so broke. With West in position to affect who becomes America’s next president, Forbes set out to answer that question, digging into heaps of legal and tax documents filed in various jurisdictions over six decades. Turns out much of the damage was self-inflicted.

West blew it—on many things, especially women—leaving little left for Uncle Sam by the time tax season arrived. The liens piled up: $144,000 in 1998, $105,000 in 2000, $205,000 in 2001 and so on. “Almost like a reptile biting its tail,” he says now.

West lived in a Four Seasons condo in Boston, which he later admitted he could not afford, and rode around in a Mercedes or Cadillac. One of his four ex-wives accused West of maintaining a covert apartment in Boston for $5,000 a month to use as a love den. She also alleged that, despite not having any health conditions, he later took a medical leave from his job at Harvard to live a “secret life” with another woman in New Mexico.

In court documents filed in 2002 and 2003, West did not deny burning money on affairs, at least one of which produced a child. (He acknowledged he had an 18-month-old daughter at the time.) And in his 2009 memoir, Brother West: Living and Loving Out Loud, West confirms some of the less-salacious details. But when asked in November to respond to claims he’d “hid or wasted” close to a million dollars, at least some of which went to support extramarital affairs, West offered via email that “The allegations were too ridiculous to attend to-then and now, my brother!” He did not respond to a follow-up inquiry that detailed his ex-wife’s specific allegations.

And it gets juicier…such a naughty scamp…

forbes.com