Why did Kanye West grant Bianca Censori 'special power of attorney'? Rapper's wife given legal right to manage 'some' of his financial affairs
LOS ANGELES, CALIFORNIA: Bianca Censori, Kanye West's wife, was granted a special power of attorney before she took charge of his comeback, as per reports.
Bianca played a significant role after being secretly granted power of attorney over one of his most controversial properties back in March. The Sun reports that Bianca might be put in charge of more responsbilities in the future.
The 46-year-old rapper reportedly married Australian architect Bianca Censori in Beverly Hills in January 2023, less than two months after finalizing his divorce from Kim Kardashian.
Why did Kanye West grant Bianca Censori 'power of attorney'?
According to a source who spoke to The Sun, Bianca has taken control of his business affairs since he was "cancelled" in November due to his antisemitic remarks. In particular, she was put in charge of selling Ye's Hidden Hills home next to his ex-wife Kim Kardashian.
Kanye West was dropped by numerous high-profile brands, including Balenciaga, GAP, and Adidas, due to his tweets about the Jewish community, and he claimed to have lost "$2 billion in a day."
His career in ruins, he has been battling lawsuits from former collaborators while also trying to maintain his Yeezy clothing and shoe line.
Why was Kanye West 'canceled'?
Numerous companies have severed ties with Kanye West in recent weeks due to his remarks and erratic behaviour. Rapper Kanye West, who prefers to be called Ye, is experiencing backlash after making recent antisemitic remarks.
Adidas, a footwear and apparel brand, is the most recent company to sever ties with Ye.
What powers did Bianca Censori get?
Bianca has been given a significant role in their relationship, according to new documents obtained by The Sun. In March, she was secretly given special power of attorney over one of his properties.
Special powers of attorney restrict the scope of decision-making to explicitly stated circumstances, in contrast to general powers of attorney, which grant broad decision-making authority.
What does special power of attorney mean?
A special, specific, or limited power of attorney is a legal document signed by the principal that enables the agent to carry out certain specific actions on the principal's behalf.
For instance, an agent may be granted permission to handle certain company-related duties, terminate or manage business accounts, etc.
According to a filing with the Los Angeles County Registrar-Recorder, she was made responsible for selling Ye's Hidden Hills home next to his ex-wife Kim Kardashian, which was sold back in June.
Under the LLC Spruce Blue Trust, Kanye had paid $4.5 million for the one-story house directly across from Kim and their kids in 2021, which was $421,000 more than the asking price.
According to a source who spoke to PEOPLE, Kanye purchased the home in an effort to remain close to his four children following his split from Kim, who continues to reside in their former $60 million family home.
According to documents, he had intended to demolish the house and build a new one, but Bianca ultimately transferred the deed to SE Investments Venture HH LLC, a Calabasas-based company.
Kanye reportedly never stayed at the property, which required renovation, and lost money when it was sold for $4.25 million.
The filing also supports The Sun's report that the couple has been residing in a luxury apartment in West Hollywood, a short distance from his new Yeezy H.Q. on Melrose, according to that report.
The carefully planned residence of the hitmaker features a private cinema, heated pool, rooftop cafe, bar, and lounge area in addition to a 24-hour concierge and valet service.
In the midst of his professional struggles, Kanye appears to have neglected a number of other properties, including a $57 million Malibu beach house that he gutted and left vacant.
Are Kanye West and Bianca Censori married?
In a discreet ceremony in January, Kanye wed Bianca, the architect behind the Yeezy line. This was just two months after his divorce from Kim Kardashian was finalized.
They exchanged vows at the $5,000 per night Amangiri Resort in Utah, despite initial rumors that the ceremony would take place in Los Angeles.
Without an official marriage license, however, their marriage has no legal validity.