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Kanye West Check Out My Money Pit!! ... $57M Malibu Pad Far from Done

Kanye West may have been hit by the supply chain crisis, because his floor-to-ceiling renovation of his Malibu home is far from completion.

Ye paid just a skosh over $57 million for the Malibu beachfront home. He's using a famous architect ... Tadao Ando, but even he can't seem to accelerate the process. Then again, Kanye is famous for coming up with a plan and then changing it until it's exactly to his liking.

The home is 4,000 square feet ... which is huge by Malibu standards for beachfront property ... thus the hefty price tag. BTW, when Kanye bought it it was listed for $75 million.

It's pretty austere ... which is Kanye's thing. The house he designed for his family -- which Kim Kardashian now owns -- is also minimalist.

Speaking of Kim, the Malibu house is around a half-hour drive to hers ... assuming traffic isn't snarled, and in Malibu that's often a bad assumption.

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