Social media could be a double edged sword for a celebrity such as Kanye West. He is known to have bursts of ranting that gets himself into problems at times, but other times social media helps him to curb false information concerning himself.  On Monday, Billboard published a report claiming that Ye was seeking 35x his gross profit from investors interested in buying his catalog. Shortly after, new reports emerged claiming that he wanted $175M for his publishing.yeezy

The claim is false according to the billionaire mogul as he refuted the report by heading online shortly after the alleged price point of his catalog emerged. Ye hit Instagram where he denied that he was selling his catalog and even compared his situation to Taylor Swift, who lost her masters after Scooter Braun bought ownership of the recordings.