Kanye West won’t move ahead with his European tour dates because of his ongoing health concerns.
The chart-topping rapper received treatment for exhaustion and sleep deprivation in November and although he has since been released, Kanye is not considered to be ready to return to the stage for the scheduled appearances on his Saint Pablo Tour.
A source shared: "Fitness – physical and mental – are essential to him being able to be restored fully and cleared to work. He has health issues that need to be resolved prior to returning to work."
There are fears that Kanye’s cancellation of his European tour could put a serious strain on his finances, but a source close to the 39-year-old star has insisted he will be fine, despite the lost income.
The source explained to PEOPLE: "He reinvests a lot of his earnings into his companies. A lot of what he does he finances himself.
"Money that comes in from touring, he uses to finance his fashion stuff. When he talked about being $50 million in debt, that was prior to the massive Adidas deal that he did and this wildly successful tour, and all the merch he was selling night after night. He’s had an incredible, massive year, financially."
The insider explained, too, that Kanye’s wife Kim Kardashian West has also helped the rap star with his financial dealings.
The 36-year-old reality TV beauty – who has a three-year-old daughter called North and a 12-month-old son called Saint with Kanye – advises her husband on how he should invest his money.
The insider said: "Kim’s always advised him on his businesses. He’s always talked about her business acumen – how she’s a great businesswoman and he’s learned so much from her."