Martin Shkreli wants to be the world's only owner of Kanye West's new album, "The Life of Pablo."
Hedge fund boss Martin Shkreli is still most notorious for jacking up the price of an AIDS drug over 5,000 percent, though he's quickly becoming a household name -- as well as a nuisance -- in the hip-hop world. He bought the one and only copy of a never-before-heard Wu-Tang record for $2 million, and he's now made a much higher offer for Kanye West's new album, The Life of Pablo, which was just heard by millions, as TIDAL live streamed the album's official debut at Madison Square Garden.
Immediately following the album's live premiere, Shkreli tagged Kanye in a Twitter post, and asked 'Ye if he'd be willing to hand over the exclusive rights to The Life of Pablo before the album hits online music stores. For some reason, Shkreli doesn't want the album to be released to the general public.
aiyo @kanyewest last minute can i buy your album out so it dont get released publicly— Martin Shkreli (@MartinShkreli) February 11, 2016
After his initial tweet, Shkreli quickly drafted a written letter to Kanye, which he also shared a picture of on Twitter. The letter begins with Shkreli expressing his appreciation for Kanye's art -- specifically 'Ye's debut album The College Dropout, which apparently inspired Shkreli to "succeed at a young age."
In the second paragraph, Shkreli proceeds to make his offer: $10 million for exclusive ownership of The Life of Pablo. "Instead of releasing this product for your millions of fans," writes Shkreli, "I ask you to sell this record solely to me." He's under the impression that Kanye will find his offer to be preferable to the "current course of action."
Though most fans reading this hope that Shkreli's offer won't impede the release of The Life of Pablo -- which could happen at any minute -- the pharmaceutical tycoon claims that Kanye is "legally required" to read and consider his letter. He suggests that Kanye's "Board of Directors," whomever that may be, will have to review the offer, and thus, Shkreli thinks the release of The Life of Pablo will be delayed for "a few days." Of course, there won't be a release if Kanye actually takes the offer.
Kanye and his label are legally required to take my offer letter to their Board of Directors. This should delay the album by a few days.— Martin Shkreli (@MartinShkreli) February 11, 2016