He followed with a second tweet claiming that he is "the 2nd richest black man in America", and then a third saying he is waiting to meet with Jay-Z.
"I'm not gonna watch my people be enslaved". I'm putting my life on the line for my people.
"The music industry and the National Basketball Association are modern day slave ships".
West also tweeted that he wouldn't release any more music "till I'm done with my contract with Sony and Universal. On God ... in Jesus name ... come and get me".
A lot of West's tweets have since been deleted, but before that he wrote that "I'm sure Steve Stoute was hurt that he didn't do the McDonald's deal".
The 43-year-old, who has bipolar disorder, was scheduled to launch album Donda: With Child - named after his mother - in July, but the recording never materialised.
West is no stranger to conflicts with his record label, with the artist reaching an undisclosed settlement with EMI Publishing in September 2019 over ownership of the songs he made after October 2010.
One read: "Let's stop killing each other. let's show God that we are Gods people.my ego gets the best of me too". God doesn't measure us by money in his kingdom. let's love each other. "I love my brothers and I miss my friends. real talk".
The freakish rants come after Kanye went similarly out of control on Twitter in July, accusing wife Kim Kardashian and mother-in-law Kris Jenner of trying to "lock him up".
The tweets were quickly deleted.
West launched a highly publicised bid for the White House in July, but the campaign has been hampered by a series of failures to make the ballot before deadline in key states.