West, 38, received the Michael Jackson Video Vanguard Award at the event and closed his acceptance speech by announcing he is running for president in 2020, reported Verge.
"Two thousand and fifteen. I will die for the art, for what I believe in. I'm confident, I believe in myself. We the millennials, bro. This is a new mentality. We're not gonna control our kids with brands. We're not gonna teach low self esteem and that to our kids. We going to teach our kids that they can be something.
The segment started with a bang when West was handed his Moonman by an unexpected contemporary, reigning pop queen Taylor Swift.
Swift came up on stage and talked about her West fandom and his influence on her career, after a narrated montage containing clips from every part of West's career.
West spoke at length about being changed by fatherhood, defending artistry and slammed award shows.
"I still don't understand award shows. I don't understand how they get five people who worked their entire life one sold records, sold concert tickets, to come stand on a carpet and for the first time in their life be judged on a chopping block and have the opportunity to be considered a loser.
He did not perform any music, a major break from recent Video Vanguard recipients - Beyonce and Justin Timberlake both performed lengthy, career-spanning medleys when they won in 2014 and 2013, respectively.
