Kanye West: 'I have decided in 2020 to run for president'

Taylor Swift presented the Michael Jackson Video Vanguard Award to rapper Kanye West during Sunday's MTV Video Music Awards at the Microsoft Theater in Los Angeles — and the singer announced that he will eventually run for president.

"It seemed like everyone knew about our infamous encounter at the VMAs," Swift said in reference to her 2009 acceptance speech that he interrupted on stage.

"I have been a fan of his since I can remember," Swift said. "I'm really happy for you and imma let you finish"

When West took the stage, he embraced a long applause from the audience before beginning his speech."Thank you, Taylor, for being so gracious and giving me the award this evening," West said. "I often think back to the first day I met you also," he said with a smile, while Swift and wifeKim Kardashian embraced while looking up at the rapper.

He covered a variation of topics during his acceptance speech, and began it with an apology. "The contradiction is I do fight for artists, but in that fight I was somehow disrespectful to artists. I didn't know how to say the right thing, the perfect thing," West said.

"I will die for the art, for what I believe in, and art ain't always going to be polite," West continued.

He said at the conclusion of his speech: "I have decided in 2020 to run for president."

The Vanguard Award recognizes musicians who have made a strong effect on MTV culture while also honoring their work. Past recipients of the award include Justin Timberlake, Beyonce,Britney Spears, U2 and Red Hot Chili Peppers.

Miley Cyrus hosted the 2015 awards, with featured performances from Justin Bieber, The Weeknd, Tori Kelly, Macklemore and Ryan Lewis, Pharrell, Nicki Minaj, and Twenty One Pilots With A$AP Rocky.

See images of Kim and Kanye at the 2015 VMAs: