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OMG moments from the 2015 MTV VMAs!

Nip slips, political announcements and on-stage feuds - we expected nothing less from this year's MTV VMAs!

But it seems the biggest bombshell from the ceremony was when Kanye West revealed he's after Barrack Obama's job!

"I have decided in 2020 to run for president," the 38-year-old rapper told the star-studded arena, and also admitted he'd smoked a joint!

RELATED: Kanye West caught napping during Frozen show

Other gasp-inducing incidents from the night included Taylor Swift, 25, performing with Nicki Minaj and Avril Lavigne, after falling out with them both on Twitter in recent weeks.

Although there was no love lost between Nicki, 32, and Miley Cyrus! In fact, the rapper branded the 22-year-old a "b*tch" while accepting her award for Best Hip-Hop Video for 'Anaconda', after Miley called her "not too kind" in an interview in the New York Times. Miaow!

Nicki Minaj and Taylor Swift
Nicki Minaj and Taylor Swift

Nicki and Taylor perform on the VMA stage. Photo: Getty

Later on, Miley was caught baring her breasts on national television - we expected nothing less - after failing to cover her modesty with a curtain. "Sorry, my tit's out," she said.

RELATED: Miley goes topless on Instagram

And it wouldn't the VMAs without some twerking! But this time it was Rebel Wilson shaking her booty on stage!

Meanwhile, Justin Bieber, 21, broke down in tears on stage following an emotional performance and Amber Rose and Blac Chyna hit back at their haters by wearing matching outfits covered in expletives, which included the words 'stripper', 'gold-digger', 'b*tch' and 'wh*re.' Yikes!