Kanye West’s fortune skyrockets to $ 6.6 billion
More than half of his fortune is thanks to his Yeezy shoe and clothing brand.
With 22 Grammy Awards, 140 million albums and singles sold, and countless world tours, Kanye West is undoubtedly one of the greatest musicians of all time.With a burgeoning sneaker and clothing business, the American rapper, songwriter, and fashion designer is also one of the richest and most successful celebrities on the planet.
And with the last two appraisals of his businesses, we have a new accolade for his resume: Kanye West is now officially the richest black person in American history.
Last April we first learned from Celebrity Net Worth that Kanye West was a billionaire after new details about the impressive success of his Yeezy brand were released.
At the time, the celebrity website estimated Kanye’s net worth to be $ 3.2 billion. With the new information released today, Celebrity Net Worth once again updated Kanye West’s personal fortune valuation.
According to new valuations prepared by investment bank UBS Group AG, the 43-year-old rapper’s shoes and clothing business – now bolstered by multinational Adidas AG – is valued between $ 3.2 and 4.7 billion. , according to a story published Thursday by Bloomberg .
Kanye owns 100% of the Yeezy brand, so those valuations go directly to his personal fortune. In addition, according to UBS, its association with the major American textile company The Gap is valued at $ 970 million.
The famous rapper also owns $ 122 million in cash and stock, $ 110 million from his music career, and another $ 1.7 billion in assets, including his wife Kim Kardashian’s SKIMS business . (Kardashian filed for divorce in mid-February.)
The couple share four children: daughters North, 7½, and Chicago, 3, and sons Saint, 5, and Psalm, who will turn 2 in May).
Kanye West’s fortune is now valued at $ 6.6 billion
With a fortune valued at $ 6.6 billion, Kanye West is now the richest black person in American history.
Kanye went from fourth to # 1, topping Oprah Winfrey’s $ 3.5 billion , David Steward’s $ 3.9 billion and Robert F. Smith’s $ 6.5 billion. Michael Jordan is now the fifth richest black person in America, with a net worth of $ 2.2 billion.
By the new tally, Kanye West is the world’s third-richest celebrity, behind only Steven Spielberg ($ 7 billion) and George Lucas ($ 10 billion).