Kanye West has reportedly doubled his net worth by billions of dollars in less than a year.
On Wednesday (March 17), Bloomberg announced that Kanye’s net worth has soared to $ 6.6 billion. The article suggests that most of the 43-year-old rapper’s earnings come from his Yeezy brand of sneakers and clothing. Last year, Kanye claimed it was worth $ 3.3 billion.
The clothing company has secured partnerships with Adidas AG and Gap Inc. and would have been valued between UBS Group AG and between $ 3.2 billion and $ 4.7 billion. The value of the producer-rapper’s GAP deal, which is expected to be available this summer, could reach up to $ 970 million of that amount.
The other part of ‘Ye’ wealth, according to reports provided by Kanye’s lawyer, comes from $ 122 million in cash and shares, $ 110 million from his music catalog and $ 1.7 billion in other assets. . Kim Kardashian’s clothing company, Skims, is another source of revenue for Kanye as she has invested in the lingerie line.
And while the two artists are allegedly engaged in divorce deals, which Kim Kardashian reportedly filed for in mid-February, it’s unclear whether the Grammy-winning rhyme will continue to be involved in her business once the their supposed separation.
Last April, Forbes confirmed that Kanye West had become the second billionaire of hip-hop, the first Jay-Z. Initially, the publication claimed that Kanye was worth $ 1.5 billion, but the Chicago native came out claiming he was worth almost three times as much.
“That’s $ 3.3 billion, because no one at Forbes knows how to count,” said the founder of GOOD Music, who edited the article.
In any case, congratulations.
See very expensive hip-hop songs based on the prices of the luxury items mentioned