Connect with us

For Online PR / Hype / Music Promotion Call 08074130688


Kanye West has officially become a Billionaire, making him the second American rapper to reach that status after Jay-Z.

According to Forbes, ’Ye’s Yeezy brand, which he owns in its’ entirety and falls under the Adidas umbrella, helped push him over the $1 billion mark.

The publication said they dissected the Chicago rapper’s success with Yeezy, while also sharing how they tabulated Kanye’s net worth.

Nonetheless, a decent portion of Kanye’s net worth can be attributed to his royalty agreement with Adidas. West receives a “royalty around 15% of Yeezy revenue from Adidas. Upon closer inspection, it appears some expenses are carved out of that slice, bringing his actual cut closer to 11 percent. At that rate, he would have received royalties of over $140 million from Yeezy sales last year,” the report says.

Kanye West’s team provided a statement of the rapper’s assets, which were listed as $17 million in cash, $35 million in stocks, $81 million in “buildings and improvements,” $21 million in land, as well as his G.O.O.D. label and publishing rights, which is said to be worth at least $90 million. There were also a sizable deduction for $100 million worth of debts, which included mortgages and advances.

Forbes also noted that they gave Kanye’s net worth a “50 percent haircut” due to the illiquidity of his assets and the “the lack of independent backup.” The team also deducted $100 million for debts, which included mortgages and advances, putting Kanye’s estimated net worth at $1.3 billion.

But Kanye reportedly disagreed with Forbes. “It’s not a billion,” he allegedly texted the reporters Thursday night. “It’s $3.3 billion since no one at Forbes knows how to count.”

Yung Zeelee, C.E.O/Founder Of TRENDJAMZ MEDIA & 47trends, Computer Engineer | UI/UX Designer | Web Developer | Music PR/Blogger brings you the Nigerian News, Music and All Informative Messages On This Medium. Connect With Me Via: Twitter: @Iamyungzeelee_ Instagram: @Iamyungzeelee Facebook: Yung ZEELEE MD Zillz Call/Whatsapp: +2348074130688

9 Comments

9 Comments

  1. Pingback: alexanderbrothersextorted.com

  2. Pingback: free webcams

  3. Pingback: Buy Golden Teacher Mushrooms

  4. Pingback: gym equipment shop

  5. Thomasbes

    March 10, 2025 at 7:04 AM

    thecanadianpharmacy
    http://expresscanadapharm.com/# canada drugstore pharmacy rx
    canadianpharmacymeds

  6. Pingback: rec1688

  7. Bryanstift

    March 20, 2025 at 3:02 AM

    The drive-thru option is a lifesaver.
    get clomid
    Their global network ensures the best medication prices.

  8. Bryanstift

    March 20, 2025 at 7:36 AM

    A universal solution for all pharmaceutical needs.
    cost cytotec
    Trust and reliability on a global scale.

  9. Bryanstift

    March 20, 2025 at 12:07 PM

    A game-changer for those needing international medication access.
    conversion of gabapentin to pregabalin
    Always stocked with the best brands.

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending Post