Kanye west reportedly doubled his net worth by $ 1 billion in less than a year.
Wednesday (March 17), Bloomberg announced that Kanye’s net worth has skyrocketed to $ 6.6 billion. The article suggests that the majority of the 43-year-old rapper’s income comes from his sneakers and clothing brand Yeezy. Last year, Kanye claimed it was worth $ 3.3 billion.
The clothing company has entered into partnerships with Adidas AG and Gap Inc. and is reportedly valued between $ 3.2 billion and $ 4.7 billion by UBS Group AG. The value of the rapper-producer Gap Agreement, which is expected to be available this summer, could amount to as much as $ 970 million of the aforementioned amount.
The other portion of ‘Ye’s wealth – reportedly provided by Kanye’s attorney – comes from $ 122 million in cash and stocks, $ 110 million from his music catalog, and $ 1.7 billion. other assets. Kim Kardashian’s shaping clothing company Skims is another source of income for Kanye as he has invested in the underwear line.
And while the two performers are said to be wading through divorce cases, which Kim Kardashian reportedly filed in mid-FebruaryIt’s unclear if the Grammy Award-winning rhymer will still be involved in her business once their alleged split is finalized.
Last April, Forbes confirmed that Kanye West has become hip-hop’s second billionaire, the first being Jay-Z. Initially, the publication claimed Kanye was worth $ 1.5 billion, but the Chicago native came out claiming he was worth almost three times as much.
“It’s $ 3.3 billion since no one at Forbes knows how to count,” said the founder of GOOD Music, correcting the article.
Anyway, congratulations, “Ye.
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