Kanye West (Photo by Pascal Le Segretain/Getty Images)
He may have made headlines this year regarding his drama-filled personal life, but when it comes to his finances things for Kanye West have never been better. According to the latest ‘Forbes’ list, Kanye West’s net worth has significantly increased throughout the past year—and now he’s worth an estimated $2 billion.
In just one short year, Kanye West is officially part of the multi-billionaire club, as @Forbes exclusively reports that his net worth has now increased to $2 billion thanks to his highly lucrative music and fashion empires. By having 100% ownership of his popular Yeezy sneaker brand along the multi-million deal with Adidas, Kanye’s net worth also increased due to his Yeezy Gap collaboration, which reportedly hit sales of $1 billion in its first year—and led to the recent Yeezy Gap Engineered By Balenciaga collection that dropped back in February.
Additionally, Ye reportedly earns close to $180 million annually from his extensive music and production work and owning a percentage of soon-to-be ex-wife Kim Kardashian’s SKIMS shapewear brand. Just a year ago in April 2021, his net worth was $1.8 billion, but the new estimates from ‘Forbes’ put him just behind Oprah Winfrey who’s worth $2.6 billion. Elsewhere on the billionaire’s list includes notable names like Michael Jordan ($1.7 billion,) Rihanna ($1.7 billion,) Jay-Z ($1.4 billion) and Tyler Perry with $1 billion.
You may recall that Kanye has disputed ‘Forbes’’ reports of his net worth in past, alleging that the publication has grossly under-reported his finances and that he is worth $6.6 billion instead of what was reported. He further alleged that the reason for ‘Forbes’ not accurately reporting his net worth is due to personal reasons and not based on actual financial documents.
In other Kanye West news, despite not being allowed to perform at this year’s Grammys, he took home two awards for Best Rap Song and Best Melodic Rap Performance, bringing his total number of Grammys to 24.
Want updates directly in your text inbox? Hit us up at 917-722-8057 or click here to join!
