Update: Forbes magazine has entered the chat to dispute Yeezy’s net worth with a new evaulation. Read about the latest update here.
[This post has been updated. The following was originally published on March 17, 2021.]
Kanye West became a billionaire in April 2020 when Forbes reported the rap superstar crossed the rare threshold. Thanks primarily to his adidas Yeezy sneaker line, Ye had an estimated net worth of $1.3 billion. Now, almost a year later, that net worth has allegedly skyrocketed thanks to Kanye’s deal with Gap.
On Wednesday (March 17), Bloomberg claimed Kanye’s net worth is now a whopping $6.6 billion. According to the report, Ye’s sneaker and apparel business with adidas AG and Gap Inc. is valued at $3.2 billion to $4.7 billion by UBS Group AB. The bank estimated the new Gap collaboration, which fans can expect to hit stores this summer, could be worth $970 million of that total.
To put his wealth into perspective, Kanye reportedly has a music catalog worth $110.5 million, $122 million in cash and stocks and over $1.7 billion in other assets, including a large investment in SKIMS, Kim Kardashian’s clothing line.
Ye has come a long way since claiming he was $53 million in debt in 2016. In February of that year, he took to Twitter to ask Facebook CEO Mark Zuckerberg to invest $1 billion in his work. Zuckerberg could’ve received a handsome return on his investment if he decided to go into business with Kanye.
Kanye West On New Billionaire Title: 'It's $3.3B Since No One At Forbes Knows How To Count'
Kanye and JAY-Z have been proving Hip Hop is one of the world’s most lucrative businesses. A few weeks ago, Hov sold half of his Ace of Spades champagne brand to luxury giant LVMH and later topped that by selling a significant TIDAL stake to Square Inc. run by Twitter CEO Jack Dorsey.
he better hope Kim doesn’t take half of that in the divorce’.
I would 1. imagine they had a pre-nup and 2. assume she is worth an awful lot as well seeing how a big portion of his money is in her clothing label.
It only cost his mother and his soul
Or rather look at it like a person who’s been through a lot and prevailed..he beat the odds. Kinda weird..this culture has a fascination with illumaniti and the dark arts ..where we credit success to those energies.
@Hmm preach!!! These dudes here on demon time talking about a mom that passed away with no evidence of being respectful, sympathizing nor being supportive at all. The idiot you responded to is living in so much hate, hurt. Let Ye bask while they figure out whom to hate on next. As if their fav celebrities aren’t going under the knife themselves. Or maybe they’re just right wing extremists that frequent sites like this to spread hate. Sad little lives. I lol at their comments all the time.
What do politics have to do with this I’ve voted for neither parties your just a paid troll who probably is responding to yourself ur probably Hmm..
Lol I’ve voted for neither and what do politics have to do with this at this point everyone knows and have seen the occult symbolism word to the weeknd and his halftime show. Whatever they are paying you is not worth it you are probably are @Hmm lmao
I’ve been a fan of ye since day one come on know you act like you don’t see all this occult images in the media,entertainment etc.We are all adults here I will call a spade a spade. Im not saying he is not talented at all he was one of my fav producers
That’s more MAGA money for him. I’m pretty sure he’s still a Repuppetcan so they going to stay funding him. He’s their version of Uncle Ruckus.
But yet here you are worried about what the next man eat like it makes you poop. Get a life bruh and move on.
But you’re the one butt hurt about one little comment, I think you’re the one that needs to get a life if you’re this easily offended, snowflake.
Jeffree Star will be happy to hear this. Maybe he, Ye, and Diddy can plan a Spring Retreat together with some of that money.
worth all of that money and still picking on the little man i mean business. if bernie sanders had his way he wouldn’t have all that money.
Buy your stocks now
I can’t imagine a bunch of people rocking the fuckin GAP
Jay-z started fucking with Puma and now they rocking Puma so ??♂️
White people do
Man…GAP is bullshit $30 t-shirts that melt the first time you try to wash them. I don’t know any white people that mess with the GAP. I do see a lot walking through the door but most of us with common sense stay far away. Let’s just say GAP is for suckers.
Congrats Ye!!!
Kanye please reconcile with your wife and put any differences behind you.Am more happy to see you with your wife Kim and your lovely four kids than just business success.I love you kanye please regive your marriage another Kanye hope you are reading my post.What you do to succeed in business, do the opposite in your marriage to succeed in marriage.I love to see you and Kim together for life.
This sounds like someone who f*cks the couch.
Kim at the corner rubbing her palms like birdman ??
maybe 12 year old white people
All the money in the world doesn’t mean nuffin without my Kimberley baby. Alas i will dress up like Spider-Man and auto erotic asphixiyate myself until completion. I will shamely think about Bruce Jenner. Somehing about that booty got me going crazy. After all my minds telling me no but my body. Make sure you say your prayers, Jesus is watching you. Good night and god bless you my children.
Proof positive that money ain’t sh*t in the long run.
People with no money would say something like that. But a billion dollars would help a bit and in the long run if he does go bankrupt you can give yourself a pat in the back
No matter how much money and power black people get, they will still complain. The world isn’t big enough for these animals.
Oh really? So, what do you suggest?
Are you black? You seem to be complaining.
What a ridiculous comment!
I want the Gap product some