Kanye West has reportedly rejoined the billionaire boys club, surpassing JAY-Z as the richest rapper alive in the process.
In an Instagram post on Thursday (January 23), the rap icon and fashion designer boasted that his net worth was now $2.77 billion, citing Eton Venture Services, a business valuation company, as his source.
“LAA LA LA LA,” he wrote in the caption, seemingly gloating in the face of his naysayers and enemies.
Kanye’s net worth soaring back into the billions is “based on his music portfolio and his sole ownership of the Yeezy mark,” according to Eton Venture Services.
Forbes, the standard bearer for celebrity net worths, has yet to comment on the figure and still estimates the rapper’s fortune at $400 million as of Friday (January 24).
If his net worth has indeed ballooned to $2.77 billion, Kanye will have eclipsed his former friend and collaborator JAY-Z, who is worth $2.5 billion, according to Forbes.
The Watch the Throne duo are the only rappers to have ever crossed the billion dollar mark. Previous reports that Dr. Dre and Diddy had also reached the milestone have been debunked.
50 Cent appears to be hot on Ye and Jay’s heels, claiming last year that he’s close to becoming a billionaire himself thanks to his growing media and spirits empires.
Kanye West was previously stripped of his billionaire status in 2022 after adidas terminated their lucrative Yeezy partnership over his series of antisemitic remarks.
Forbes estimated that his sneaker and clothing line with the German sportswear giant accounted for $1.5 billion of his net worth, which at the time was said to be around $2 billion. After he was dropped by the company, Ye was reportedly worth closer to $400 million.
The G.O.O.D. Music founder later admitted that the dissolution of his adidas deal left him in dire financial straits.
He said to TMZ in early 2024: “I’m gonna be honest with y’all: I was two months from going bankrupt, really… And we survived. We survived through the cancellation.”
adidas also felt some financial hardship as a result of cutties ties with Kanye and announced at the time that it expected to lose approximately $246 million in net income in 2022.
West retained the rights to the Yeezy brand and has since taken it independent. The company appears to have successfully bounced back, generating 7-figure revenues in just 24 hours from its latest clothing drop.
Kanye the Capper
Homie too scared to leave Japan because he knows he ***** a woman with the D!ddler.
My boy now let’s make Yeezy thr everything name and build the city
Nah we don’t believe you Ye lol. He has nothing that can ball on his net worth to billions in such a short period of time
This isn’t him it’s official reports
Because Trump has his back that’s why. You sheltered suburban people don’t know about real hood stuff.
I wish you a speedy recovery from your TDS. Has your doctor advised you to take the orange dick out your mouth yet? God Speed young man
Man shut up with that hood bullshit. The hood aint shit and thats why everyone try to get out of it.
Talking shit about suburban people but im curious to know how many people <> have ever bought music from their favorite artists or supported them.
The hood is full of snakes, jealousy, hate, envy, greed and more.
Aint nobody give a flying fuck about no hood unless youre still in your early 20s tryna be tougH yO
He is still a sheep in a wolves world like the rest of us simple folk. He just has a better view. God is watching!
so what kanye has 2 billion just laying around
Loses endorsements, releases trash music and makes clothes no one would ever buy and somehow makes more money? Sounds like some straight bullshit
This is cap
Look at all these Neanderthals triggered by his wealth. More prosperity to you Mr. West. F these miserable haters # dealwithit
Ouch, I know that one hurt. That Diddy shit really hurt Jay Zs brand. Take that, take that, take that !
C00NYe seeking to regain the fake love.