Seems like Kanye West is surprisingly a multi-billionaire. The 43-year-old Yeezy originator’s net worth has shot up to $6.6 billion. The finding has come out of a report by Bloomberg on March 17. The new assessment shows up almost one year after the Grammy-winning rapper joined Forbes’ billionaire club.
Kanye West Is Earning In Billions
Things being what they are, how did Kanye add much more billions to his net worth. Kanye’s net worth was calculated to be $1.3 billion by Forbes in April of 2020? Indeed, Kanye’s Yeezy retail empire — which traverses his very good quality athleisure clothes and shoes. Its overall worth was calculated between $3.2 billion and $4.7 billion by the investment bank UBS Group AG, with reference to the monetary papers that Bloomberg got.
The values are shocking but true owing to two pivotal Yeezy partnerships; one is with Adidas AG, which Kanye endorsed with in 2013 and is set to go on until 2026. The other one, which is with Gap Inc., was simply framed in 2020. Kanye marked a 10-year contract with the moderate retail giant to design and sell clothing for men, ladies and children for a Yeezy Gap line set to dispatch in July of 2021. The value of this joint effort “could be worth as much as $970 million of that all out,” as per the report.
Outside of his retail empire, Kanye gloats $122 million in real money and stock, per Bloomberg. His music list — which traces all the way back to the mid 2000’s — is additionally worth $110 million, the power source added. And then there is SKIMS. Though the owner of the retail org may be Kim Kardashian, however in spite of the Keeping Up with the Kardashians star petitioning for legal separation on Feb. 19, Kanye owns a significant amount of his estranged spouse’s org that is assessed at $1.7 billion.
Kanye is as of now making the most of his wealth on his domain in Wyoming, while Kim is reportedly remaining in their marital home in Hidden Hills, CA. She may even get the home forever for their four children North, 7, and Chicago, 3, and children Saint, 5, and Psalm, 1, per TMZ. Kim mentioned joint lawful and actual care of their kids in her divorce documents, in which she refered to “beyond reconciliation contrasts” as the explanation they’re finishing their six-year marriage.