Kanye West has become the richest Black man in U.S. history, as it is revealed he is now worth a whopping $6.6 billion

Posted by E.L.E.X on March 18 2021 under Celebrities

The 43-year-old’s worth is led by his Yeezy line which is now in partnership with Adidas AG and Gap Inc, with the business valued between $3.2 billion and $4.7 billion.

According to Bloomberg, the upcoming collaboration between Yeezy and Gap – which is set to hit stores this summer “could be worth as much as $970 million of that total” with additional income coming from his music catalog, cash, stocks and business investments such as estranged wife Kim Kardashian’s SKIMS underwear brand.

As well as having $1.7 billion in other assets, ‘Ye has $110 million from his music catalogue and $122 million in cash.

West currently has full ownership and creative control of the Yeezy brand by himself after he previously signed a 10-year agreement to design and sell clothes under the Yeezy Gap label last year, Bloomberg adds.

Citing the document obtained by their outlet, Bloomberg noted that the new Gap line is expected "to break $150 million in sales in its first full year in 2022."

News of Kanye’s worth comes days after his 22nd Grammy win for Best Contemporary Christian Music Album for his LP Jesus Is King.

It also comes amid his split with estranged wife Kim Kardashian, who filed for divorce last month. The couple share four children: daughters North, 7½, and Chicago, 3, and sons Saint, 5, and Psalm, who will turn 2 in May.

YOU MAY ALSO LIKE

Actress Aisha Lawal has been forced to release a video to counter reports that she died during childbirth (PHOTO)

Ozos mother gives him a big hug as they reunite after his eviction

I Have Done Liposuction, If You Want To Use It Against Me, Use It” – Nengi Blows Hot

Joro Olumofin takes legal action against Tunde Ednut in the US as their beef intensifies

Tacha Coins New Word, ‘Glow-Getter’ And Givers Perfect Meaning To It

Comments

Add Comment

All fields are required!