People confirmed that Kanye West owns assets worth 6.6 billion USD, significantly increased compared to the amount of money Forbes magazine calculated in April 2020. It is known that more than half of them come from the 44-year-old male rapper’s Yeezy shoe and clothing business.
The Yeezy brand, which is currently partnered with Adidas AG and Gap Inc., is valued by UBS Group AG at $3.2 – $4.7 billion. In particular, according to Bloomberg , the value of the cooperation between Gap and Yeezy can be up to 970 million USD.
The “Famous” star also has $122 million in cash and stocks, $110 million earned from music activities, along with $1.7 billion in other assets (including revenue from Kim’s SKIMS brand). Kardashian runs.
“Kanye West now has full ownership and creative control of the Yeezy brand. He previously signed a 10-year deal to design and sell clothing with the Yeezy Gap brand last year. With the deal, West will create products for men, women and children. However, the deal also includes footwear, as Yeezy’s partnership with Adidas lasts until 2026,” Bloomberg said, not forgetting to note that the new product line in conjunction with Gap “will disrupt sales 150 million USD in the first year (2022)”,
In April 2020, Kanye West announced that he had a net worth of more than $3 billion. Meanwhile, Forbes report said that the male rapper’s assets are only 1.3 billion USD. At that time, even though he was recognized as a USD billionaire, Mr. Kim’s “super round butt” husband was not really satisfied, and sarcastically said: “No one at Forbes knows how to calculate.”
His business career is “going strong” but Kanye West is having emotional troubles. Many sources confirmed that Kim filed for divorce in February, nearly 7 years of marriage. Kim requested legal and physical custody of her four children. According to sources, the divorce process went smoothly, the couple committed to raising their children together, and reached a high consensus on asset division.
There is information that Kanye West changed his phone number right before Kim applied. Currently, the beauty born in 1980 can only contact her husband through bodyguards.