News 25 April 2020
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Kanye West is officially a billionaire

25 April 2020
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Thanks to the success of his Yeezy brand over the last few years, Forbes have announced that Kanye West is now a billionaire.

 

In a feature piece posted on the Forbes website, Kanye’s frustration with the publication was detailed in full as they published excerpts from text messages where he complained as he was left off of their annual billionaire’s list last year.

 

The report says Kanye said in a text message, “You know what you’re doing. You’re toying with me and I’m not finna lie down and take it anymore in Jesus name.”

 

The publication revealed that Kanye West is worth over $1 billion USD and that the rapper/producer owns 100 per cent of the Yeezy brand.

Kanye is allegedly contracted to release his shoes via Adidas for at least five years. Forbes also said that Kanye allegedly received $140 million in royalties from Adidas thanks to the sales of Yeezy shoes in 2019.

 

Aside from shoes, the Yeezy brand also includes interior design, architecture, housing, clothing and more.

 

Forbes writes, “All told, our current net worth estimate for Kanye West: $1.3 billion, which he’ll be pleased to note is $300 million more than little sister Kylie.”

 

The article alleges that Kanye disputes this though – with a text message from Ye reportedly saying to the editor of the article, “It’s not a billion. It’s $3.3 billion since no one at Forbes knows how to count.”

For more Kanye news, find out how the artist recorded his latest album on an iPhone here