Friday, September 17, 2021
CelebrityKanye West worth $6.6 Billion, a half from his sneaker & apparel...

Kanye West worth $6.6 Billion, a half from his sneaker & apparel brand

Kanye West is currently worth $6.6 billion as a half of his fortunes generated from his sneaker and apparel business Yeezy.

The current worth is massive as a rapper and it is beyond Forbes estimation which calculated last year which was $1.3.

People magazine confirm that West is currently worth than any other rapper, with as Yeezy’s sneaker and apparel business worth between $3.2 billion and $4.7 billion.

The value of his stake increases after partnership with Adidas AG and Gap Inc. The value of the new Gap collaboration with Yeezy, which is scheduled to hit stores this summer, “could be worth as much as $970 million of that total,” Bloomberg reported, citing a bank estimate.

The “Famous” rapper also has $122 million in cash and stock and $110 million from his music catalog, alongside $1.7 billion in other assets, including estranged wife Kim Kardashian’s SKIMS business. (Kardashian filed for divorce in mid-February. The couple share four children: daughters North, 7½, and Chicago, 3, and sons Saint, 5, and Psalm, who will turn 2 in May.)

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

There, West will craft items for men, women and kids. The arrangement excludes footwear, however, as Yeezy’s partnership with Adidas lasts until 2026.

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