Saturday, September 25, 2021
CelebrityKanye West is officially a billionaire, he’s worth $1.26bn

Kanye West is officially a billionaire, he’s worth $1.26bn

Forbes named Kanye West as a billionaire worth $1.26bn after measuring earning he gained from his investment but he wasn’t happy with it because he claimed to have 3.3 billion.

The magazine revealed on how the rapper submit his financial documents to them to prove how worth he is, Kanye wait for so long to be on their cover.

“when last we checked in with Kanye West, the mercurial hip-hop superstar-turned-footwear magnate, I was tiptoeing through a parking lot crop circle composed of hundreds of pairs of his Yeezy sneakers,” Forbes wrote.

“I’m not a numbers guy,” he explained ten months ago……… “To ask me to somehow translate this to numbers is to ask your grandmother exactly what the recipe of the cake was.”

However, the article notes that West was left unhappy with their research and findings – stating that he believes his net worth to be around $3.3 billion, rather than the $1.26 billion they have estimated.

‘It’s not a billion,’ West allegedly texted the publication Thursday night. ‘It’s $3.3 billion since no one at Forbes knows how to count.’ 

According to reports, West’s team provided statements that showed the rapper has $17 million in cash, $35 million in stocks, $81 million in ‘buildings and improvements’ and $21 million in land.

Adidas Yeezy, the fashion collaboration between the rapper and the German sportswear brand, has a revenue worth of around $1.3 billion – making West around $140 million from sales just last year. 

The article suggests West has been eager to prove his financial status for some time, noting that he had previously claimed to be a billionaire during an appearance at the 2019 Fast Company Innovation Festival.

‘When I did Forbes, I showed them a $890 million receipt and they still didn’t say ‘billionaire,” dad-of-four Kanye told the audience.

Forbes’ Zack O’Malley Greenburg reveals in the article how West himself admitted that he ‘was not a numbers guy’ but texted him to say the August issue of Forbes last year was a ‘disrespectful article’.

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