Kanye West has been a reigning force for decades. From music to fashion, he’s always created a lane for himself and invited the world to see.
Now, he’s finally being recognized for all of his hard work, at least financially he is. Forbes reviewed West’s financial records and has officially declared him a Billionaire. The artist-entrepreneur-fashion designer appeared on Forbes list of Top-Earning musicians at No.2 at $150 million, and still not as a Billionaire which prompted West to make a statement about his ranking while revealing a shoe concept at Fast Company’s Innovation Festival for the mis-recognization stating, “When people say it’s crass to call yourself a billionaire, I say I might legally change my name to Christian Genius Billionaire Kanye West for a year until y’all understand exactly what it is…It will be on the license plate.”
Last month Forbes released their annual World’s Billionaire list and Mr. West wasn’t listed, which he immediately reached out to the staff and stated it was because of his race. The snub was rectified almost immediately as the publication received West’s financial record which in fact, backs up his claim as a Billionaire. The breakdown of West’s finances goes as following: $17 million in cash, $35 million in stocks, music and publishing rights worth around $90 million, real estate and land at $81 million and $21 million – which the publication estimates a net worth to be $1.3 billion USD. The YEEZY designer owns %100 of the brand, although it is tied to adidas, he receives royalties of around 11-15%.