Current Events > Kanye West is now worth 6.6 Billion Dollars (3rd richest black man on the earth)

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KlRBEH
03/17/21 5:38:39 PM
#1:


Kanye is the richest black person in the US, having 1.5x the net worth of Oprah Winfrey and Jay Z COMBINED

https://t.co/vnG4xUYycL?amp=1

The 43-year-old rapper is worth $6.6 billion, a significant increase from the amount that West was reported as being worth back in April 2020 by Forbes, PEOPLE confirms.

Led by his sneaker and apparel business Yeezy, which is now in partnership with Adidas AG and Gap Inc., the business is valued between $3.2 billion and $4.7 billion by UBS Group AG.

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, 7, 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.

Citing the document obtained by their outlet, Bloomberg noted that the new Gap line is expected "to break $150 million in sales in its first full year in 2022."

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David1988
03/17/21 5:39:27 PM
#2:


Genius

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K181
03/17/21 5:39:53 PM
#3:




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Irregardless, for all intensive purposes, I could care less.
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g0ldie
03/17/21 5:40:05 PM
#4:


that's crazy.

I remember how a few years ago, he was filing for bankruptcy, too.

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Wii_Shaker
03/17/21 5:40:33 PM
#6:


How much of it is going to be Kim's?

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OffTempo
03/17/21 5:41:27 PM
#7:


Wii_Shaker posted...
How much of it is going to be Kim's?
I would be surprised if they didn't sign some sort of prenuptial agreement before getting married

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KlRBEH
03/17/21 5:41:58 PM
#8:


Wii_Shaker posted...
How much of it is going to be Kim's?
They signed a prenup

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Smashingpmkns
03/17/21 5:42:33 PM
#9:


Good for him tbh. Hope he makes a good album again cuz Jesus is King was trash
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#10
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radical rhino
03/17/21 5:43:56 PM
#11:


Smashingpmkns posted...
Good for him tbh. Hope he makes a good album again cuz Jesus is King was trash
Hopefully he starts making good albums again once hes gone through his Christianity phase, like Bob Dylan did.

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Darmik
03/17/21 5:44:21 PM
#12:


Wii_Shaker posted...
How much of it is going to be Kim's?

KlRBEH posted...
alongside $1.7 billion in other assets, including estranged wife Kim Kardashian's SKIMS business.

Maybe your concern is the wrong way around ;)

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