Forbes Officially Lists Kanye West as Hip-Hop’s New Billionaire; Net Worth is Estimated at $1.3 Billion

By Yuriy Andriyashchuk
Hip-HopVibe.com Staff Writer

Kanye West has been making noise lately as he said in a new interview with GQ that he’d sadly be voting for Donald Trump again in the upcoming 2020 presidential election. This comes two years after wearing Trump’s MAGA hat and saying that slavery was a choice.

Now, big news has arrived for Ye as he’s now a billionaire, according to Forbes. Last year, he said he showed them a $890 million receipt and he still wasn’t labeled as a billionaire. That’s has officially been put to rest as he’s been estimated to be worth $1.3 billion.

What helped West crack over 1 billion is his stake in his Yeezy sneakers, which retail for over $250. Forbes added that these sneakers finished 2019 with close to $1.3 billion in revenue. He also receives a royalty of close to 11% from adidas as a result of these sales.

Additional research by Forbes revealed that his biggest assets come from $81 million in “buildings and improvements” and $22 million from land. He owns multiple properties in Wyoming as well as he and his wife, Kim Kardashian’s Calabasas, CA home. His music and publishing rights from his G.O.O.D music record is also estimated to be at least $90 million. He’s signed stars such as Pusha T, Big Sean, & Teyana Taylor.

West is still rightfully deserving criticism for supporting Trump and fans weren’t felling his gospel-inspired ‘Jesus Is King’ album which released last fall but in the end, he’s chillin’ with his billion. It’s no doubt that he’s still one of the most iconic figures in hip-hop.

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