Rapper, Kanye West now reportedly worth $6.6B

According to People, 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. ⁣

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.

Leave a Reply

Your email address will not be published. Required fields are marked *