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Forbes Confirms Kanye West Is A Billionaire

Forbes magazine declared hip hop rapper kanye west a billionaire

Forbes magazine officially declared hip hop rapper Kanye West, to be a billionaire.

Kanye, who has long coveted the status of being super rich gives a catchy glimpse into his personal finances and his net worth valued at $1.3 billion.

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Forbes described his yeezy sneaker line to be one of the greatest retail stories of the century at $1.26 billion. In addition, Forbes said the statement of assets supplied to them by Kanye’s team list $17 million and $35M in stocks, $21 in land and $81M in property.

West’s other notable assets, according to his , the reality TV star Kim Kardashian, are known to own several properties in Los Angeles and Wyoming.

There is also the matter of Kanye’s music. The 42-year-old is one of the most acclaimed and biggest-selling artists of the last 20 years.

In total, his GOOD Music and the rights to his back catalogue is worth at least $90 million, Forbes said.

However, the outlet, which stressed there was a lack of independent verification for the figures, also listed Kanye as having debt of about 100 million (#81 million).

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That adds up to the 1.3 billion total, the magazine said, placing him above sister-in-law Kylie Jenner, who has a comparatively modest 1 billion net worth, largely from her cosmetics business.

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Despite now being officially classed as a billionaire, Kanye was unhappy with Forbes and claimed they had undervalued him.

“It’s not a billion,” Kanye reportedly texted them. “It’s 3.3 billion since no one at Forbes knows how to count.”

Written By

Ben Orange, is a stylist and a senior fashion editor at GLAMCITYZ, who covers topics in Fashion, Style, and weddings. With his keen eye for trends, he expertly navigates the dynamic world of fashion, offering invaluable insights and advice to readers. In his leisure time, you'll often find Ben indulging in his love for reading and enjoying the melodies of good music.

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