Connect with us

Hi, what are you looking for?

GlamCityz

News

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.

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).

YOU MAY ALSO LIKE :   Savage x Fenty Makes Jackie Aina The Face Of Its First-Ever Bridal Collection

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.

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.”

WANT THE LATEST TREND ?
Get the latest Fashion & Beauty trends into your inbox for free.
Click to comment

Leave a Reply

Your email address will not be published.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

This site uses Akismet to reduce spam. Learn how your comment data is processed.

GlamCityz Recommends

Celebrity

Photos of FünFün & Dúdú will surely make your day. Did someone say "Awnn"?

News

A collection just right for that special night.

Entertainment

Popular Nigerian rapper and Big Brother Naija ‘Lockdown’ winner Laycon, has spoken on how he deals with online trolls. Well, either you’re a celebrity...

Entertainment

American singer Jennifer Lopez and her fiancé, Alex Rodriguez have officially called off their engagement. The ex couple in a statement with TODAY revealed...

The Best Styling Inspo Just For You!

Get the latest fashion and style trends in your inbox daily.