US rapper, now gospel singer, music producer and fashion entrepreneur, Kanye West has recently joined the exclusive club of hip hop billionaires, according to business magazine Forbes.
Yeezy, as he’s fondly called, has become the second hip hop star, after Jay Z, to be certified a billionaire by the magazine. Just when so many rumor emerged that the rapper and had gone bankrupt and in over $50 million in debt…it just proved it had been all wrong as only in 2019, his 15 percent royalty from his footwear sales (in partnership with Adidas) fetched him roughly $140 million.
The rapper and fashion designer, who has long coveted the status, is said to have a net worth valued at $1.3bn…While his GOOD Music record label and the rights to his back catalogue is estimated to worth at least $90m (£73m) in total, according to Forbes.
Despite this, West’s other notable assets sums up to $81m (£66m) in property and $21m (£17m) in land, according to his team.