Kanye West becomes 'richest African American man in US history' with Yeezy brand and Gap deals

inews March 18, 2021 Kanye West 33
Kanye West becomes 'richest African American man in US history' with Yeezy brand and Gap deals

The star is thought to be worth almost 5bn with money from major brand associations and his own clothing line

Bloomberg says it has obtained documents showing that Yeezy, Mr Wests trainer and apparel business with Adidas and Gap, is worth nearly $1bn. Estimations from UBS Group add: Ye also has $122m in cash and stock, $110m for his music catalogue, and $1.7bn in other assets including Kim Kardashians SKIMS brand. The rappers Yeezy Gap line, which he is the sole owner of, is the source of a large proportion of his wealth. Last year, Mr Westdisputed Forbes annual rich list, which put his personal wealth at $1bn. He instead insisted that his net worth was actually 2.6billion ($3.3billion). The incredible personal fortune comes little more than years after Mr West said he was 38m in debt. His wife, the reality TV star Kim Kardashian, was certified as a billionaire her last summer. The pair are currently filing for divorce after almost seven years of marriage. Topics

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