Kanye West makes history as he becomes the richest black man in U.S history it’s made known that his net worth has skyrocketed to $6.6 billion.
Kanye’s worth, led by the Yeezy series, has now partnered with Adidas AG and Gap Inc, as the business values between US$3.2 billion and US$4.7 billion.
Bloomberg revealed that, the collaboration between Yeezy and Gap, which is will to public this summer “could be worth as much as $970 million of that total” – excluding additional income from his music catalogs, cash, stocks, and business investments such as estranged wife Kim Kardashian’s SKIMS underwear brand.
In addition to other assets of US$1.7 billion, he also owns US$110 million in music assets and US$122 million in cash.
Bloomberg also added that after West signed a ten-year agreement for Yeezy Gap label design and sales of clothing last year, it has all the ownership and creative control of the Yeezy brand.
Citing the document obtained by their outlet, Bloomberg noted that the new Gap line is expected “to break $150 million in sales in its first full year in 2022.”
Kanye’s worth news comes just a few days after his LP “Jesus Is King” won the 22nd Grammy Best Contemporary Christian Music Album.
It also comes amid his split with estranged wife Kim Kardashian, who filed for divorce last month. The couple share four children: daughters North, 7½, and Chicago, 3, and sons Saint, 5, and Psalm, who will turn 2 in May.
