Kanye West Becomes a Billionaire Thanks to His adidas Yeezy Empire

Multi-hyphenate Kanye West is now a certified billionaire due largely in part to his successful adidas Yeezy empire. According to Forbes, West has now become hip-hop’s second billionaire, following behind JAY-Z, and is now worth an estimated net of $1.3 billion USD.

The report went on to state that the bulk of the rapper and fashion mogul’s wealth comes from his 11% stake in his Yeezy sneaker line, which Forbes stated was worth $1.26 billion USD. His music on the other hand counts for a small portion of his wealth; his G.O.O.D. Music label and his discography are valued at $90 million. Finally West’s financial worth resides in assets — $81 million in property and $21 million in land, along with $17 million in cash and $35 million in stocks.

Going by the success of Yeezy, West’s worth only looks to be going upwards. Head over to Forbes for more details.

Kanye West Is a Billionaire Thanks to adidas Yeezy

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