Kanye believe it? Kim Kardashian’s ex is now worth over US$6 billion thanks to his Adidas Yeezy and Gap collaborations, making him the second richest African American in the US

STORYdpa

Mar 20 , 2021

Entertainer and businessman Kanye West is worth an estimated US$6.6 billion according to Bloomberg. Photo: Reuters

Kanye West may be struggling with bipolar disorder and working through a tricky divorce with Kim K, but the Gold Digger rapper definitely isn’t short on cash

After the 22-time Grammy winner complained his net worth had been under-reported as US$1.4 billion in the press, Bloomberg has put him at US$6.6 billion

Kanye West – hip-hop superstar and “greatest artist God ever created”, according to himself – is officially one of the richest people in the US, with a new report from Bloomberg stating that he’s now worth a whopping US$6.6 billion.

Kim Kardashian and Kanye West recently announced that they are getting divorced, however their individual wealth is substantial. Photo: Reuters

He seems to be getting the last laugh after publicly blasting Forbes for apparently misreporting his wealth at US$1.4 billion last year.

West, 43, earned a significant boost in profits due in part to his clothing brand Yeezy, which UBS Group AG values between US$3.2 and US$4.7 billion.

The 22-time Grammy winner and failed 2020 presidential candidate also reportedly has US$122 million in cash and stock in his war chest, as well as a music catalogue worth US$110 million. According to the outlet, the rest of his assets are valued at US$1.7 billion.

Bloomberg also reports that the Chicago native’s upcoming collaboration with Gap, set to hit stores this summer, “could be worth as much as US$970 million of that total”.

Last June, West partnered with Gap for a 10-year agreement where the acclaimed rapper will be tasked to develop styles for men, women and children.

Kanye West performing at Coachella, but his music only makes up part of his wealth. Photo: EPA-EFE

“We are excited to welcome Kanye back to the Gap family as a creative visionary, building on the aesthetic and success of his Yeezy brand and together defining a next-level retail partnership,” Gap global chief Mark Breitbard said at the announcement of the deal.