kanye west net worth

Kanye West’s Net worth

Date of Birth: Jun 8, 1977 (45 years old)
Gender: Male
Height: 5 ft 8 in (1.73 m)
Profession: Record producer, Songwriter, Singer, Actor, Film Producer, Rapper, Businessperson, Screenwriter, Fashion designer, Music Video Director
Nationality: United States of America

It estimates that Kanye West’s Net worth is $6.6 billion. He is among the top three wealthiest self-made African Americans in U.S. history. The College Dropout, Kanye’s debut album, became a worldwide hit in 2004 and catapulted him to stardom. He has won 21 Grammy awards. In addition to his Yeezy/Adidas deal, West has made a considerable fortune from the collaboration.

Kanye’s many projects have recently netted him at least $100 million each year.

His Business Yeezy

Yeezy has his own Yeezy clothing business, which he owns 100 percent, but he receives a cut of the $1.5 billion in annual sales as a royalty. According to several private bankers, Yeezy is estimated to be worth between $4 and $5 billion. According to a UBS analysis, Kanye’s net worth is expected to rise by $3-4 billion in March 2021.

IMPORTANT INFORMATION

He is the wealthiest black individual in U.S. history, with a net worth of $100 million, and has sold 140 million albums and singles during his career.

  • The value of the music collection is $110 million
  • This individual wholly owns Yeezy.
  • He makes between $150 and $200 million yearly from Yeezy royalties.
  • An additional $3-5 billion in Kanye’s net wealth comes from Yeezy.
  • The company has a $1 billion deal with The Gap.

ASSETS

  • $120 million worth of real estate assets
  • A total of $80 million is spent on G.O.O.D. Music’s music catalog.
  • A $100 million website, Yeezy.com
  • The Yeezy brand is worth $5 billion
  • One billion dollars is the value of the Gap collaboration.
  • A total of $400 million in cash, securities, and other assets
  • There are 6.7 billion dollars in total assets.
  • $100 million is the total amount of liabilities and other factors.

Life and Work’s First Steps

He is about 41 years old today. Chicago, Illinois, became home to West after his parents divorced when he was three years old.

He started composing beats for local artists when he dropped out of college to develop his sound. Grave’s 1996 first album and his first formal production credit were down to Earth. He also worked with artists like Foxy Brown, Deric “D-Dot” Angelettie, and Harlem World on their recordings during this time.

Fame and a successful music career

West received his big break when he started working as a producer for Roc-A-Fella Records in 2000. He worked with musicians including Ludacris, Alicia Keys, and Janet Jackson. His work on Jay-The Z’s Blueprint in 2001 gained much attention for West’s production skills.

After being refused a deal with Capitol Records in 2001, he persuaded the head of Capitol Records to sign him to Roc-A-Fella Records, which he did.

During a vehicle accident in October 2002, West suffered a fractured jaw that led to the writing of Through the Wire. His debut album, The College Dropout, was leaked months before its scheduled release date in August 2003 because of this song. It was reworked, remastered, and edited by West, who postponed the album’s release three times.

His second studio album

After spending two million dollars to hire a full-string orchestra, Kanye West began work on his second studio album. In the United States, more than 2.3 million copies of Late Registration were sold by the end of the year after it was released in August 2005. After Graduation (2007), 808s & Heartbreak (2008), My Beautiful Dark Twisted Fantasy (2010), the Jay-Z collaboration Watch the Throne (2011), Yeezus (2013), The Life of Pablo (2016), Ye (2018). Jesus is King (2019) was released; he released a total of ten studio albums (2019).

When Yeezus was released in 2013, it was a massive success for Kanye West. Billboard 200, R&B, and Rap charts, as well as those in four other nations, all had the album at number one. After its release in 2016, Pablo’s album The Life of Pablo debuted at number one on the Billboard 200 and number two on the U.S. Rap and US R&B albums charts. “FourFiveSeconds” (featuring Rihanna and Paul McCartney) was the second week’s top R&B song in the United States. In 2017, he released his latest album. It was Kanye West’s first album to fall short of the platinum mark in his career.

Earnings by Year: Kanye West Earnings by Year

  • 2007 $17,000,000
  • 2008 $30,000,000
  • 2009 $25,000,000
  • 2010 $12,000,000
  • 2011 $16,000,000
  • 2012 $35,000,000
  • 2013 $20,000,000
  • 2014 $30,000,000
  • 2015 $22,000,000
  • 2016 $18,000,000
  • 2017 $22,000,000
  • 2018 $90,000,000
  • 2019 $100,000,000
  • 2020 $200,000,000
  • Total: $437,000,000

With the release of the Air Yeezys in 2009, Yeezy West became the first non-athlete to sign with Nike and have shoes designed exclusively for him. He has also collaborated with Louis Vuitton, Bape, and Giuseppe Zanotti on footwear designs. He debuted two apparel collections at Paris Fashion Week in 2011 and again in 2012.

It announced in December 2013 that Adidas and Kanye West would collaborate on a new sneaker design.

Adidas signed Kanye West to a long-term deal in June 2016 after his early launches were a hit. Adidas pays Kanye a 10% royalty on net sales, on average. YeezySupply.com has a higher royalty rate than Adidas.com for products sold there. In all, he earns roughly 10% of all royalties.

Kanye owns 100% of the Yeezy clothing line outright, as shown in the image above.

G-o-o-d Music

With Sony B.M.G., Kanye launched G.O.O.D. “Getting out our dreams”  represents by the abbreviation “G.O.O.D.” West himself, John Legend, Common, Big Sean, Pusha T, Q-Tip, Kacy Hill, and Teyana Taylor, are the artists signed to the company.

Philanthropy, Other Assets

K.W. Foods L.L.C. owns Chicago’s Fatburger fast-food chain. West founded D.O.N.D.A., a creative content company, in January 2012. West co-owns Tidal with Jay-Z, Rihanna, Madonna, Chris Martin, and Nicki Minaj. Most stakeholders own 3% equity.

His humanitarian efforts include the Kanye West Foundation, which promotes African American and Latino children’s education, and contributions to Hurricane Katrina assistance, World Water Day, and Live Earth. According to their findings, Kanye West’s net worth estimates to be $6.6 billion. He is one of the top three wealthiest African Americans in the history of the United States who achieved success on their own.

Kayne West Properties

  • Kanye West owns $160 million in U.S. property (land, buildings, and homes).
  • The Kim/Kanye home is in Hidden Hills, California. The initial pieces of this estate had purchased in 2014 for $23 million. First, they had a 4.5-acre mansion. The couple spent millions customizing, rearranging, and enlarging the home. In 2019, they combined two neighboring properties to create a 7.5-acre estate.
  • Hidden Hills’ real estate transactions alone cost $28.5 million. Renovations cost tens of millions.
  • Their Hidden Hills home is worth $60 million. Kim paid Kanye $23 million in September 2021 to officially take ownership. Interior furnishings cost $3 million.
  • Kanye bought a Malibu oceanfront house for $57.3 million in 2021.

Summary

As of 2020, the total amount of Kanye West’s net worth estimates to be $6.6 billion. Among all musicians, he has had the most influence during the past few decades. In addition, he had always involved in charitable work and had built an empire in the fashion industry with his Yeezy brand. 

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