Kanye West Net Worth In 2023
Kanya West is a popular American fashion desginer, rapper, producer, and entrepreneur. His current net worth is around $500 million, when he was a multi billionaire, he was one of the three richest, self-made black people from the US. He got noticed in 2004 after his album, The College Dropout.
Talking about his early life, he was born in 1977 in Georgia and post the divorce of his parents, he shifted to Chicago with his mother. Later he got a scholarship to attend the American Academy of Art in 1997, but transferred to Chicago State University to study English. Later, he dropped out of college and making beats for local artists in his style.
Today, if we see he is one of the most successful musicians with around 34 Grammy Awards and more than 75 nominations. Now he is abit away from music and more close to his businesses making around $100 million annually. Major part of his earning comes from royalties and his Yeezy brand and Adidas partnerships. But a thing to note is that is an outspoken personality which has cost him a lot of sponsors and partnerships. While partnering with Adidas he earned a royalty on every dollar of revenue generated. The Yeezy brand gave him $2 billion per year in revenue and $250 million in profit for Adidas. At the peak of his partnership with Adidas, the Yeezy brand was estimated to be worth a $4 – $5 billion.
Assets:
- Real estate assets = $120 million
- Music catalogue including G.O.O.D Music = $80 million
- Yeezy.com website = $100 million
- Value of Yeezy brand = $5 billion
- Value of Gap partnership = $1 billion
- Cash, equities and other assets = $400 million
Total assets = $6.7 billion
Liabilities and other considerations = $100 million
