In 2020, Forbes announced that Kanye west is worth a billion dollars, but according to Kanye, he said he is worth more than three billion dollars. Whether it’s one billion or three billion dollars, we can all agree that Kanye west is officially a billionaire.
But how did he acquire that much fortune in a small amount of time and surpassing most of his peers in the entertainment industry.
Well here it is. Kanye West is a music producer, a rapper and an entrepreneur. He started his music career as a producer, producing hip-hop beats for the likes of Jay z and Ludacris. Soon he got his own shot and was signed on the Roca fella record label owned by Jay z. This was the beginning of Kanye West rise to fame and success.
Kanye West has sold up to 21 million albums worldwide and 100 million digital downloads worldwide, which contributed to his huge fortune. But his business moves into the fashion industry made him acquire more fortune that eventually placed him on the billionaires list.
Kanye owns a high stake in his Yeezy sneaker lines which is a huge success among fashion heads. A pair of Yeezy sneakers can cost anything from $250 to $2500.
According to Forbes, West’s $1.3 billion fortune is amassed from his $1.26billion stake in his Yeezy wear brand. The brand was later valued at $3 billion dollars by the bank of America. He owns $17 million in cash, $35 million dollars in stocks, $21 million dollars in real estate, $3 million dollar worth of vehicles, $300,000 worth of livestock and $53 million in debt.
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