Kanye West reportedly the richest black man in U.S History after his Net Worth soars to $6.6 Billion

New information published about Kanye Worth’s net worth has put him in the top position of the richest black man in America.

According to new records documenting his business affairs, the 43-year-old American rapper is now worth $6.6 billion.

UBS Group AG has priced the ‘Ye’ rapper’s sneaker and clothing company Yeezy, which is now in collaboration with Adidas AG and Gap Inc., at between $3.2 billion and $4.7 billion.

Bloomberg estimated, citing a bank estimate, that the latest Gap partnership with Yeezy, which is expected to hit stores this summer, “may be worth as much as $970 million of that total.”

The “Popular” rapper still has $122 million in cash and stock, as well as $110 million in royalties from his music collection, and $1.7 billion in other properties, including Kim Kardashian’s SKIMS company. (In mid-February, Kardashian filed for divorce.) North, 712, and Chicago, 3, are the couple’s daughters; Saint, 5, and Psalm, who will turn 2 in May, are the couple’s sons.)

SEE ALSO: Ghanaian Model Setornam Nyendu featured in campaign for Kim Kardashian’s shapewear line.

This comes after Forbes revealed that West’s net worth was much smaller than he believed in April 2020. He claimed that his net worth was more than $3 billion. Even though he had surpassed the ten-figure mark in net worth, Forbes estimated then that he was worth $1.3 billion.

Kanye insisted that his net worth is higher than what Forbes reported, and is said to have texted Forbes, “It isn’t a billion dollars. Since no one at Forbes can count, it’s $3.3 billion.”

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Sponsor

spot_imgspot_img

Latest

Skin is the photography exhibition that seeks to celebrate the African identity in Accra on December 13th

The works of 20 photographs from across Africa will be highlighted at the SKIN exhibition in Accra.

Celebrate World International Women’s Day with these powerful feminist quotes.

The 8th of March is International Women's Day, a day dedicated to celebrating all things related to women around the world. International Women's Day is intended to honor all of women's accomplishments around the world, including their contributions to social, economic, cultural, and political progress.

Juliet Ibrahim is the new cover star for Glam Africa’s Beauty Issue

Ghanaian actress, producer, and philanthropist Juliet Ibrahim is the latest cover star for Glam Africa Magazine‘s July 2019 issue.

5 facts you should know about the queen of hats, Velma Owusu-Bempah

Ghanaian milliner and accessories designer, Velma Owusu Bempah is celebrating a new age today, 13 January 2020.

Trotro Tragedies: 5 Ghanaian commuters speak about their worst trotro ride

This week on Trotro Tragedies, we speak to 5 Ghanaian workers who recount their worst experiences in these public transport. Enjoy!