Kanye West: Is he back in the billionaire club?

Kanye West: Is he back in the billionaire club?

Kanye West
Is he back in the club’s club?






After the loss of his billionaire status in 2022, Kanye West reports an impressive comeback – but there are doubts about the numbers.

Kanye West (47) has announced his financial comeback in the billionaire club. The rapper and entrepreneur announced that, according to the Eton Venture Services, his assets had grown to $ 2.77 billion (around 2.6 billion euros). The analysis is based on its music portfolio and the “sole ownership of the Yeezy brand”, it is said.

However, the business magazine “Forbes”, which is the greatest authority for estimates, comes to a significantly lower assessment. (approx. 380 million euros). If the higher rating is correct, West would even have overtaken its ex-mentor Jay-Z (55) as the richest hip-hop artist. Forbes estimates its assets to $ 2.5 billion (approx. 2.4 billion euros).

Deep case after many scandals

The rapper had actually lost his billionaire status in 2022 after several companies such as Adidas, Balenciaga and GAP ended their cooperation with him after several anti -Semitic statements. The loss of the Adidas deal in particular had hit West hard-according to “Forbes”, the partnership made up for around $ 1.5 billion in his wealth at the time.

According to its own statements, West was short of bankruptcy. He willingly announced this to US media. With his wife Bianca Censori (30) he moved his center of life to Italy to be closer to the production facilities of his fashion brand. The restart seems to have succeeded: his website Yzy.com is said to have already taken $ 100 million in 2024. West also invested seven million dollars in a Super Bowl commercial, which is said to have brought him income of 19.3 million.

“If I hadn’t had the various skills in music and clothes and the fan base, they could have destroyed me,” Kanye West told the “TMZ” celebrity. His euphoric reaction to the new estimate was accordingly: “Laa la la la”, West commented on the report on his financial comeback in a varied way.

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Source: Stern

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