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There’s rich, and then there’s Kanye West rich.
Yes, the rapper-turned-entrepreneur is going through a divorce from Kim Kardashian right now, but he has to feel good knowing he made some lucrative business decisions. And when I say lucrative business decisions, I mean somewhere between $3.2 billion to $4.7 billion.
West’s sneaker and apparel business, Yeezy, is now in a partnership with Adidas AG and Gap Inc. That has yielded some absurd results in the early stages, according to a report from Bloomberg.
Let’s break down some of what Kanye has going on.
- $122 million in cash and stock
- $110.5 million for his entire music catalogue
- $1.7 billion in other assets
Now add in those lucrative business decisions valued at another $4.7 billion, and it’s possible that Kanye could be worth around $6.6 billion. This is a guy who has grown his net worth from a reported $240 million in 2019 to over $6 billion in 2021.
Not bad, right?
I, of course, would be thrilled with those 2019 numbers. But that is an insane amount of growth. This is a man who had all of those people trying to cancel him when he supported President Trump. Well, it doesn’t look like he’ll be canceled anytime soon.
In fact, he’s heading in the opposite direction.
Money isn’t everything, and I’m sure Kanye is having a rough go of it now that his wife of seven years and the mother of his four children has filed for divorce. But I’d rather be a ridiculously rich fellow going through a divorce than a poor one.
Follow Clint Lamb on Twitter @ClintRLamb.
Not sure how he got that much cheddar but good for him also supported the right dude for prez rich and smart
I root for Kanye’s success…but marrying that Kardashian and having her be the mother of his kids is going to be a tough one for him from here on out.
Kanye has a track record of being a shrewd businessman. That was a memorable day when he (wearing a MAGA hat) met with Trump in the Oval Office along with Jim Brown. Hilarious watching the left going berserk.
As long as you can tap into the black market of consumers, it’s not surprising. Who else is going to pay $2000-$5000 for some ugly ass Yeezy’s. Think twice before calling me a racist for making such a statement because I’m black.
Well said !