In this article we discuss about Kanye West’s Net Worth, Bio, Career, Real Estate.
Kanye West Net Worth
Kanye West is a producer, rapper, fashion designer, and entrepreneur from the United States.
Kanye West’s net worth is $6.6 billion as of this writing.
|Net Worth:||$6.6 Billion|
|Date of Birth:||Jun 8, 1977 (45 years old)|
|Height:||5 ft 8 in (1.73 m)|
|Profession:||Record producer, Songwriter, Singer, Actor, Film Producer, Rapper, Businessperson, Screenwriter, Fashion designer, Music Video Director|
|Nationality:||United States of America|
He is one of the three richest self-made black men in American history.
Kanye rose to prominence following the release of his 2004 album The College Dropout. He is now one of the most successful and awarded musicians on the planet, having received 21 Grammy nominations and winning 21 of them. In recent years, he has shifted his focus from music to business. West’s Yeezy/Adidas collaboration has netted him a sizable fortune.
Kanye has earned at least $100 million per year from his various ventures in recent years. Royalties and other earnings related to his Yeezy brand and Adidas partnership have accounted for the vast majority of his earnings.
Yeezy owns his own Yeezy apparel line outright, but he receives a royalty on sales that exceed $1.5 billion per year. Yeezy is a $4-$5 billion brand, according to several private bank estimates. According to a March 2021 UBS valuation, Yeezy adds $3-4 billion to Kanye’s net worth. According to the same report, Kanye’s deal with The Gap adds another $1 billion to West’s net worth.
Kanye Omari West was born in Atlanta, Georgia on June 8, 1977. West moved to Chicago, Illinois, with his mother after his parents divorced when he was three years old. After meeting producer/DJ No I.D., who mentored him, he began experimenting with music there. In 1997, he was awarded a scholarship to the American Academy of Art, but he transferred to Chicago State University to study English. He eventually dropped out of school at the age of 20 to pursue a music career.
West began making beats for local artists after dropping out of college to hone his own style. In 1996, he received his first official production credit for Chicago rapper Grave’s debut album, Down to Earth. During this time, he also worked with Foxy Brown, Deric “D-Dot” Angelettie, and Harlem World.
West’s big break came in 2000, when he began working as a producer for Roc-A-Fella Records, where he worked with artists such as Ludacris, Alicia Keys, and Janet Jackson. His work on Jay-2001 Z’s album The Blueprint sparked significant interest in West’s abilities as a producer. His production credits from this time period include Jay-Z, Beyoncé, John Legend, Alicia Keys, and Janet Jackson, among others.
Despite his success as a producer, West’s primary ambition was to become a rapper. After being denied a contract with Capitol Records, he persuaded the head of Capitol Records to sign him to Roc-A-Fella Records in 2001.
West has long expressed an interest in fashion, and his 2009 Air Yeezys sneaker made him the first non-athlete to sign a shoe deal with Nike. He has also collaborated on footwear designs with Louis Vuitton, Bape, and Giuseppe Zanotti. He also debuted two clothing lines during Paris Fashion Week in 2011 and 2012.
Adidas officially announced its new shoe collaboration with West in December 2013. The “Light Brown” Yeezy Boost 750 sneaker was first released on February 14, 2015, exclusively on the Adidas mobile app to those in New York City, and sold out in 10 minutes. As of December 2017, the Adidas and Yeezy sneaker collaboration had a total of 19 colours and 6 designs. West debuted Season 1 of his Yeezy clothing line with Adidas in 2015. Season 2 debuted later that year, and Season 3 debuted in February 2016.
Following the success of his early releases, Adidas announced in June 2016 a long-term contract with West. Kanye receives a 10% royalty on net Adidas revenues on average. In contrast to Adidas.com, he earns a high royalty on merchandise sold through his own website, YeezySupply.com. His average blended royalty rate is around 10%.
It should be noted that, as of this writing, Kanye owns 100 percent of the Yeezy apparel line outright.
Kanye established the record label and production company G.O.O.D Music with Sony BMG in 2004. “G.O.O.D.” stands for “getting out our dreams.” West, John Legend, Common, Big Sean, Pusha T, Q-Tip, Kacy Hill, and Teyana Taylor are among the artists signed to the label.
Kanye West Persoanl Life
From 2002 to 2008, West had an on-again, off-again relationship with designer Alexis Phifer, and from 2008 to 2010, he dated model Amber Rose.
In April 2012, he began dating reality star Kim Kardashian, and they married in May 2014. The couple has four children together.
- Is the richest black person in US history
- Has sold 140 million albums/singles in his career
- Owns $100 million worth of real estate
- Music catalog is worth $110 million
- Owns 100% of Yeezy
- Earns $150-$200 million in Yeezy royalties every year
- Yeezy’s enterprise value adds $3-5 billion to Kanye’s net worth
- Has a partnership with The Gap that’s worth $1 billion
- 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
Net Worth = $6.6 billion
Faq About Kanye West
Is kanye West a Billionaire 2022?
Ans: Kanye West is the richest rapper alive, with an estimated net worth of $2 billion thanks to his Yeezy empire, which has lucrative partnerships with adidas, Gap, and, most recently, Balenciaga. Apr 6, 2022.
With Whom kanye west dating?
Ans: In April 2012, he began dating reality star Kim Kardashian, and they married in May 2014. The couple has four children together.
How old is Kanye West?
Ans: 45 years old.