Kanye West’s worth is now $6.6 billion, he’s the richest Black man ever

Miu von Furstenberg 4 Min Read
4 Min Read
Kanye West
Kanye West meets with US President Donald Trump in the Oval Office of the White House in Washington, DC, October 11, 2018. (Photo by SAUL LOEB / AFP) (Photo credit should read SAUL LOEB/AFP via Getty Images)

Kanye West’s net worth has now been revealed and he’s said to be worth a whopping $6.6 billion – making him the wealthiest black man in American history!

The 43-year-old’s worth is led by his Yeezy line which is now in partnership with Adidas AG and Gap Inc, with the business valued between $3.2 billion and $4.7 billion.

According to Bloomberg, the upcoming collaboration between Yeezy and Gap – which is set to hit stores this summer – “could be worth as much as $970 million of that total.”

Kanye West 2019 FGI Night Of Stars Gala
Kanye West attends the 2019 FGI Night Of Stars Gala at Cipriani Wall Street on October 24, 2019 in New York City. (Photo by Dimitrios Kambouris/Getty Images)

As well as having $1.7 billion in other assets, West has $110 million from his music catalogue and $122 million in cash.

Although he has sole ownership and creative control over his Yeezy brand, Kanye signed a 10-year deal to design and sell clothes for men, women and kids under the Yeezy Gap label in 2020. The partnership is set “to break $150 million in sales in its first full year in 2022.” For the brand's collaboration with Adidas, it will come to an end in 2026.

Kanye West MAC & Carine Roitfeld - LE BAL - Paris Fashion Week Womenswear Spring / Summer 2013
Kanye West attends LE BAL hosted by MAC and Carine Roitfeld as part of Paris Fashion Week Spring / Summer 2013 at Hotel Salomon de Rothschild on October 2, 2012 in Paris, France. (Photo by Getty Images)

Back in April 2020, the father of four divulged that he was worth more than $3 billion. After Forbes revealed that his wealth was much lower than his claim, he allegedly texted the magazine, “It's not a billion. It's $3.3 billion since no one at Forbes knows how to count.”

In 2019, Kanye's net worth was estimated just to be $240 million. It made him the fourth wealthiest hip-hop star after Sean “P. Diddy” Combs, who was worth $740 million, Dr. Dre with his $800-million worth, and Jay-Z who secured the first rank with his $1-billion net worth.

Kanye West 2015 MTV Video Music Awards - Fixed Show
Kanye West onstage during the 2015 MTV Video Music Awards at Microsoft Theater on August 30, 2015 in Los Angeles, California. (Photo by Getty Images)

Gap believes the collaboration will become a billion-dollar brand within eight years and could bring in $1 billion by 2023.

“I spoke to Yeezy last night and he’s very, very focused on this incredible opportunity,” said Gap’s CEO Sonia Syngal when providing an update on the line earlier this month.

Kanye West Fast Company Innovation Festival - Day 3 Arrivals
Kanye West attends the Fast Company Innovation Festival – Day 3 Arrivals on November 07, 2019 in New York City. (Photo by Brad Barket/Getty Images for Fast Company)

Kanye has been showing off pieces from the collaboration as far back as July of last year. Yeezy Gap is expected to offer co-branded apparel for men, women, and children when it hits store shelves this year.

News of Kanye’s worth comes days after his 22nd Grammy win for Best Contemporary Christian Music Album for his LP Jesus Is King. It also comes amid his break-up with Kim Kardashian, who filed for divorce last month.

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