Kanye West, who has won 22 Grammys in his music career, has managed to pick up five nominations again at the awards this year.
Despite getting a nod from the awards, the organisers announced last week that Kanye would not be allowed to perform at the 2022 awards due to his recent “erratic and troubling public behaviour,” according to an insider.
He might have been snubbed by the Grammys, but this of course does nothing to diminish the rich musician’s massive fortune.
Previously, Kanye has claimed he wasn’t just a “billion-dollar man” but a $10billion (£7.6billion) man, during an interview on Hollywood Unlocked.
This might be an exaggeration, but he is still considered one of the richest self-made Black men in the US today. Here’s what Kanye West is really worth and how he made his fortune.
What is Kanye West’s real net worth?
Before claiming he was worth $10billion, Kanye West has said he was worth $6.6billion (£5billion), which is the same net worth that Celebrity Net Worth estimates he has.
However, according to Forbes, Kanye’s net worth is less, but still over a billion, at $1.8billion (£1.4billion). Whether $10 billion or just over one billion, bottom line is that the rapper is a billionaire.
How did Kanye West earn his fortune?
(Image: GETTY)
Kanye West’s impressive music career accounts for a large part of his net worth. Certain valuations of West’s music catalog place the at nearly $100million (£76million), with Forbes placing it at $90million (£68million).
The rapper also earns a lot of wealth from his fashion brand Yeezy, with the website thought to have a value of $90 million (£68million) and the Yeezy x GAP partnership projected to be $1 billion ( £761 million), according to Celebrity Net Worth. The Yeezy brand on its own is estimated to be worth near $5 billion( £3.8 billion).
He also earned equity shares in TIDAL and is sure to have racked up a small fortune have Jay-Z finalised its sale.
Aside from what he earns from music and fashion, Kanye’s real estate assets are thought to be worth more than $120 million (£91 million).
According to the New York Post, he recently purchased a $4.5 million (£3.4 million) home – with five bedrooms and four bathrooms – just across the street from his four children in the Hidden Hills district of Los Angeles.
He reportedly owns a range of properties including a $60 million (£45 million) mansion in Calabasas, two acres of property in La Quinta worth $6.3 million (£4.7 million), the Houston St. apartment in NYC worth between three and four million dollars.
He also boasts a $15 million (£11million) ranch in Wyoming – parts of which he has reportedly been selling off to add to his sprawling wealth as well.
Source: Celebrities - dailystar.co.uk
