Kanye West Net Worth:
$6.6 Billion
Compare Kanye West’s Net Worth
Kanye West
| Net Worth: | $6.6 Billion |
| Date of Birth: | Jun 8, 1977 (45 years old) |
| Gender: | Male |
| 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 |
How much is Kanye West worth?
Kanye West, an American rapper, fashion designer, and entrepreneur, is Kanye West. Kanye West has a net worth of $6.6 billion as of the time this article was written. He is the third richest black person to have self-made in American history.
After the 2004 release of The College Dropout, Kanye became a household name. He is today one of the most highly-regarded and awarded musicians in the world, with 21 Grammys out of 69 nominations. He has shifted his focus from music to the business world in recent years. West has a significant fortune thanks to his Yeezy/Adidas partnership.
Kanye has been able to make at least $100 million per annum from his many ventures in recent years. Most of his earnings come from royalties and other earnings-related to his Adidas and Yeezy brands.
Yeezy owns his Yeezy apparel brand 100%, but he earns a royalty from the sales which exceed $1.5 billion annually. According to some private bank estimates, Yeezy is a brand worth $4-$5 billion. A UBS valuation in March 2021 estimated that Yeezy would add $3-4 billion to Kanye’s net worth. The same report also estimates that Kanye’s deal with The Gap will add $1 billion to West’s net worth.
FACTS KEY
- Is there a black American who is the most successful in US history?
- He has sold over 140 million albums/singles during his career
- Real estate worth $100 million
- Music catalog worth $110 Million
- 100% ownership of Yeezy
- Every year, Yeezy’s royalties amount to $150-$200 million
- Kanye’s net worth is $3-5 billion more due to Yeezy’s enterprise valuation
- A partnership with The Gap worth $1 billion
We have taken into consideration the following assets as well as liabilities when evaluating Kanye West’s net worth:
Assets:
- Real estate assets = $120 million
- Music catalog including G.O.O.D Music = $80 Million
- Website Yeezy.com = $100 Million
- Value of Yeezy brand = 5 billion
- Gap Partnership Value = $1 Billion
- $400 million Cash, equities, and other assets
Total assets = $6.7 Billion
100 million in liabilities and other considerations
Net Worth = $6.6 Billion
Career Starts and Early Life
Kanye Omari was born in Atlanta, Georgia on June 8, 1977. After his parents divorced when he was three years old, West moved to Chicago with his mother. After meeting DJ No I.D. (producer), West began to experiment with music. In 1997, he was awarded a scholarship to the American Academy of Art. He then transferred to Chicago State University to learn English. He dropped out of school at 20 to pursue his musical career.
West dropped out of college and began producing beats for local artists while developing his sound. In 1996, West’s first production credit was for the debut album by Chicago rapper Grave, down to Earth. He also produced for Harlem World, Foxy Brown, and Deric “Dot” Angelettie during this time.
Music Career and Fame
West’s big break came in 2000 when he started working as a producer at Roc-A-Fella Records. He worked with Janet Jackson, Alicia Keys, and Ludacris. Jay-Z’s 2001 album The Blueprint attracted serious attention to West’s skills as a producer. He produced many notable artists during this period, including Jay-Z and Beyonce.
Although he was a successful producer, West wanted to be a rapper. After being denied a contract by Capitol Records, he convinced the head of Capitol Records in 2001 to sign him to Roc-A-Fella Records.
After suffering a severe car accident in October 2002 that left him with a broken jaw, West became inspired to record the song Through The Wire while his jaw was still closed. This song was the basis for his debut album The College Dropout. It was leaked months before its release date, August 2003. West spent the time to edit, remix, remaster and edit it. This delayed its release by three times. The College Dropout was finally released in February 2004 to wide critical acclaim. He received 10 Grammy Award nominations and was eventually certified triple platinum in America.
West spent two million dollars on his second album and even hired a live orchestra as he was beginning to work on it. The album L ate registration was released on August 5, 2005, and sold more than 2.3 million copies in the United States by year’s end. His next albums were Graduation (2007) and 808s & Heartbreak (2008). My Beautiful Dark Twisted Fantasy (2010) was a collaboration album with Jay-Z.
In 2013, West released the album Yahtzee. The album peaked at #1 on the Billboard 200 charts, as well as the US R&B/US Rap charts, and in four additional countries. His album The Life of Pablo, which was released in 2016, reached #1 on Billboard 200 and #2 on US Rap and US R&B charts. West’s hit single “FourFiveSeconds”, which he sang with Rihanna, and Paul McCartney, reached #1 on the US R&B charts. He was nominated six times for Grammy Awards in 2017. In June 2018, his next album, Ye, was released. Unfortunately, Ye wasn’t the first album Kanye released that didn’t go platinum.
West continues to produce and feature other artists, such as 6ix9ine and XXXTentacion. His weekly Sunday Service orchestration with Sunday Service Choir has been a part of his music-related projects since January 2019. He collaborated with contemporary artist Vanessa Beecroft to create two operas, Nebuchadnezzar as well as Mary.
| Kanye West Earnings By Year: | |
| Year | Earnings |
| 2007 | $17,000,000 |
| 2008 | $30,000,000 |
| 2009 | $25,000,000 |
| 2010 | $12,000,000 |
| 2011 | $16,000,000 |
| 2012 | $35,000,000 |
| 2013 | $20,000,000 |
| 2014 | $30,000,000 |
| 2015 | $22,000,000 |
| 2016 | $18,000,000 |
| 2017 | $22,000,000 |
| 2018 | $90,000,000 |
| 2019 | $100,000,000 |
| 2020 | $200,000,000 |
| Total: | $437,000,000 |
Yeezy
West has always expressed an interest in fashion and was the first person to sign a Nike shoe deal for his 2009 Air Yeezys sneaker. He has also worked with Bape, Louis Vuitton, and Giuseppe Zanotti on footwear designs. He also launched two clothing lines during Paris Fashion Week in 2011 and 2012.
Adidas announced in December 2013 its new partnership with West. The Yeezy Boost 750 sneakers in “Light Brown”, which were first released in February 2015, were sold out in a matter of minutes. There were 6 designs and 19 colors in total for the Adidas and Yeezy sneaker collaboration as of December 2017. In 2015, West released Season 1 of the Yeezy clothing line. Season 2 was quickly followed by Season 3 later in the year. Season 3 came out in February 2016.
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