JIUNGE NASI WHATSAPP TU FOLLOW. BONYEZA HAPA Kanye West Net Worth :American Rapper, Fashion Designer & Entrepreneur
Kanye West Net Worth :American Rapper, Fashion Designer & Entrepreneur. Kanye West, an American rapper, fashion designer, and entrepreneur, has a net worth of $400 million as of December 27, 2023 . His fortune includes cash, real estate, the value of his music catalog, and a 5% stake in his ex-wife Kim Kardashian West’s shapewear brand Skims . He lost his lucrative multi-year deal to design sneaker brand Yeezy for Adidas after making antisemitic comments . Other brands and companies that cut ties with West include Gap, CAA, and Balenciaga . Forbes had valued the Adidas deal at $1.5 billion . Without it, West’s fortune drops to $400 million .
According to Wealthy Gorilla, Kanye West’s net worth is estimated to be $500 million as of December 2023 . Celebrity Net Worth estimates his net worth to be $500 million as of June 2023
The Journey to Stardom:
Kanye Omari West was born on June 8, 1977 in Atlanta, Georgia. Following his parents’ divorce when he was three, West moved with his mother to Chicago, Illinois. There, he began experimenting with music after meeting producer/DJ No I.D., who mentored him. He received a scholarship to attend the American Academy of Art in 1997, but transferred to Chicago State University to study English. Eventually, he dropped out of school at age 20 to pursue his music career.
After dropping out of college, West began making beats for local artists while he honed his own style. His first official production credits were for the debut album of Chicago rapper Grave, Down to Earth, in 1996. Other artists he produced for during this period include Foxy Brown, Deric “D-Dot” Angelettie, and Harlem World.
Musical Triumphs and Ventures:
In 2000, West got his big break when he began to work as a producer for Roc-A-Fella Records, working with artists including Ludacris, Alicia Keys, and Janet Jackson. His work on Jay-Z’s 2001 album The Blueprint generated serious interest in West’s talents as a producer. His production credits from this time period include an impressive roll call of talent including Jay-Z, BeyoncĂ©, John Legend, Alicia Keys and Janet Jackson.
Despite his success as a producer, West’s main dream was to be a rapper. In 2001, he managed to convince the head of Capitol Records to sign him to Roc-A-Fella Records after being denied a contract with Capitol Records.
After a serious car crash in October 2002, where he shattered his jaw, West was inspired and recorded the song Through the Wire with his jaw still wired shut. This song laid the foundations for his debut album The College Dropout, which was leaked months before its scheduled release date in August 2003. West used the time to remix, remaster, and edit it, postponing its release three times. The College Dropout was eventually released in February 2004 to widespread critical acclaim, earning him 10 Grammy Award nominations, and eventually certified triple platinum in the US.
As he began working on his second album, West invested two million dollars into the production, even hiring a live string orchestra. Late Registration was released in August 2005, selling over 2.3 million units in the United States by the end of the year. His subsequent albums include Graduation (2007), 808s & Heartbreak (2008), My Beautiful Dark Twisted Fantasy (2010), collaboration album with Jay-Z Watch the Throne (2011), Yeezus (2013), The Life of Pablo (2016), Ye (2018), collaboration album with Kid Cudi Kids See Ghosts (2018), Jesus is King (2019), and Donda (2021).
West released the album Yeezus in 2013. The album reached #1 on the Billboard 200 chart as well as on the US R&B and US Rap charts and in four other countries. His album The Life of Pablo was released in 2016 and reached #1 on the Billboard 200 chart and #2 on the US Rap and US R&B charts. West’s single “FourFiveSeconds” (with Rihanna and Paul McCartney) reached #1 on the US R&B chart. In 2017 he was nominated for six Grammy Awards. His next album, Ye was released in June 2018. Unfortunately, Ye was the first album in Kanye’s career to not go platinum.
In addition to his own albums and releases, West has continued working as a producer and featuring artist for other musicians, including 6ix9ine, XXXTentacion, Lil Pump, Chance the Rapper, Kid Cudi, and Teyana Taylor. Other music-related projects he has pursued include his weekly “Sunday Service” orchestration with the Sunday Service Choir, where they have performed every Sunday since January 2019. He also collaborated with contemporary artist Vanessa Beecroft on two operas, Nebuchadnezzar and 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 |
| 2021 | $100,000,000 |
| 2022 | $100,000,000 |
| Total: | $637,000,000 |
(Photo by Kevork Djansezian/Getty Images)
Yeezy
West has long expressed his interest in fashion, and was the first non-athlete to score a shoe deal with Nike with his 2009 Air Yeezys sneaker. He has also designed footwear with Louis Vuitton, Bape, and Giuseppe Zanotti. Additionally, he released two clothing lines at Paris Fashion Week in 2011 and 2012.
In December 2013, Adidas officially announced its new shoe collaboration deal with West. The Yeezy Boost 750 sneaker in “Light Brown” was first released on February 14, 2015, exclusively available on the Adidas mobile app to those in New York City, and sold out within 10 minutes. As of December 2017, a total of 19 colors and 6 designs had been released in the Adidas and Yeezy sneaker collaboration. In 2015, West premiered Season 1 of his Yeezy clothing line with Adidas. Season 2 quickly followed later that year, with Season 3 in February 2016.
Following the success of his early releases, Adidas announced a long-term contract with West in June 2016. On average Kanye earns a 10% royalty on net revenues from Adidas. He earns a high royalty for merchandise sold through his own website YeezySupply.com, as opposed to Adidas.com. His blended average royalty rate is around 10%.
It should be noted that Kanye owns 100% of the Yeezy apparel line outright as of this writing.
G.O.O.D Music
In 2004 Kanye founded the record label and production company G.O.O.D Music with Sony BMG. “G.O.O.D” is an acronym for “getting out our dreams.” Artists signed to the label include West himself, John Legend, Common, Big Sean, Pusha T, Q-Tip, Kacy Hill and Teyana Taylor.
Other Assets and Philanthropy
He also owns the company KW Foods LLC., which owns the rights to the Fatburger fast-food chain in Chicago. In January 2012, West announced the establishment of DONDA, a creative content company named after his late mother Donda West. Additionally, West is a co-owner of the music streaming service Tidal, along with other music artists such as Jay-Z, Rihanna, Madonna, Chris Martin, and Nicki Minaj. Most of the stakeholders involved own a 3% equality stake.
His philanthropic ventures include the Kanye West Foundation, which benefits education for African American and Latino children, in addition to contributing time, talent and money to Hurricane Katrina relief, World Water Day, and Live Earth, among other organizations. And in June 2020 in wake of the George Floyd murder, Kanye donated $2 million split between the Floyd family and other victims of police brutality, Ahmaud Arbery and Breonna Taylor.
Real Estate
Kanye West owns around $100 million worth of real estate in the United States (land, buildings, and homes). Below is a rundown of his most notable real estate purchases and sales.
During their marriage, Kim/Kanye’s primary residence was an expansive estate in the LA suburb of Hidden Hills, California. This estate consists of multiple connected parcels, the first of which were acquired in 2014 in two separate transactions for $23 million. The first iteration of their property featured a newly-built mansion on 4.5 acres. The couple proceeded to spend millions of dollars over several years customizing, re-arranging, and expanding the home. In 2019 they expanded their estate with two separate transactions for neighboring properties to create a conjoined 7.5-acre behemoth. A staggering $28.5 million has been spent on real estate transactions alone to create the Hidden Hills estate. Tens of millions more have been spent on renovations. The Hidden Hills estate’s current assessed value is north of $60 million. In September 2021 Kim paid Kanye $23 million to officially transfer the property into her name. Roughly $3 million of that amount went to the home’s interior contents.
In September 2021 Kanye paid $57.3 million for a beachfront home in Malibu. The home, which was designed by Tadao Ando, was built in 2013 for a Wall Street tycoon named Richard Sachs. Sachs spent seven years gathering permits and completing the construction. The finished home is 4,000 square feet and is made of 1,200 tons of concrete, 200 tons of steel and 12 pylons driven 60 feet into the sand. Sachs put the home on the market in 2020 for $75 million. Kanye never moved into the home. He put it on the market in December 2023 for $53 million. According to the listing agent, buyers will need to be prepared to spend “several million dollars” to make the house livable after Kanye’s construction projects which were never completed. Here is a drone video tour of the Malibu mansion:
Other real estate assets include:
- A 320-acre estate on Stokes Canyon Road in Calabasas that is worth $16 million. This is where his Sunday Services have been held and where he attempted to build a series of domed structures before being shut down by the LA County building commission for permit issues.
- A 6,700-acre ranch called Bighorn Mountain Ranch in Wyoming – $15 million
- A 1,400-acre ranch called The Monster Lake Ranch – $14 million
- A $2 million commercial property in Cody, Wyoming
- Kanye West also owns his childhood home in Chicago, and in 2023, finished restoring it.
Kanye west Personal Life
West had an on-and-off relationship with designer Alexis Phifer that lasted from 2002 to 2008, and he dated model Amber Rose from 2008 to 2010. He began dating reality star Kim Kardashian in April 2012, and they were married in May 2014. Together, the couple have four children. In January 2023, it was reported that Kanye and Australian architect Bianca Censori were married informally in a private ceremony in Beverly Hills.
In October 2021, Kanye had his request granted to change his legal name to “Ye.”
Kanye West Net Worth 2019
Below is the calculation we used to determine Kanye West’s 2019 net worth of $600 million:
Assets:
- Real estate assets = $120 million
- Music catalog including G.O.O.D Music = $80 million
- Value of Yeezy brand = $500 million
- Other assets = $20 million
Total assets = $720 million
Liabilities and other considerations = $100 million
2019 Net Worth = $600 million (with a conservative $20 million error margin)
FAQ About Kanye West Net Worth
Who is the richest Jay Z or Kanye West?
- Pharrell Williams: US$250 million. …
- Eminem: US$250 million. …
- Drake: US$250 million. …
- Kanye West: US$400 million. …
- Berner: US$410 million. …
- Dr Dre: US$500 million. …
- Diddy: US$850 million. …
- Jay Z: US$2.5 billion.
The answer is Jay z is the Richest than Kanye west
Who is the richest rapper of all time?
His reality TV show “Making the Band” was one of MTV’s greatest shows, and his music has earned him countless awards, including 12 Grammys. Topping the list with a net worth of $2.5 billion, rapper Jay-Z is the wealthiest rapper in the world.
Is Kanye still a billionaire?
Joining this unfortunate group is none other than the one and only Kanye West. Once proud and happy to be on the list of Forbes billionaires, Ye has now lost a staggering $1.6 billion in net worth, bringing his total to a measly $400 million.
Who is Kanye West new wife?
Kanye West and Bianca Censori married in December 2022
Why did Adidas cancel Yeezy?
In a statement to The Times, Adidas said it “has no tolerance for hate speech and offensive behavior, which is why the company terminated the Adidas Yeezy partnership.” The brand turned down interview requests and, citing confidentiality rules, declined to comment on financial aspects of the collaboration and Adidas’s
Who owns Yeezy?
Ownership and Collaboration: Yeezy started as a collaboration between Adidas and Kanye West, with West owning the brand and Adidas handling production, marketing, and distribution. After the collaboration ended, Adidas owned all aspects of Yeezy except the brand name.
How many times has Kanye West been married?
Kanye West has been married to two women. His first marriage was to fashion designer and reality TV star, Kim Kardashian. They got married in 2014 and filed for divorce in 2021. Prior to Kim Kardashian, Kanye was married to his longtime girlfriend, fashion stylist, and designer, Alexis Phifer
