American rapper Kanye West has made a triumphant return to the billionaire’s club, with his net worth now standing at an impressive $2.77 billion USD. This new valuation, confirmed by West and Eton Venture Services, is primarily based on his music portfolio and the sole ownership of his highly successful YEEZY brand.
West’s comeback to the billionaire ranks follows a period of financial setback, when Forbes had declared that he lost his billionaire status due to his separation from Adidas. The Yeezy founder took to Instagram on Thursday night to announce his return to the prestigious club, revealing his current financial standing.
In October, Forbes reported that Kanye West had lost his billionaire status after Adidas ended its partnership with him following controversial remarks he made. At that time, Forbes estimated his worth at $400 million, with the valuation factoring in his real estate, cash holdings, music catalogs, and a stake in ex-wife Kim Kardashian’s shapewear brand. However, West disputed this figure, asserting that his true worth was $3 billion, further claiming that his Adidas partnership was worth $4.3 billion.
More recently, West has continued to showcase his financial prowess. Last week, he declared himself the G.O.A.T. (Greatest of All Time) after earning over $2 million in just 24 hours from his Yeezy website. The surge in sales followed the release of the $20 Yeezy SLPR, with West proudly sharing the earnings on Instagram, stating, “$2,339,096 in 24 hours.”
