One thing about Kanye West is that he will ensure you understand his worth. In an interview with Hollywood Unlocked, the rapper clarified that he was not a “billion-dollar guy,” but a “ten-billion-dollar man.”
That’s because, as HipHopDX reports, Kanye West is selling off portions of his Wyoming assets, which are reportedly worth a small fortune.
“The Yeezy visionary has sold his Ripsaw EV2 combat vehicle to David “Heavy D” Sparks and David “Diesel Dave” Kiley, the Discovery Channel’s Diesel Brothers stars. Kanye West reportedly paid $500,000 for the tank, while it is unknown how much Sparks and Kiley paid for it. Sparks claims Ye “offered them a fantastic deal.”
Naturally, Kanye West was not in dire straits before these sales. The worth of his many commercial ventures — the majority of which derive from his Yeezy apparel line and partnerships — has elevated the rapper and producer of “808s and Heartbreak” to literal billionaire status.
He held shares in TIDAL and was alleged to have walked away with a small profit when Jay-Z completed the transaction. His multiple real estate transactions and other commercial ventures have netted him a small fortune.
That is not to mention his illustrious musical career. According to some estimates, Kanye West’s music vault includes the G.O.O.D. Music catalog — is worth about $100 million.
With 21 Grammy wins and 69 nominations, he is one of the world’s most successful performers. Additionally, he is widely regarded as one of the wealthiest self-made Black individuals in the United States today.
Even with all of these praises, we couldn’t help but wonder about West’s larger claims. How much money is he truly worth? How did he acquire it? And how much is he worth now?
How much is Kanye West’s net worth?
Kanye West revealed to Jason Lee of Hollywood Unlocked that he has a $10 billion net worth. Before this, Kanye West claimed to have a net worth of $6.6 billion (the same net worth that Celebrity Net Worth gives him).
Kanye West said that he’s worth $10 Billion on Hollywood Unlocked. pic.twitter.com/rU8LOUwXHM
— Networking The Streets 🌎 (@ntsmonopoly) January 29, 2022
However, Forbes reports that West has a net worth of $1.8 billion. Whichever figure you believe, he is still a millionaire.
Kanye West’s Commercial Ventures
Kanye West has been involved in many business enterprises, which AfroTech has covered throughout the years. Of course, the phenomenal success of his Yeezy fashion line is at the top of that list.
That is not to mention the man’s lengthy musical career. According to Forbes, his music portfolio — which includes the G.O.O.D. Music catalog — is worth between $90 million and $80 million.
According to Celebrity Net Worth, the Yeezy.com website is worth $100 million, and the Yeezy collaboration with the G.A.P. is expected to generate $1 billion in revenue. Without the G.A.P. agreement, the Yeezy brand is estimated to be valued at close to $5 billion.
Residential Real Estate
Kanye West is rumored to own real estate worth over $120 million. According to The New York Post, his most recent acquisition was a $4.5 million home placed directly across the street from his four children. The five-bedroom, four-bathroom home is located in Los Angeles’ Hidden Hills neighborhood.
Kanye West formerly owned a range of real estate, according to HouseBeautiful.
Other entrepreneurial endeavors and philanthropy
On the other hand, Kanye West is not in the business of making money. He also makes time to give back when possible.
He is the only proprietor of the Fatburger franchise in Chicago as the owner of K.W. Foods. However, Crain reports that the chain closed in 2011.
He held a 3% stock investment in TIDAL, which leads us to believe he made a tidy profit when the company was sold for slightly over $300 million.
And the rapper/entrepreneur is actively involved in humanitarian endeavors through his self-titled Kanye West Foundation.
He has aided in Hurricane Katrina recovery efforts, World Water Day, and Live Earth. Additionally, he has aided in the education of Black and Latino youngsters around the United States.