After Forbes valued him at $2 billion, Ye claims that the magazine is undermining his $7 billion net worth.
According to Forbes, Kanye West has a net worth of $2 billion dollars. Kanye West is a self-made millionaire thanks to his Yeezy clothing line but seems to have discontent with Forbes. Kanye West is rather wealthy, but he is upset that Forbes is underrating his hard work and assets.
On its star-studded list, the magazine lists West’s real-time net worth as $2 billion, but insiders tell The Blast that West is truly worth $7 billion.
Kanye West is now worth $2 Billion Dollars, per Forbes‼️😳💰 pic.twitter.com/PeeczZmNis
— RapTV (@raptvcom) April 5, 2022
As you may be aware, Kanye has a lucrative partnership with Adidas that accounts for a significant percentage of his net worth. He also has a huge contract with GAP, where he produces and designs apparel for the retailer. Remember, West is also one of the most successful artists and producers in the industry, allowing him to amass even more cash. In its first year, the Yeezy Gap apparel partnership generated $1 billion in sales, and a new line, Yeezy Gap Engineered by Balenciaga, will be unveiled later this year.
ACCORDING TO @forbes YEEZY GAP REPORTEDLY HIT $1 BILLION DOLLARS IN SALES IN YEAR ONE #YEEZYGAP pic.twitter.com/nGSVMuNmw3
— YZY GAP (@yeezygap_) April 5, 2022
West is one of a number of celebrities who has made the Forbes Billionaires List. He is followed by Oprah Winfrey, who is worth $2.6 billion, and his ex-wife Kim Kardashian, who is worth $1.8 billion.
Recently, Kanye West and Jay-Z have won the Grammy Award for Best Rap Song for “Jail” at the 2022 Grammy Awards. DMX (“Bath Salts”), Saweetie (“Best Friend”), Baby Keem (“Family Ties“), and J. Cole (“My Life”) were all nominated, but the Donda tune won out. For “Hurricane,” which he co-wrote with the Weeknd and Lil Baby, West was named Best Melodic Rap Performance. Jay-Z and Kanye West have a total of 24 Grammys between them.
This isn’t the first time Kanye has voiced his dissatisfaction with Forbes. After the magazine named him a billionaire in 2020, West allegedly wrote a text message to the publisher questioning their assessment of his net worth. West was dissatisfied with their investigation and results, claiming that his net worth is closer to $3.3 billion than the $1.26 billion they assessed. West allegedly texted the publication, ‘It’s not a billion.’ ‘It’s $3.3 billion, since no one at Forbes knows how to count.’