Kanye West Net Worth:$6 Billion
|Net Worth:||$6 Billion|
|Date of Birth:||Jun 8, 1977 (44 years old)|
|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|
Kanye West is an American producer, rapper, fashion designer, and entrepreneur. Kanye West has a lucrative multi-year deal to design sneaker brand Yeezy for Adidas. In June 2020, he partnered with Gap on a line of West’s Yeezy clothing designed for the retail giant.
Sales of the Yeezy Gap clothing reportedly hit $1 billion in the first year and led to a higher-end line called Yeezy Gap Engineered By Balenciaga. In 2022, Kim Kardashian and West finally divorced after earlier rumours of split.
Kanye West net worth 2022:
Kanye West’s net worth is $6 billion. He is one of the the top 3 richest self-made black people in US history.
Kanye gained widespread fame upon the release of his 2004 album The College Dropout. Today he is one of the most successful and awarded musicians on the planet with 21 Grammy wins out of 69 nominations.
In recent years he has focussed away from music towards the business world. His Yeezy/Adidas partnership has earned West a sizable fortune.
In recent years Kanye has earned at least $100 million per year from his various endeavors. The vast majority of his earnings have come from royalties and other earnings related to his Yeezy brand and Adidas partnership.
Yeezy separately owns his own Yeezy apparel line outright 100% but earns a royalty on the sales which are above $1.5 billion per year. As per many private bank estimates, Yeezy is a $4 – $5 billion brand. In March 2021, a UBS valuation estimated that Yeezy adds $3-4 billion to Kanye’s net worth bottom line. The same report estimates Kanye’s deal with The Gap adds another $1 billion to West’s net worth.
Kayne west net worth highlights
- West Is the richest black person in US history
- Kayne Has sold 140 million albums/singles in his career
- Kayne west Owns $100 million worth of real estate
- Kayne Music catalog is worth $110 million
- Kayne Owns 100% of Yeezy
- Kayne west Earns $150-$200 million in Yeezy royalties every year
- Yeezy’s enterprise value adds $3-5 billion to Kanye’s net worth
- Has a partnership with The Gap that’s worth $1 billion
- Real estate assets = $120 million
- Music catalogue including G.O.O.D Music = $80 million
- Yeezy.com website = $100 million
- Value of Yeezy brand = $4-5 billion
- Value of Gap partnership = $1 billion
- Cash, equities and other assets = $400 million
Total assets = $6-6.5 billion
Liabilities = $100 million
Net Worth = $6 billion
Kayne West Car collection:
Kanye successfully angered a lot of car fans when with the help of Jay Z years ago the two cut up a Maybach57 in the music video Otis. It also featured some interesting Mad Max-inspired fabrications like flared out fenders. This was purely to show how much money he had that the man could break something so expensive without a care.
Kanye loves Lamborghinis. He was first seen with white Gallardo, which we believe is an LP560-4. It has a naturally-aspirated V10 and can come with a manual transmission.
Kanye traded up for an AventadorLP700-4 with a matte black exterior. This supercar pushes over 700-horsepower from a V12 and is one impressive machine.
Kanye is a big Lambo fan. Since he has a growing family it only makes sense he’d grab a Lamborghini Urus, the first SUV the Italian bull has made in a long time.
Aston Martin DBS
Like with so many of the rapper’s cars, Kanye has been spotted in this beautiful Aston Martin DBS only once.
Porsche Panamera Turbo
Several years ago, Kanye West was spotted with Kim Kardashian riding in as well as driving this Porsche Panamera Turbo in Paris.
Porsche 991 Carrera
It’s obvious Kanye is a fan of Porsches since he was seen with quite a few. One of them is a newer 911 Carrera from the 991 generation.
Mercedes-Benz SLR McLaren
An impressive vehicle with over 600-horsepower and a value that continues to climb over time. The fact these have iconic gullwing doors certainly adds to their appeal.
Mercedes-Benz SLR McLaren Stirling Moss
The dramatic design is roofless but also doesn’t include a windshield. There are, however, roll hoops for the driver and passenger.
Kanye West Net Worth 2021
Below is the calculation we used to determine Kanye West’s 2019 net worth of $600 million:
- Real estate assets = $120 million
- Music catalog including G.O.O.D Music = $80 million
- Value of Yeezy brand = $3-4 billion
- Other assets = $20 million
Total assets = $4.5 billion
Liabilities = $100 million
Net Worth 2021 = $4.5 villion (with a conservative $20 million error margin)
Kayne West Wiki:
|Born||Kanye Omari West|
June 8, 1977 (age 44)
Atlanta, Georgia, U.S.
|Other names||Saint PabloYe,YeezusYeezyLouis Vuitton Don|
|Education||Chicago State University (no degree)|
|Occupation||Rapper,songwriter,record producer,fashion designer,entrepreneur|
|Political party||Independent / Birthday Party|
|Republican (voter registration)|
|Spouse(s)||Kim Kardashian(m. 2014; div. 2022)|
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. He started experimenting with music after meeting producer DJ No I.D., who tutored/guided him. He received a scholarship to attend the American Academy of Art in 1997, but moved 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.
Kayne West Rise to Fame and Music Career
In 2000, West got his break when he started 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 huge 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, Beyoncé, John Legend, Alicia Keys and Janet Jackson.
Despite his success as a producer, West wanted 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 finally released in February 2004 to widespread critical acclaim, earning him 10 Grammy Award nominations, and eventually certified triple platinum in the US.
As he started working on his second album, West invested $2 million 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), and Jesus is King (2019).
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.
West had long expressed his interest in fashion, and was the first non-athlete to have a shoe deal with Nike with his 2009 Air Yeezys sneaker. Kayne 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 mixed average royalty rate is around 10%.
Kanye owns 100% of the Yeezy apparel line outright as of this writing.
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. Also, 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.
Kanye West House & Real Estate:
Kanye West owns around $160 million worth of real estate in the US (land, buildings, and homes).
The Kim/Kanye primary residence is an expensive propertty 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.
Their 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 spent $57.3 million for a beachfront home in Malibu.
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
In total, he owns $150 million worth of California real estate and $30 million in Wyoming real estate, for a total of $120 million that’s in the public record.
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.
Kanye West’s net worth is $6.6 billion. He is arguably the most influential musical artist of the last several decades. He has also branched out to philanthropic efforts and a fashion empire through his Yeezy brand.