Kanye West’s net worth has increased now that he is reportedly worth more than $6.6 billion due to his collaboration with Adidas and other business ventures. The new milestone makes him the richest Black man in America.
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West’s Yeezy brand is currently at a value between $3.2 billion and $4.7 billion and could increase by the summer due to the anticipated collaboration with The Gap. According to PEOPLE, his latest project with the contemporary fashion brand could bring in an estimated $970 million and he has $112 million in cash along with $110 million from his music. West also has a stake in estranged wife Kim Kardashian’s brand SKIMS which is currently worth $1.7 billion.
The outlet also added that Forbes reported in April 2020 that the rapper was worth $3 billion despite a previous story where they said he was worth $1.3 billion. West corrected the error in a text message to one of the editors and said “It’s not a billion. It’s $3.3 billion since no one at Forbes knows how to count.”
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West also has full control of his Yeezy brand and is signed to work with The Gap for 10 years and his Adidas contract will continue until 2026.