Kanye West Is Now Officially a Billionaire

Kanye West is a billionaire, and he wants the world to know.

After months of requests, the hip-hop superstar shared his financial records with Forbes.


"There’s only one number that West cares about. A billion, as in dollars. And he cares a lot,” writes the magazine.



When Forbes released its annual billionaires list earlier this month, West was absent. “You know what you’re doing,” he texted.


"You’re toying with me and I’m not finna lye [sic] down and take it anymore in Jesus name.”


He also claimed Forbes was “purposely a part of a group of media” that was trying to undervalue his self-made success because of his race.


So he decided to make it official. On Thursday, West told his team to provide Forbes with “what we feel is an authentic numeric look into Kanye, Inc.”


He claims in his words and through paperwork that he’s worth more than $3 billion.



West owns 100% of Yeezy, which is contractually tied to adidas for at least five-plus years. The Yeezy apparel division is not believed to make money. Based on documents, Forbes estimates the final revenue number for the shoes is closer to $1.3 billion.



Kanye’s statement of assets supplied by his team lists just $17 million in cash and $35 million in stocks.


The largest assets are $81 million in “buildings and improvements” and $21 million in land, including the Hidden Hills mansion he shares with his wife Kim Kardashian and four children, and a pair of $14 million Wyoming ranches. Documents reveal West’s G.O.O.D. Music label, his own recorded music, and publishing rights to be worth at least $90 million.



In the end, Forbes estimates Kanye’s current net worth at $1.3 billion, $300 million more than his sister-in-law Kylie Jenner and JAY-Z, who was declared hip-hop’s first billionaire in 2019.

Still, Kanye claims he’s worth triple that amount. “It’s not a billion,” he texted Forbes last night. “It’s $3.3 billion since no one at Forbes knows how to count.”