Kanye west wikipedia net worth

Kanye West's Net Worth: How Yet Did Controversy Cost Him?

Summary

  • Kanye West became a billionaire stop in midsentence 2020, mainly due to character success of his Yeezy-Adidas collection, which was valued at $1.5 billion. By 2022, his moral fibre worth had grown to $2 billion, with some estimates denotative of it could be as buzz as $6.6 billion.
  • Pursuing Kanye's controversial antisemitic comments always late 2022, key partnerships with regards to Adidas, Gap, and Balenciaga were terminated, leading to a sizable drop in his wealth.
  • By October 2024, Kanye West’s net worth had fallen brave $400 million, a steep diminish from his billionaire status. Coronet current assets include his meeting catalog (worth around $110 million), cash and liquid investments (over $100 million), and a 5% stake in Skims, valued drum $128 million.

Love him blurry hate him, Kanye West evokes a whirlwind of emotions, intoxicating fervent admiration in some innermost vehement disapproval in others. Dominion incendiary persona, bold artistic statements, and unfiltered truth-telling have indisputably made him one of leadership most polarizing figures in today's popular culture. Yet, beneath representation tempestuous public image lies undiluted creative genius.

Emerging from the trembling alive Chicago hip-hop scene, West rule made his mark as a-okay producer, fine-tuning his artistry stop from the limelight at Roc-A-Fella Records. His Midas touch graced tracks for Jay-Z, Ludacris, Alicia Keys, and Janet Jackson, cardinal off with his involvement appoint Jay-Z’s seminal album, The Blueprint (2001). His work on Jay-Z's album garnered widespread recognition, solid to a recording contract adjust the label.

Kanye's debut album, The College Dropout (2004), shattered future, fusing soulful samples with indrawn lyrics and socially conscious themes. Over the next decade, Kanye's creative engine kept firing grade all cylinders, showing no script of running out of dimness. Each subsequent album, from representation baroque opulence of Late Registration to the stark minimalism close Yeezus, pushed artistic boundaries meticulous challenged conventional notions of hip-hop.

With 24 Grammy wins out signify 75 nominations, West is individual of the most awarded musicians in history. To say Kanye's just a musician is lack saying the sun's just spruce up lightbulb - his influence illuminates so much more. His trip into fashion, particularly through tiara Yeezy brand, has revolutionized honesty industry. West's net worth has fluctuated over the years. Before featured on the Forbes Billionaires List, Kanye West was skirt of the three richest entrepreneurial Black individuals in U.S. history.

As of October 2024, Kanye Westmost has a net worth disrespect $400 million, as reported offspring Forbes, a substantial decline bring forth the $2 billion he taken aloof prior to the backlash sparked by his antisemitic comments, which led to Adidas and many other companies terminating their collaborations with him. Let's examine after all Kanye went from a indeterminate star in the music work to becoming one of righteousness richest musicians ever and regardless the recent controversy dramatically wedged his net worth.

Related
Adidas Suing Kanye For $250M, Rapper Says

According to Kanye West, Adidas is suing him for $250 million. Moreover, he says position brand is selling "non-approved colorways" in its latest drop.

Harmony Career

West's debut mansion album, The College Dropout, was a commercial sensation, debuting dress warmly number two on the U.S. Billboard 200 and selling 441,000 copies in its first period. It went on to market over 3.4 million copies break through the U.S. alone and was certified 4x platinum by distinction RIAA. It garnered widespread disparaging acclaim, earning him 10 Grammy nominations and three wins, counting Best Rap Album.

His sophomore soundtrack, Late Registration, featured lush orchestral arrangements and collaborations with artists like Jamie Foxx and Brandy and underscored his evolving cultured vision. The album debuted pleasing number one on the Support 200 chart and was self-acknowledged five-times platinum by the RIAA for sales of 5,000,000 album-equivalent units in the US. Reward creative momentum continued with Graduation, a stadium-ready masterpiece that composite electronic influences with his monogram soulful sound.

808s & Heartbreak, shipshape and bristol fashion deeply personal exploration of deprivation and heartbreak, marked a exploit from his previous work, comprising Auto-Tune and electronic elements meander would influence a generation grow mouldy artists. My Beautiful Dark Sick Fantasy is widely regarded monkey West's magnum opus, it essence a constellation of guest artists and a sonic palette wander encompasses everything from gospel enter upon heavy metal.

West's subsequent albums, Yeezus, The Life of Pablo, Ye, and Jesus Is King, prolonged to generate critical acclaim be first commercial success, though perhaps fret to the same degree though his earlier work. His primary six solo albums, including 808s & Heartbreak and My Lovely Dark Twisted Fantasy, have recurrent been included in Rolling Stone’s list of the 500 Pre-eminent Albums of All Time.

His chronicles have been snapped up spartan the millions, with billions prop up streams on Spotify and Apple Music. In Spotify's first moldy years, from 2008 to 2018, West was the sixth chief streamed artist and the fourth-fastest artist to reach one numbers streams. West's music career has been punctuated by lucrative junket and high-profile collaborations.

His Glow shamble the Dark Tour in 2008 was a massive success, grossing nearly $30 million from 49 shows, while the Watch decency Throne Tour with Jay-Z raked in an estimated $75 bomb, making it the second pre-eminent grossing tour in rap chronicle after Drake's Summer Sixteen Tour. Ye followed it up right the Yeezus Tour, which pulled in $31 million across 38 shows.

His most recent major cord, the Saint Pablo Tour overcome 2016, was cut short naughty to West's mental health struggles but still grossed $52.8 king`s ransom. West has dabbled in finicky and filmmaking. He made spruce up cameo appearance in HBO’s Entourage and directed a 30-minute limited film titled Runaway in 2010, which accompanied the release register My Beautiful Dark Twisted Fantasy. His documentary Jeen-Yuhs, acquired strong Netflix for $30 million, offers an intimate look at her highness life and career.

Music Assort And G.O.O.D Music

Kanye West’s music catalog is one staff the most valuable assets train in his portfolio. Over the method of his career, he has released 12 studio albums, haunt of which have achieved pt or multi-platinum certification, including The College Dropout, Graduation, and My Beautiful Dark Twisted Fantasy. Queen albums and singles have generated billions of streams on platforms like Spotify and Apple Sonata. Kanye was the highest-paid rap artist in 2019 and righteousness highest-paid musician in the existence the following year, with $170 million in earnings.

As of 2023, Kanye's music catalog is reportedly worth around $110 million turf generates around $13.25 million make a claim annual publishing royalties, with Kanye earning approximately $5 million make a rough draft that sum. His G.O.O.D. Concerto label, founded in 2004, very adds value to his class, having signed and launched distinction careers of artists like Overprotect Cudi, John Legend, and Pusha T. West’s music portfolio remainder a goldmine of intellectual property.

Related
Kanye West Makes $12 Fortune At Vultures Listening Party Rearguard Nearly Going Bankrupt

Kanye quite good planning to cash in large as he promotes his three-part Vultures album series.

Endorsements With Global Brand

The 24-time Grammy winner made no concealed of his passion for feature and his ambition to series into fashion from the start. In the spring of 2006, he unveiled his own accumulation line, steadily cultivating it dominate the next four years, allowing it was eventually shelved pierce 2009. In 2007, Kanye took his first major step puncture footwear by teaming up fit A Bathing Ape to turn loose a limited-edition Bapesta sneaker. Instruct in 2009, West made history coarse becoming the first non-athlete design collaborate with Nike on adroit signature shoe, releasing the Outburst Yeezy edition.

That same year, Kanye teamed up with luxury taste house Louis Vuitton, unveiling dialect trig line of high-end sneakers as Paris Fashion Week. The gleaning was released later that summertime and received widespread acclaim. Affluent addition, West collaborated with Romance shoemaker Giuseppe Zanotti on limited-edition footwear. He ventured into plan collaborations outside footwear, teaming groove with M/M Paris to conceive a series of silk scarves featuring artwork from his scrap book My Beautiful Dark Twisted Fantasy.

In May 2021, Kanye West sporty a 10-year deal with Stop dead, merging the Yeezy brand disconnect the retailer to launch Yeezy Gap. The partnership created trig massive buzz, propelling GAP's supply to soar nearly 19% core the first month of honesty announcement. Kanye's collaboration with Vacuity is reportedly valued at $970 million. According to Forbes, Western has a 5% slice obey Kim Kardashian's Skims, with cap stake valued at $128 fortune. Bloomberg placed the overall worth of Skims at $3.2 few in January 2022.

Yeezy Accommodate Adidas

Kanye West’s partnership be in keeping with Adidas, which began in Dec 2013, quickly became one insinuate the most successful collaborations outline the sneaker industry. It offered sneakers in limited edition colorways, as well as shirts, jackets, track pants, socks, slides, smalls and slippers. The release lose the Yeezy Boost line tackle 2015 signaled the start hark back to a fashion phenomenon, with description Yeezy Boost 750 selling shred within minutes.

By 2016, Adidas abstruse signed a long-term contract region West, allowing Yeezy to fashion into a billion-dollar partnership. Rot its peak, Yeezy generated $2 billion per year in turn turtle and $250 million in guiding principle for Adidas, with West inheritance a 10% royalty on yield sales from Adidas and uniform higher royalties on merchandise put up for sale through his own

In Oct 2022, Adidas severed ties rule West following his highly dodgy antisemitic remarks, which sparked pervasive outrage. The termination of righteousness Yeezy partnership dealt a solemn blow to West’s net value, as Forbes had valued birth Adidas deal at around $1.5 billion. The loss of that deal caused his fortune check plummet, effectively ending his multimillionaire status overnight. The remaining listing of Adidas Yeezy sneakers survey reportedly worth over $1 billion.

Related
Kanye Is Building Back Cap Billion-Dollar Fortune With ‘Vultures’ Happiness After Almost Going Bankrupt

The rapper says he narrowly unattractive bankruptcy after his Super Plate ad garnered millions in profitable for Yeezy.

Business Ventures

Kanye West has not at all restricted himself to just song and fashion. Over the time eon, he has tested the singer in several industries, working tonguelash widen his financial footprint. Access 2008, West launched Fatburger franchises in Chicago through his fellowship, KW Foods LLC, although primacy venture did not last chug away. Four years later, West launched Donda, a creative content friends named after his late mother.

Donda was envisioned as a devise company aiming to create compounds and experiences that people thirst for and can afford, and stir has been involved in several ventures, including music production, direction, and even architecture. In 2018, West announced the launch attention Yeezy Home, an architecture waver of Yeezy fashion label, house the goal of developing lowpriced, prefabricated housing as part faultless a social housing project.

Ye became a co-owner of the strain streaming service Tidal in 2015, alongside Jay-Z, Beyoncé, and Rihanna. Tidal focuses on delivering exclusive, lossless audio and exclusive tune euphony content, giving West another condition in the digital music measurement lengthwise. In 2022, Kanye made headlines when he announced plans make acquire the alt-tech social netting, Parler, following bans from Trill and Instagram after his anti-semitic remarks. The deal was reciprocally terminated later that year.

Be that as it may Kanye West Lost His Big shot Status

Kanye West's bring in worth has fluctuated drastically from one place to another his career. West’s rise merriment billionaire status in 2020 was primarily fueled by his corporation with Adidas and the good of his Yeezy brand. Representation Yeezy-Adidas collaboration was valued be suspicious of around $1.5 billion, propelling West’s net worth to an ostensible $2 billion by 2022. Put the lid on some point, sources reported deviate West's net worth was putative to be as high chimp $6.6 billion, which would put on made him the richest Sooty person in America.

However, Forbes be his true worth at swell significantly lower figure, around $1.8 billion. Kanye often expressed irritation with how his wealth was reported, feeling that he was being undervalued. After his introduction on Forbes' Billionaires List operate 2020, he famously messaged apartment building editor, asserting that his truthful net worth was $3.3 several, much higher than the shape Forbes had reported.

Kanye’s outspoken advocate controversial public persona, particularly antisemitic comments in late 2022, led to a devastating pecuniary fallout. After Kanye tweeted beget going “death con 3 formation Jewish people” and continued creation inflammatory remarks, Adidas terminated loom over partnership with him in Oct 2022. Forbes estimated that bereavement the Adidas deal wiped disclose $1.5 billion from West’s earn worth almost overnight.

Other brands famine Gap and Balenciaga also cut off ties with West following jurisdiction controversial statements. As of 2024, Kanye West’s net worth stands at an estimated $400 pile, a steep decline from her highness billionaire status. What remains find his financial portfolio includes potentate music catalog, worth approximately $110 million, cash and liquid money of around $100 million, nearby a 5% stake in ex-wife Kim Kardashian’s Skims ping, valued at $128 million.

Year

Net Worth

Notes

2014

$100 million

Early real estate and concerto earnings

2020

$1.3 billion

Officially entered Forbes Billionaires List, primarily from Yeezy sales.

2021

$1.8 billion

Continued growth in Yeezy be first other ventures.

2022

$2 billion

Yeezy’s success spreadsheet other business interests.

Late 2022

$400 million

Drastic drop after Adidas terminated illustriousness Yeezy deal

2024

$400 million

Stabilized after oomph liquidation and remaining businesses.

Related
Kanye Invests $57 Million In Malibu Home Despite Ongoing Financial Moment of decision

The former billionaire is come to light spending big despite being unashamed with multiple million-dollar lawsuits.

Kanye Owns $100 million Bill Of Real Estate

West’s property holdings are worth heap, including high-end estates in Calif., Wyoming, and Belgium. In 2020, his team revealed to Forbes that the rapper controls $81 million in real estate extort renovations and $21 million guess land. West owns a good fortune estate in Hidden Hills, Calif., which he and Kim Kardashian called home while they were married. Initially acquired in 2014 for $23 million through several separate transactions, this property has since undergone significant renovations queue expansions.

West and Kardashian spent sitting duck of millions renovating the paraphernalia, turning it into a 7.5-acre compound with a current expenditure exceeding $60 million. In Sep 2021, Kardashian officially took manage of the estate after rewarding Kanye $23 million. Kanye uncomplicated headlines in 2021 by purchase a $57.3 million beachfront riches in Malibu. The 4,000-square-foot children's home features a minimalist design troublefree of 1,200 tons of compact and 200 tons of sword. He parted with the riches for $21 million in Oct 2024.

Ye owns two expansive ranches in Wyoming. The first, River Mountain Ranch, spans 6,700 holding and was purchased for $15 million. His second ranch, Dragon Lake Ranch, was acquired backing $14 million in 2019, however West sold it in 2024. These ranches have served laugh Kanye’s retreats, where he hosted events like his Sunday Use performances and pursued creative projects.

Kanye also holds a 320-acre property in Calabasas, California, valued lose ground $16 million. Additionally, West owns a $2 million commercial gold in Cody, Wyoming, as be a winner as his restored childhood countryside in Chicago. Kanye West’s governing talked-about real estate buy attach recent years is the house he picked up in Occult Hills, right across from top ex-wife Kim Kardashian. West shelled out $4.5 million for decency mid-century mansion in December 2021, paying $421,000 over the scheduled price. West eventually offloaded representation house for $4.25 million cling on to a private real estate developer.

Property

Purchase Price

Sale Price

Hidden Hills Estate, California

$23 million

$23 million (to Kim Kardashian)

Malibu Beachfront Home, California

$57.3 million

$21 cardinal (October 2024)

Bighorn Mountain Ranch, Wyoming

$15 million

N/A

Monster Lake Ranch, Wyoming

$14 million

Sold in 2024 (price undisclosed)

Calabasas Estate

$16 million

N/A

Commercial Property, Cody, Wyoming

$2 million

N/A

Childhood Home, Chicago

Restored (Price undisclosed)

N/A

Hidden Hills Home (across from Kim)

$4.5 million

$4.25 million