Kanye West is now a billionaire. The famous rapper joins the prestigious list of billionaires from Forbes. Kim Kardashian's husband is now worth $ 1.3 billion, thanks in particular to his shoe brand developed with Adidas, the business magazine announced on Friday.
Chicago rapper's “Yeezy” sneakers are among the most popular in the fashion and streetwear world, often selling for more than $ 200 a pair.
According to Forbes, Kayne West's revenues from its brand are slightly over a billion dollars, and therefore alone explain its new financial status.
A collaboration with Adidas
After collaborating without success with Nike for several years, Kanye West left the brand in comma in 2013 to team up with the German equipment supplier and launch their first collaborative shoe in 2015.
“Yeezy” is one of the multiple nicknames of the rapper, who has made the headlines in recent years for his psychiatric problems, his controversial remarks on slavery and his support for Republican President Donald Trump, yet very unpopular in the community rap.
That didn't stop the rapper from continuing to make music, an area in which critics continue to praise his talent. Forbes explains in an article posted on Friday that the artist has claimed the status of billionaire for years and that he has become angry with the magazine on numerous occasions, the latter refusing to include it in his famous ranking , lack of sufficient evidence.
Another billionaire rapper, Jay-Z
Not without humor, Forbes explains that he applied the “Trump rule” in force for years in the magazine to his case: divide by three the wealth claimed by their interlocutor to begin to see a little more clearly.
The rest of his money comes mainly from his properties, explains Forbes, who notes that the rapper is very spendthrift (he notably owns a tank) and does not seem to have made as much money with music as one could imagine. of a planetary star who multiplies platinum discs.
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Kanye West, 42, becomes the second American rapper to join this ranking after his friend and mentor Jay-Z, who became a billionaire last year. The latter made a fortune thanks to his investments in fashion.