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Kanye West becomes the Richest Black American in History

Kanye West becomes the Richest Black American in History

Kanye West has yet again set another historic record, by becoming the richest African-American in history. Kanye’s net worth is now worth over $6.6 billion dollars.

According to the new valuation by a Financial firm, UBS Group AG. Kanye West’s Yeezy brand has been reported to worth between $3.2 billion and $4.7 billion. The net worth growth in Yeezy can be easily linked to it’s partnership with Adidas and Gap.

While the Yeezy brand is worth over $3.2 billion. Kanye West also has a whooping sum of $110 million from his music catalog, and $1.7 billion in other assets. According to the valuation report by the UBS Group. With over $122 million dollars in cash and stock, Kanye West is estimated to worth an estimated sum of $6.6 billion dollars.

Ranked the first Black American to worth $6.6 billion in history, Kanye West is followed by Robert Smith who reportedly has a net worth of $5 billion.

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Although, valuation provides insights to the worth of a brand or personality. These reports by the UBS Group are estimated and not facts. Nevertheless, Kanye West is extremely rich.

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