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.
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.