What is Kanye West Net Worth? BILLZONTHESTREETS has its own take.
Kanye West is a producer, rapper, fashion designer, and entrepreneur from the United States. He is one of the three richest black men in American history. Kanye West became a household name in 2004 with the release of the album, College Dropout.
He has been nominated for the Grammy awards 75 times, clinching the coveted award 22 times in all. This makes him one of the most successful and award-winning performers on the planet.
In recent years, he has shifted his focus from music to business. Kanye West has amassed a large fortune as a result of his Yeezy/Adidas partnership.
What is Kanye West Net Worth?
The answer to this question is straightforward. Kanye West net worth is an estimated $7 Billion. Here’s how we arrived at this figure.
Kanye has made at least $100 million per year in recent years from his numerous businesses. Royalties and other earnings tied to his Yeezy brand and Adidas connection, account for the vast majority of his earnings.
Kanye West Biography
Kanye Omari West was born in Atlanta, Georgia on June 8, 1977. West went to Chicago, Illinois, with his mother after his parents divorced when he was three years old. After meeting producer/DJ No I.D., who taught him, he began experimenting with music.
In 1997, he was awarded a scholarship at the American Academy of Art. However, he decided to transfer to Chicago State University to study English. He eventually dropped out of school at the age of 20 to pursue a career in music.
Kanye West started making beats in the mid-1990s for budding local artists in his neighbourhood, eventually establishing a technique that emphasized speeding up vocal samples from old soul albums.
Kanye’s mastery of fast sample-based rhythms quickly made him a sought-after producer, but he fought to be allowed to compose his own music. When he eventually released The College Dropout in 2004, it was a huge hit.
The sales surged, and critics praised the album’s aural sophistication and brilliant writing. The lyrics mingled humour, faith, insight, and political consciousness on songs like “Through the Wire” and the gospel-chorus-backed “Jesus Walks.”
In 2005, the latter song received a Grammy for Best rap song, while West also won Grammys for best rap album and best rhythm-and-blues song.
Kanye West Income Streams
West owns 100 per cent of his own Yeezy fashion business, yet he receives a royalty on sales of more than $1.5 billion every year.
Yeezy is a $4–$5 billion brand, according to multiple private bank estimates. According to a UBS appraisal from March 2021, Yeezy adds $3-4 billion to Kanye net worth.
Furthermore from the same source, Kanye West’s partnership with The Gap will increase his net worth by $1 billion.
With Sony BMG, Kanye formed G.O.O.D Music, a record label and production company, in 2004. Kanye West, John Legend, Common, Big Sean, Pusha T, Q-Tip, Kacy Hill, and Teyana Taylor are among the label’s artists.
Other Money Streams
Kanye West owns KW Foods LLC, a Chicago-based company that owns the Fatburger fast-food franchise. West announced the formation of DONDA, a creative content firm named after his late mother Donda West, in January 2012.
West, along with other musicians such as Jay-Z, Rihanna, Madonna, Chris Martin, and Nicki Minaj, is a co-owner of the music streaming service Tidal. The majority of the stakeholders have a 3% equity ownership in the project.
Kanye West Mansions
Kanye West have investments to the tune of $160 million in real estate in the United States. This real estate comprises land, buildings, and homes.
The primary residence of Kim and Kanye is a sprawling estate in the Los Angeles suburb of Hidden Hills, California. This property is made up of several interconnected parcels, the first of which was purchased for $23 million in two separate deals in 2014.
Kim paid Kanye $23 million in September 2021 to formally transfer the property under her name. The home’s interior contents accounted for almost $3 million of that total. The current assessed valuation of their Hidden Hills estate is upward of $60 million.
Their first property consisted of a newly constructed mansion on 4.5 acres. Over the course of several years, the couple spent millions of dollars personalizing, rearranging and expanding the property.
They extended their estate in 2019 by combining two separate buys for surrounding properties into a 7.5-acre monstrosity.
Other real estate investments include the following:
- A 320-acre estate on Stokes Canyon Road in Calabasas is worth $16 million. This is where his Sunday Services have been held and where he attempted to build a series of domed structures before being shut down by the LA County building commission for permit issues.
- A 6,700-acre ranch called Bighorn Mountain Ranch in Wyoming – $15 million
- A 1,400-acre ranch called The Monster Lake Ranch – $14 million
- A $2 million commercial property in Cody, Wyoming
In total, he owns $150 million worth of California real estate and $30 million in Wyoming real estate, for a total of $120 million that’s in the public record.
Kanye West Cars
West has an impressive garage filled with the finest automobiles. Among them are the following:
- Maybach 57
- Lamborghini Gallardo
- Aston Martin DBS
- Lamborghini Aventador
- Lamborghini Urus
- Porsche Panamera Turbo
- Porsche 991 Carrera
- Mercedes-Benz SLR McLaren
Kanye West’s net worth is predicted to be $7 billion by 2022. He is, without a doubt, the most influential musician of the last few decades. Through his Yeezy brand, he has expanded his charity endeavours and built a fashion empire.