Kanye West Claims Billionaire Status, Reveals $2.77B Net Worth
Kanye West, also known as Ye, has announced his return to the billionaire’s club, crediting his restructured Yeezy brand for a significant financial comeback. The rapper claims he is a billionaire again and says he has proof to back it up.
On Thursday evening, Kanye shared a post on Instagram that included a statement from Eton Ventures, a business valuation company, which estimated his net worth at $2.77 billion. According to the statement, this valuation is based on his “music portfolio” and his “sole ownership of the Yeezy mark.” Kanye expressed his excitement in the caption, simply writing, “LAA LA LA LA.”
However, Forbes has not confirmed Kanye’s claim. As of now, Forbes still lists his net worth at $400 million. If Kanye’s $2.77 billion estimate is accurate, it would make him wealthier than his former friend Jay-Z, whose net worth Forbes currently estimates at $2.5 billion, and his ex-wife Kim Kardashian, whose fortune is reported to be $1.7 billion.
This announcement follows a challenging period for Kanye. In October, Forbes reported that he lost his billionaire status after Adidas ended their partnership with him following a series of antisemitic and anti-Black comments. At that time, Forbes calculated his net worth at $400 million, factoring in real estate, cash, his music catalog, and a stake in Kim Kardashian’s shapewear brand. Kanye disputed this assessment, claiming he was worth $3 billion and that his Adidas partnership alone was valued at $4.3 billion.
Last week, Kanye called himself the “G.O.A.T.” after earning over $2 million in just 24 hours from his Yeezy website. While it remains to be seen if Forbes will verify his new claim, Kanye is clearly determined to prove his financial success.
