One thing about Kanye West, he’s going to make sure you know his worth.
In an interview, the rapper corrected Jason Lee on Hollywood Unlocked and said he wasn’t just a “billion-dollar man” but a $10 billion man.
Kanye West said that he’s worth $10 Billion on Hollywood Unlocked. pic.twitter.com/rU8LOUwXHM
— Networking The Streets 🌎 (@ntsmonopoly) January 29, 2022
And, that’s because, according to HipHopDX, Kanye West is selling off parts of his Wyoming assets, which are said to be netting him a small fortune.
“The Yeezy visionary has sold his Ripsaw EV2 combat vehicle to David “Heavy D” Sparks and David “Diesel Dave” Kiley, stars of the Discovery Channel series Diesel Brothers. Kanye West originally purchased the tank for a reported $500,000, although it’s unclear how much Sparks and Kiley paid him for it. However, Sparks says Ye “gave them a sweet deal,” reports the outlet.
Of course, Kanye West wasn’t hurting for money prior to these sales. The value of his various business deals — mostly stemming from his Yeezy brand of clothing and the partnerships — have made the “808s and Heartbreak” rapper and producer a literal billionaire. He owned equity stakes in TIDAL and was said to make a small fortune when Jay-Z finalized the sale. And his various real estate dealings, and other business partnerships, have also netted him a small fortune.
That’s to say nothing of his impressive music career. Some valuations of Kanye West’s music catalog — which includes the G.O.O.D. Music catalog — place the value at nearly $100 million. He is one of the most successful musicians on the planet, with 21 Grammy wins and 69 nominations. What’s more, he’s considered one of the richest self-made Black men in the United States today.
But even with all these accolades, we couldn’t help but wonder what the truth of the matter was behind West’s bigger claims. What is his true net worth? How did he get it? And what’s he worth today?
Editorial note: The net worth listed in this piece is a speculative estimate drawn from a variety of online sources.
What is Kanye West's estimated net worth?
Kanye West told Hollywood Unlocked’s Jason Lee that he had a $10 billion net worth.
Prior to this, Kanye West claimed that he had a $6.6 billion net worth (which is the same net worth that Celebrity Net Worth gives him).
But Forbes claims that West has a $1.8 billion net worth.
Regardless of which number you believe, he’s still a billionaire.
Kanye West: His Business Ventures
Kanye West has had no shortage of business ventures that AfroTech has covered through the years. The smash success of his Yeezy brand of fashions is, of course, at the top of that list. But that’s to say nothing of the man’s extensive music career. His music catalog — which includes the G.O.O.D. Music catalog — is said to be valued between $90 million by Forbes and $80 million by Celebrity Net Worth.
According to Celebrity Net Worth, The Yeezy.com website is said to have a value of $100 million, and the Yeezy partnership with the GAP was projected to hit $1 billion. The Yeezy brand, on its own and without the GAP partnership, is said to be worth close to $5 billion.
Kanye West is said to have real estate assets worth more than $120 million.
His most recent purchase, according to The New York Post, was a $4.5 million home located just across the street from his four children. The five-bedroom, four-bathroom house is located in the Hidden Hills district of Los Angeles.
Before that, HouseBeautiful reports that Kanye West owned a variety of real estate. From a minimalist mansion in Calabasas, CA ($60 million) to its $2.975M addition next door — from the two acres of property in La Quinta, CA ($6.3 million) to the Houston St. apartment in NYC that was listed between $3 million to $4 million — and the Bel-Air mansion he flipped that commanded a $17.8 million price tag and his $15 million ranch in Wyoming, Kanye West certainly knows how to play the real estate game.
Other Business Ventures and Philanthropy
Kanye West isn’t just in the business of making money, however. He also finds the time to give back when he can.
As the owner of KW Foods, he’s the sole proprietor of the Fatburger chain in Chicago. However, according to Crain’s, the chain closed in 2011.
He owned a three percent equity stake in TIDAL, which leads us to think he cleared a fortune when it was sold for just a hair over $300 million.
And through his titular Kanye West Foundation, the rapper/entrepreneur is involved in a lot of philanthropic efforts. He has helped with Hurricane Katrina efforts, in addition to World Water Day, and Live Earth. He has also helped with education efforts for Black and Latino children throughout the United States.