When Forbes determined that Kanye West had a net worth of $1 billion two years ago, the reaction from the newly minted billionaire whod been arguing for a long Peter Jackson $580 million. . Why is Kanye so rich? In October, he said in a social media post that he would go 'death con 3 on Jewish people', then doubled down in media interviews with comments that included vile remarks about Jewish people. Kanye "Ye" West has beefs with many: Gap, Adidas, and us here at Forbes, to name a few. While some have created history and record by featuring on the list, for some it is a monumental feat to reach the coveted position. eventCategory: event.slot.getSlotElementId(), According to Celebrity Net Worth, he is estimated to be worth $6.6 billion. Soulja Boy's net worth 2022: career, salary, and assets. Continue reading to learn more about his wealth, career, and assets. He again offended his former fans during an appearance on popular podcast Drink Champs, when he claimed that George Floyd died from a fentanyl overdose and that Derek Chauvin's knee 'wasn't even on his neck like that'. We pursue our objective to enlighten and motivate people from all over the world. Calculations of the rapper now known as Ye's wealth have long been muddled by his own exaggerations, but Forbes eventually declared him a billionaire in 2020. Net worth: USD 580 million. In September 2021, per Dirt, Ye splurged $57.3 million on a bunker-style mansion in Malibu. In an interview with The New York Times, Kardashian said Ye's input was central to shaping the brand's aesthetic calling him the "ghost creative director. Net Worth 2022: $1.95 billion. Kanye West is no longer a They include: Apart from music, West has also dabbled in the fashion sector. In total, Forbes now values West at $2 billion. } He was the first non-athlete to be offered a Nike shoe deal. Apple Music, Spotify, and Amazon Music did not respond to Insider's requests for comment. Today, we shall list the top 10 richest rappers in the world in 2022 according to Forbes magazine. Spotify CEO Daniel Ek told Reuters that, although he considered Ye's antisemitic comments "just awful," those messages don't feature in his music, so don't affect his future on Spotify. }); Kanye West's Net Worth Revealed Now, Wests net worth has fallen to an estimated $400 million, according to Forbes. Prior to the fall of his Adidas partnership which has deemed that Adidas owns the rights to any of its Yeezy partnerships original designs, as well as forthcoming planned products West also lost collaboration deals with Balenciaga and Gap, respectively, and both companies Yeezy Gap collaboration. Major companies have severed ties with Ye in the wake of recent antisemitic comments. The Grammy-winning rapper spoke to a few photographers who were apparently waiting to click the acclaimed rap star telling them he would want a cut off of his photos and videos they earn from milking his image. Image: Courtesy therock/@therock/ Instagram 5. He was reportedly worth $2 billion at one pointthis year. Forbes (@Forbes) April 6, 2022. You guys can follow us, you guys can stand [outside] a hotel at any given time- you dont give us any percentage of what youre making off of us, off of our kids, and Im gonna change that, said the College Dropout hitmaker. In addition to making money from music, the rapper also works as an actor in films and television shows. Children drinking PINTS and the King riding in a 14-wheel golden HGV - this is Kate and Prince William 'are keen' for Prince George to have official role in King Charles' coronation - but Royally hard work! }); Kanye West was officially declared a billionaire by Forbes in April 2020 when they publicly announced his net worth amounting to a whopping $1.3 billion. Have a look at the list below; According to the 2022 Forbes list above, the top 10 richest hip-hop artists in the world are dominated by male rappers. He started out making beats for up-and-coming local artists in his neighbourhood before settling on a technique that emphasized speeding up vocal samples from classic soul albums. } Kanye West Net Worth: $1.8 billion. Over the years, hip-hop artists or rappers have been known to be living luxurious and extravagant lives. Pay attention: Become TUKO.co.ke ambassador get a branded T-shirt, hoodie or water bottle at our TUKO Shop! Our editorial content is not influenced by any commissions we receive. The move followed months of sniping at Adidas, the sneaker company that paid him an estimated $220 million last year in royalties from the sale of Yeezy sneakers. Kanye West's Net Worth Revealed. Gaps most recent quarterly reports, filed in May and August, dont mention Yeezy at all, while Gaps 2021 annual report name-checks the brand just once, on page 33: The brand also launched partnerships including Gap Home with Walmart and Yeezy Gap., The Wall Street Journal reported Thursday that West, through lawyers, sent a letter to Gap stating his intent to terminate the partnership despite being under contract with the retailer through 2026. Diddy has replaced Kanye West on the list of 2022s wealthiest hip-hop artists. The American singer, songwriter, record designer, and entrepreneur is the richest rapper in the world with a staggering net worth of $1.8 billion. If you are the owner of the content and do not want us to publish your materials, please contact us by email admin@thehiu.com. He allegedly gifted his ex-wife, Kim Kardashian, a $14 million Miami property. Per Forbes, Ye still holds a 5% stake in Skims the shapewear brand founded by his ex-wife Kim Kardashian. Get the news that matters from one of the leading news sites in Kenya, Kiambu Woman Dies, Leaves Behind Unfinished House Kenyans were Building Her, Little Girl Begs Man on the Road for Money, Video Surprises Many, Chris Brown Throws Female Fan's Phone into Crowd after Sensual Dance on Stage, Pastor Ng'ang'a, Wife Loise Pay Tribute to Home He Grew up In, Rigathi Gachagua Says Kenya Kwanza Gov't Is Building Kenya from Scratch: "I Want to Give You Hope". John Hughes and Kristen Welker: relationship story and children. eventAction: 'view' "It's really just his music, and his music doesn't violate our policy," said Ek. Several other stalwarts make it to the list, including Nobel Prize winner Bob Dylan, Dwayne The Rock Johnson, Red Hot Chili Peppers and Kanye West. document.querySelector("#google_image_div").addEventListener('click',function(){ eventAction: 'click_adunit' }); Ye was dropped by big brands, including Balenciaga, Gap, Vogue, and perhaps most crushingly Adidas. Forbes eventAction: 'render' Just like other musicians, Kanye too rakes-in an impressive amount of money from streaming, sales charts, concerts, collaborations, and lucrative endorsement deals. His divorce from Kardashian was contentious and he published aggressive social media posts about comedian Pete Davidson when he was dating her. Starbucks founder Howard Schultz is expected to return as interim CEO after Kevin Johnson steps down in April. You are also agreeing to our Terms of Service and Privacy Policy. Adidas could be forced to burn Yeezy sneakers worth around half-a-billion dollars after rapper and fashion designer Kanye West's anti-Semitic outbursts. Reports of their divorce also made fans wonder about their prenup. Taking Yeezy away from Adidas seems almost prohibitively cumbersome, if not contractually impossible.The publication reported, We tend to look at self-appraisals somewhat skeptically. The companys current CEO, Kevin Johnson, will resign next month after leading the multinational for five years and working there for 13 years. This corporate exodus also included JP Morgan, Gap and Vogue. And with that, West, whose partnership with Adidas accounted for $1.5 billion of his net worth, lost his spot on the Forbes list of billionaires. Moment British man is arrested at Colombian airport as he tries to fly to London with 23 kilos of cocaine Do YOU know your Adam and Eve from your Ruby Murray? TheHiu.com is an automatic aggregator of the all worlds media. On the other hand, Jay-Z is the second richest rapper in the world today with a net worth of U.S. $1.4 billion. In 2020, his team told Forbes he held "vehicles" worth about $3.8 million in "vehicles" and in "livestocks" valued at almost $300,000. He added that both the parties would make money and it could no longer be one-sided. I dont see any need to discuss the terms of my relationship with Ye, Cohen told Forbes via text message. My dad was a photographer at a newspaper. Net worth: USD He has released many other albums, several of which feature well-known musicians. How did Kanye West become a billionaire so fast he's a certified billionaire. How did Kanye West get rich? The various endeavors West engages in bring him over $100 million per year. He earns most of his income from his Yeezy and Adidas partnership Sherlock Holmes to Snatch: All Guy Ritchie movies ranked from worst to best, The history of Asian Oscar presenters who made waves before Deepika Padukone, A fun itinerary for Backstreet Boys in India based on their best songs of all times, Netflixs Stranger Things all set to be staged as a new play in London, LSA Singapore exclusive: Bling Empires Kelly Mi Li is glowing in her maternity photoshoot, Oscars 2023: Voting, date, time and where to watch, Peter Jackson/Facebook; Featured image: courtesy therock/@therock/ Instagram). Upon his return to Instagram, he seemingly confirmed such reports and said he lost 2 billion dollars in one day., Diddy Surprises Students at Bronx School With Visit: Get Locked in on Your Dream, Diddy Drops Video for Gotta Move On Remix, Which Includes Ashantis Apparent Response to Irv Gotti, Mase Seemingly Implies No.1 Hater Diddy Canceled His Tour With Camron and Jadakiss. (The most recent documents West showed Forbes didnt include a full year of financial results for Yeezy Gap.) Net Worth 2022: $900 million. In his email to Gap employees, Breitbard says otherwise: Important to know is that throughout this partnership, we have upheld our commitments and the teams have done so with the utmost integrity, navigating obstacles and demonstrating incredible resolve.. He began making money through music, tours and endorsement deals. Drake is the biggest rapper of 2021, having received over 3,905,528,102 streams in the current year. Kanye West is the richest rapper as of 2022 today, with a net worth of over $1.9 billion according to Forbes magazine. West has also said he 'actually can't be anti-Semitic because black people are actually Jew also.'. } This is his net worth. hitType: 'event', He mostly owes his net worth to the sale of his visual effects company Weta Digital to Unity Software. This is a BETA experience. Sorry, we do not allow you to copy our content. WordPress.com VIP. On Oct. 12 seen in a statement tweeted by conservative commentator Candace Owens Wests financial accounts will also be cut from bank JPMorgan Chase on Nov. 21. Kanye West 3.2 billion Kanye West Kanye West is the Richest Rapper in the world as of 2022. Representatives for West, Universal Music Group, Gap and Adidas didnt respond to requests for comment. The publication officially denounced the rappers billionaire status on Tuesday afternoon, following a string of conflicts with West in recent weeks including the termination of his longstanding Adidas partnership.