Kanye West richest Black American with $6.6bn net worth: Report

prothomalo March 19, 2021 Kanye West 228
Kanye West richest Black American with $6.6bn net worth: Report

Music producer-composer Kanye West is the richest Black person in the United States, according to a report in Bloomberg

Kanye West richest Black American with $6.6bn net worth: Report IANS Published: 19 Mar 2021, 10:04 Singer Kanye West. AFP Music producer-composer Kanye West is the richest Black person in the United States, according to a report in Bloomberg. The 43-year-olds net worth is close to $6.6 billion, thanks to his sneaker and apparel business, Yeezy. The report suggests that his brands tie-up with Adidas and GAP is estimated to be between $3.2 and 4.7 billion. His new tie-up with GAP, which will hit stores this summer in the US is estimated to be worth $970 million. Advertisement An unaudited balance sheet of Wests finances provided by his lawyer to Bloomberg includes another $122 million in cash and stocks, and more than $$1.7 billion in other assets including a significant investment in Skims, Kim Kardashians underwear label. The report also noted that Wests entire music catalogue is worth $110.5 million, according to a 2020 valuation. West and his wife, reality star Kim Kardashian, recently filed for divorce after being married for seven years. Read more

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