Kanye West Now The Richest Black Man in US, Worth Twice Jay Z and Diddy

Category: Entertainment News

The rapper and fashion mogul is now officially worth $6.6B USD, making him the richest Black man in America's history.

Kanye West became a certified billionaire last year with the help of his successful apparel and sneaker brand, Yeezy and new multi-year contract with Gap. 

According to Business of Fashion, the Yeezy brand is valued at $3.2 to $4.7 billion USD. As for the new Yeezy Gap line which is set to release later this summer, the new venture is expected to be worth more than $970 million USD.

Since West remains the sole owner of the Yeezy company, much of his personal net worth is attributed to his recent business decisions and the $1.7 billion USD that he pockets from additional assets, including his significant investment into his estranged wife’s Skims label.

An unaudited balance sheet of West’s finances has also revealed that West has $122 million USD in cash and stock, while his entire music catalog is worth $110.5 million USD. 

Hip Hop All Day worth American artists, which was topped by Kanye West with far much gap between him and other top American artists, see the list below;

$6.6b - Kanye West

$1.4b - Jay Z

$1.0b - Diddy

$820m - Dr Dre

$230m - Eminem

$200m - Master P

$180m - Drake

$160m - Ice Cube

$150m - Pharrell

$150m - Snoop Dogg

This feat which is worth recognition is coming less than five years after the rapper claimed to have been $53 million USD in debt