The latest news on Kanye West! His net worth and his source of income and debt!
- Have you heard the latest on Kanye West?
- His total net worth figure has been revealed and it is estimated to be $ 160 million!
- Kanye West has various sources of his income and he has also invested at various places for savings!
Let us know in its details!
Kanye West and his music earnings
Kanye West is a rapper and obviously, his maximum income comes from his melodious rapping! As per The Recording Industry Association of America, Kanye has made $ 62 million through the release of his digital singles.
He is one of the top-earning musicians and is positioned at number 7 with Drake, Justin Bieber, Katy Perry, Eminem, Taylor Swift, and Rihanna being before him. His albums also earned him $ 13 million.
His collaborations with other artists have also been a source of incoming money for Kanye West. He also has now his own company called G.O.O.D. Music and more earnings from there. There is some money he is likely to get from Tidal.
His business venture with Adidas
Kanye West also has teamed up with Adidas and has his own set of sneakers for all called Yeezy. The sales of these sneakers are high and there is a huge profit coming from there!
He had tweeted:
“I am currently the single highest paid person in footwear. That means I make more money on shoes than Michael Jordan.”
I am currently the single highest paid person in footwear. That means I make more money on shoes than Michael Jordan.
— ye (@kanyewest) April 25, 2018
Real estate investments
Kanye and his wife Kim have invested in real estate and purchased a number of homes around in the USA. In 2017, the couple sold their Bel-Air mansion for a profit. Kanye and his family reside in Hidden Hills and Kanye has plans to start a community there.
Talking about it, he said:
“I’m getting into development. Anybody that’s ever been to any of my cribs knows I’m super into developing homes. It’s just the next frontier for me, to develop.”
The price of their property in Hidden Hills has soared over the years and its price has nearly trebled now. They also have homes in Paris and New York City. He also has some of the most expensive cars.
The sale of his merchandise
Kanye West charges his fans an exorbitant amount of money for the merchandise and clothes he sells. He charges around $ 325 for a jacket.
His debt
Kanye West also revealed in 2016 that he was in debt of $ 53 million. He had also asked for a $ 1 billion loan from Mark Zuckerberg.
He had tweeted:
“I write this to you my brothers while still 53 million dollars in personal debt. Please pray we overcome… This is my true heart…My dreams brought me into debt and I’m close to seeing the light of day.”
The tweet has been deleted now. In the US, declaring bankruptcy does not necessarily mean that you are financially zero. It is only for accounting procedures.
Kim and Kanye are considered a power couple and nicknamed Kimye. They began dating in 2012 shortly after Kim had split from NBA player Kris Humphries. Kris was her second husband and her first was Damon Thomas.
Their first baby North West was 11 months of age when the couple tied the knot on 24 May 2014. The couple has two more children after North West. These are Saint who is now 2 and Chicago who is less than 1.
Short Bio on Kanye West
Kanye West is an American rapper, singer, songwriter, record producer, fashion designer, and entrepreneur. He is among the most acclaimed musicians of the 21st century and is one of the best-selling artists of all time. He has sold more than 32 million albums and 100 million digital downloads worldwide. More Bio…
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