U.S Celebs

Kanye West Reportedly Becomes The Richest Black Man in US History

Kanye West Reportedly Becomes The Richest Black Man in US History
U.S Celebs

Kanye West Reportedly Becomes The Richest Black Man in US History

Kanye West Reportedly Becomes The Richest Black Man in US History

It has now been revealed that Kanye West is estimated to be worth a whopping 6.6 Billion. A private document owned by Yeezy revealed that Kanye's business ventures with Adidas and Gap have been valued between $3.2B and $4.7B.

This was valued by UBS Group, a Swiss investment bank.The document further revealed that Gap has set some strict targets for Kanye and the upcoming Yeezy line. The line is expected to break $150M in their first full year in business, which will be 2022.

Longer term goals include hitting the billion mark in the next 8 years, but hitting the goal by 2023 would be preferred.Kanye's deal with Adidas is undoubtedly his most succesful business venture to date.

Yeezy trainers are continuing to be sold at exceptional levels, and last year's annual review showed a 31% increase, taking their annual revenue to a staggering 1.7B, and netting Yeezy royalties of $191M.Let's not forget Kanye's music, which also accounts for a huge amount of his wealth. His music catalogue is estimated to be worth $110.5MKanye's recent earnings have allowed him to overtake notable figures such as Micheal Jordan to become the richest black man in American History.

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