- Kanye West just called himself a billionaire — and said he proved it to Forbes.
- West has brought in an estimated $150 million in 2019, which is almost double the approximately $81 million Jay-Z (a distant No. 2) brought in the same year.
- The majority of West’s fortune comes not from his music, but from his footwear and apparel brand, Yeezy, which is expected to top $1.5 billion in sales in 2019, according to Forbes.
- The hip-hop artist spends his millions on luxury cars; lavish gifts for his wife, Kim Kardashian West, and their children; and an impressive real-estate portfolio that includes a $14 million Wyoming ranch.
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Kanye West says he’s a billionaire — and that he has the receipts to prove it.
West said Forbes “chose to call him a centi-millionaire,” despite having “showed them receipts,” at the New York Times’ Dealbook Conference on November 6. Forbes estimated West’s fortune at $240 million in June.
West, who released his widely anticipated album “Jesus is King” on October 25, has made an estimated $150 million in 2019 — almost double the $81 million Jay-Z made in the same period, according to Forbes. The publication looked at pretax income from June 2018 to June 2019 before deducting fees for agents, managers, and lawyers.
But the majority of West’s fortune doesn’t come from his music, Forbes reported. His footwear and apparel brand, Yeezy, is expected to bring in more than $1.5 billion in sales in 2019.
Here’s a look at how West has built and spends his multimillion-dollar fortune.