Kanye West is officially a billionaire, as per Forbes.
West submitted an analysis of his assets to the outlet, and the verified that he is a billionaire like he claimed in 2019 during the 2019 Fast Company Innovation Festival.
“When I did Forbes, I showed them a $890 million receipt and they still didn’t say ‘billionaire,'” Kanye told the audience.
The publication reports that Ye is worth $1.3 billion, and a large proportion of his assets comes from his highly successful Yeezy brand.
The multihyphenate’s team also sent documents showing $17 million in cash, $35 million in stocks, and about $102 million in “buildings and improvements” and land. His music is worth about $90 million, and that includes his publishing and G.O.O.D Music imprint.
Kanye West insists that he’s actually worth $3 billion but Forbes gave the number “a 50% haircut” because of the $100 million debt for mortgages and advances, as well as the assets’ liquidity and a lack of independent confirmation.
