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Kanye West is Reportedly Worth $1.3 Billion

Mandatory Credit: Photo by Michael Wyke/AP/Shutterstock (10481511a) Kanye West answers questions from Sr. pastor Joel Osteen during the 11 am service at Lakewood Church, in Houston. West has been denied a permit to build an amphitheater on his ranch in Wyoming. The Park County Planning and Zoning Commission made the decision Tuesday, Nov.19, 2019, after the rapper changed his plans for the structure near Cody. West told county officials he now wants to include residential space People-Kanye West-Wyoming, Houston, USA - 17 Nov 2019

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.

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