Winner of 21 Grammys, 7 BET awards, and 2 American Music Awards, Kanye West is a legend in the entertainment industry. In addition to his musical successes, he is the founder of Yeezy clothing. For a 39-year old, this is impressive.
With so much success, a recent statement had the press buzzing about his actual net worth. After striking a collaboration deal with Adidas, Kanye claimed, “I took the Adidas deal because I have royalties and I have to provide for my family.” While this statement may seem dramatic, there are many discrepancies over Kanye’s actual worth. COED, for example, claims he is worth $180 million, while Celebrity Networth claims he is worth $145 million. So, how much is Kanye West worth?
To determine this, let us look at his three main sources of income:
Kanye’s first album, “The College Dropout,” hit number two on the Billboard 200. It continues to remain his best-selling album, with worldwide sales of over 4 million copies. Kanye later released his Yeezus album, amd, in 2013 went on tour. This tour was the higest-grossing tour of the year, earning him $25 million. According to UK’s InStyle website, the tour continued to a 50 percent jump in his annual earnings.
In 2016, he released his latest album, “The Life of Pablo.” Surprisingly, the next day he tweeted, “I wrote this for you my brothers while still 53 million dollars in personal debt…Please pray we overcome…” Was this a sales ploy?
Clothing and Merchandise
In 2009, Kanye entered the fashion world when he collaborated with Nike to create the Air Yeezys. This specific shoe was re-released in 2012. He also collaborated with Adidas, which earned him a reported $10 million as of 2013.
His merchandising has done well, alos. For his “The Life of Pablo” tour, he set up pop-up stores in 21 different cities around the world. This way, he combined both his fashion and music brands. With hoodies selling for $90 apiece, he is likely raking in the dollars.
Since his entry into the fashion world, he has premiered his fashion brand at Paris Fashion week.
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Marriage to Kim
It has been reported that Kardashian net worth is $150 million. Kim, herself, is the most high-profile member of the Kardashian clan, with a reported net worth of $52.5 million in 2015.
So, how much is Kanye West really worth? According to InStyle UK, Kanye West’s estimated net worth was $145 million as of 2016. Despite this high number, it was not enough to keep him ranked on Forbes’ “Highest Earning Celebrities List” His highest positioning on this list was #20 in 2014.
While Kanye may tweet about personal debt and fail to make it on Forbes’ list annually, it seems that he and his wife will not go hungry.