Kanye West’s Net Worth
Kanye West is an American songwriter, singer, rapper, fashion designer and record producer from Atlanta, Georgia. West initially gained recognition when he first started his early career as a producer for Roc-A-Fella Records in the early 2000’s.
Since then, West’s career has only risen to the top and he is today one of the best rappers in the hip-hop industry. Wealthy goralla recently announced that Kanye had provided documents showing that his stake in Yeezy has launched his net worth into the billions.
Kanye gained widespread fame upon the release of his 2004 album The College Dropout. Today he is one of the most successful and awarded musicians on the planet with 21 Grammy wins out of 69 nominations. In recent years he has pivoted away from music towards the business world. His Yeezy/Adidas partnership has earned West a sizable fortune.
In recent years Kanye has earned at least $100 million per year from his various endeavors. The vast majority of his earnings have come from royalties and other earnings related to his Yeezy brand and Adidas partnership.Yeezy separately owns his own Yeezy apparel line outright 100% but earns a royalty on the sales which are north of $1.5 billion per year.
According to several private bank estimates Yeezy is a $4 – $5 billion brand. In March 2021, a UBS valuation estimated that Yeezy adds $3-4 billion to Kanye’s net worth bottom line. The same report estimates Kanye’s deal with The Gap adds another $1 billion to West’s net worth.
Kanye West Details
|Net Worth:||$3.2 Billion|
|Born:||June 8, 1977|
|Country of Origin:||United States of America|
|Source of Wealth:||Professional Rapper|
Kanye was born in Atlanta on June 7, 1977 to Ray and Dondra West, who divorced when he was three-years-old.He and his mother then moved to Chicago, where Kanye became involved in the hip hop scene from a young age.The rapper started making music when he was 13 after he persuaded his mother to pay for him to use a recording studio
When he was 15, he met hip-hop and R&B music producer No. I.D. who quickly became his mentor.Kanye received a scholarship to Chicago’s American Academy of Art but dropped out when he was 20 to pursue his music career.
In 2000, West got his big break when he began to work as a producer for Roc-A-Fella Records, working with artists including Ludacris, Alicia Keys, and Janet Jackson. His work on Jay-Z’s 2001 album The Blueprint generated serious interest in West’s talents as a producer. His production credits from this time period include an impressive roll call of talent including Jay-Z, Beyoncé, John Legend, Alicia Keys and Janet Jackson.
Despite his success as a producer, West’s main dream was to be a rapper. In 2001, he managed to convince the head of Capitol Records to sign him to Roc-A-Fella Records after being denied a contract with Capitol Records.After a serious car crash in October 2002, where he shattered his jaw, West was inspired and recorded the song Through the Wire with his jaw still wired shut.
This song laid the foundations for his debut album The College Dropout, which was leaked months before its scheduled release date in August 2003. West used the time to remix, remaster, and edit it, postponing its release three times. The College Dropout was eventually released in February 2004 to widespread critical acclaim, earning him 10 Grammy Award nominations, and eventually certified triple platinum in the US.
As he began working on his second album, West invested two million dollars into the production, even hiring a live string orchestra. Late Registration was released in August 2005, selling over 2.3 million units in the United States by the end of the year.
His subsequent albums include Graduation (2007), 808s & Heartbreak (2008), My Beautiful Dark Twisted Fantasy (2010), collaboration album with Jay-Z Watch the Throne (2011), Yeezus (2013), The Life of Pablo (2016), Ye (2018), and Jesus is King (2019).West released the album Yeezus in 2013.