A month after news broke of Kim Kardashian filing for divorce from him, Kanye West has officially become the richest black man in US history, OYOGist.com has gathered.
Kanye West’s net worth rose to $6.6 billion US dollars, making him the richest black man from America in history.
The new net worth surge is as a result of the increase in the value of his streetwear sneaker brand, Yeezy and his other businesses. Yeezy creates and sells high-end luxury streetwear sneakers in partnership with Adidas.
Other businesses that have contributed to his high net worth includes his music catalog, his ex-wife Kim Kardashian’s shapewear business “Skims”, his many real estate assets and other investments.
According to Forbes Magazine, his stake in Yeezy contributes largely to his net worth.
“Led by his popular Yeezy brand, which has partnered with adidas and Gap Inc., the brand is now worth between $3.2 billion and $4.7 billion by UBS Group AG. Ye’ has also amassed $122 million in cash and stock and $110 million from his music catalog.” Forbes estimated.
Kim Kardashian filed for divorce from Kanye last month, after months of rumors in the media about their estranged marriage and news of the couple living in different apartments.
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