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Breaking News
Kanye West officially a billionaire according to Forbes, see the breakdown
Here are the Top 10 Afrobeats Albums of the Decade (iTunes)
BREAKING: Supreme Court confirms Gov Seyi Makinde as the elected governor of Oyo State.
Buhari reappoints Patience Oniha as DMO DG
Uche Maduagwu blast Blessing CEO and her recently enhanced butt
David Hundeyin Calls out Movie Producer, Kemi Adetiba For Refusing to Admit The Real Storyline Behind King of Boys Movie
Gov. Matawalle backs death penalty for bandits, signs bill
Sanwo-Olu Approves Increase In BRT Fare
Ketanji Brown Jackson Sworn In As First Black Female Supreme Court Justice In US (Photo)
WATCH: Two Men Destroy Their Vehicles After An Altercation On A Busy Road in Lagos
Singer, Portable Bows To Pressure, Obeys Police Invitation Order
As A Public Figure, Learn To Keep Your Marriage Private And Secret – Reno Omokri Tells Celebrities
US President Joe Biden Demands Immediate Codification of Roe Vs Wade Abortion Rights Into Law
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Celebritiesmoney

Kanye West officially a billionaire according to Forbes, see the breakdown

by Ayodeji Onibalusi April 25, 2020
written by Ayodeji Onibalusi

The Billionaire tracking magazine, Forbes Magazine, has revealed that American A-list rapper turned gospel singer and entrepreneur, Kanye West has become a billionaire.

View this post on Instagram

A post shared by OYO Gist (@oyogist) on Apr 24, 2020 at 6:15pm PDT

According to Forbes Magazine reporter, Zack O’Malley Greenburg, Kanye had long pushed for his name to be included in the list of billionaires, insisting that his networth was somewhere in the region of $3.3 billion dollars.

With his massively successful Yeezy brand that is tied in a complex partnership with Addidas and a very successful music career, that figure may not be far from reality. But Kanye, famous for his outsized self-image and larger than life image, Forbes was very skeptical, and this drew ire from the talented artist.

Forbes reported that Kanye barraged them with texts for ignoring him in their more recent billionaire list, and to make matters worse for Kanye, his little sister-in-law Kylie Jenner made the list.

Kylie Jenner, Kanye West's Sister-in-law
CREDIT: Shot from Kylie Jenner Twitter
https://oyogist.com/2020/03/kylie-jenner-donates-1-million-to-help-fight-coronavirus-%ef%bb%bf/

In one texts, Forbes described Kanye as saying, “since no one at Forbes knows how to count.”

Fast-forward to this month, and Kanye opened his books to the team at Forbes and after a long, detailed but complex number-crunching and analysis, the media outlet arrived at a figure apt for Kanye’s networth: $1.3 billion.

Although Kanye disputed the figure and insisted his networth is $3.3 billion, he’s finally made it to the list of billionaires, with a sum $300,000,000 higher than his sister-in-law, Kylie Jenner.

So, what are the sources of Kanye’s massive fortune?

To put it short, less than 10% of it is liquid – that is he doesn’t have much cash sitting in the bank. But he owns several juicy assets, and like most billionaires, his networth is tied to tangible investments that most laymen would snub.

1: His stake in Yeezy. Yeezy’s annual revenue is reportedly over $1.3 billion dollars according to Forbes magazine, and Kanye owns 100% of it. But a complex agreement means that Addidas still takes the majority of the chop and leaves the brilliant artist-turned-designer with barely 11% of it, which means, he only gets $140 million from his shoe brand.

2: Real estate. Kanye is renowned for his taste in high-quality architecture and his houses are testaments to that. Forbes report that according to Kanye West’s team, his biggest assets include $81 million in “buildings and improvements,” plus another $21 million in land. The artist owns several other multi-million dollars landed properties that he shares with his famous wife, Kim Kardashian West.

Kim Kardashian West, Kanye's wife
CREDIT: Kim Kardashian Twitter
https://oyogist.com/2020/01/kim-kardashians-fridge-is-nothing-like-what-youd-ever-imagine/

3. Vehicles: Kanye sure loves his toys, so it’s not unimaginable when Forbes listed that the versatile artiste close to $4 million in vehicles.

4. Kanye West’s G.O.O.D label: According to Forbes, documents showed the artist owns at least $90 million in publishing rights from his record label.

5. Two Wyoming ranches: Forbes reported that Kanye and his wife own close to 10,000 acres among themselves.

6. Cash and stocks: Remember we said that Kanye doesn’t have much cash? Well, that’s compared to his billionaire status, he’s not like any of you broke asses. He reportedly has $17 million in cash and $35 million in stocks.

7. Debts: Kanye is also big on debts after Forbes revealed that between debts and advances and mortgages alongside other liabilities, Kanye’s debt is nearly $100 million.

To round it up, Forbes put Kanye West’s total networth at $1.3 billion dollars. Not bad at all.

https://oyogist.com/2020/01/where-is-the-fact-checking-kim-kardashian-debunks-video-of-kanye-falling-off-a-horse/

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April 25, 2020 1 comment
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Entertainment

Here are the Top 10 Afrobeats Albums of the Decade (iTunes)

by Ayodeji Onibalusi December 28, 2019
written by Ayodeji Onibalusi

Take a look at the top 10 Afrobeats albums of the decade of 2010 to 2019 according to iTunes sales. The list is mostly dominated by Wizkid and Asa who both had two of their albums feature in the list.

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December 28, 2019 1 comment
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Breaking NewsOyo StatePolitics

BREAKING: Supreme Court confirms Gov Seyi Makinde as the elected governor of Oyo State.

by Ayodeji Onibalusi December 18, 2019
written by Ayodeji Onibalusi

The Supreme Court has on Wednesday affirmed that Governor Seyi Makinde is the duly elected Governor of Oyo State.

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December 18, 2019 0 comment
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Politics

Buhari reappoints Patience Oniha as DMO DG

by Meso Ejiofor June 30, 2022
written by Meso Ejiofor

Oyogist has learned that President Muhammadu Buhari has reappointed Patience Oniha as the director-general of the Debt Management Office (DMO).

In a statement on Thursday, Garba Shehu, senior special adviser to the president on media and publicity, said the reappointment is in accordance with Section IV (9-i) of the Debt Management Office (Establishment ETC) Act, 2003.

According to the statement, the renewal takes effect from July 1, 2022.

“Her appointment for a second term was based on the significant achievements recorded by the DMO in the last five years, under her leadership,” the statement reads.

“Amongst the achievements are the introduction of Sukuk and Green Bonds to finance the development of infrastructure where there is a huge gap.

“Under her watch, as part of the initiatives to improve the sustainability of the public debt and opening up avenues for raising long-term funds for corporates, the DMO introduced long-term Bonds with tenors of 30 years in the domestic and international markets.

“This is aside from attracting diverse investors including retail investors to the FGN Bond Market.

“Internally, Ms Oniha introduced reforms to strengthen the DMO, as a critical agency in the public finance ecosystem of the country.”

June 30, 2022 0 comment
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Celebrities

Uche Maduagwu blast Blessing CEO and her recently enhanced butt

by Meso Ejiofor June 30, 2022
written by Meso Ejiofor

Controversial actor, Uche Maduagwu has blasted relationship expert, Blessing Okoro over her recently enhanced butt, oyogist reports.

Blessing Okoro aka BlessingCeo has recently undergone liposuction and butt enhancement.

Uche took to his IG page to blast her and asked her to take her new ”Ikebe” to a carpenter.

According to him, her New butt is shifted one side like the situation of Nigeria.

See his post below;

June 30, 2022 0 comment
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EntertainmentMovies

David Hundeyin Calls out Movie Producer, Kemi Adetiba For Refusing to Admit The Real Storyline Behind King of Boys Movie

by Nwani Chisom June 30, 2022
written by Nwani Chisom

Nigerian journalist, David Hundeyin has openly called out Kemi Adetiba; a top movie producer for refusing to admit the actual storyline behind King of Boys movie, Oyogist reports.

Recall there were speculations over the past few weeks regarding the actual storyline behind release of King of Boys movie.

Giving an update on this on his official Twitter page, David said ‘every single character in King Of Boys is based on a real person or composite of persons, even though Kemi Adetiba will never admit this publicly for obvious reasons.

“Makanaki, Odogwu Malay, Aare, Eniola, the pastor. All real people, he concluded.

By the way, every single character in King Of Boys is based on a real person or composite of persons, even though Kemi Adetiba will never admit this publicly for obvious reasons.

Makanaki, Odogwu Malay, Aare, Eniola, the pastor. All real people.

That is all I have to say.

— David Hundeyin (@DavidHundeyin) June 30, 2022

Kemi Adetiba is a Nigerian filmmaker, television director and music video director, whose works have appeared on Channel O, MTV Base, Soundcity TV, BET and Netflix.

June 30, 2022 0 comment
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Terrorism

Gov. Matawalle backs death penalty for bandits, signs bill

by Meso Ejiofor June 30, 2022
written by Meso Ejiofor

Oyogist has learned that Zamfara State Governor Bello Mohammed Matawalle has signed into law a Bill passed by the Zamfara State House of Assembly prohibiting and punishing terrorists, cattle rustling, cultism, kidnapping and other incidental offences.

Matawalle noted that under the law, those convicted for banditry, kidnapping, cattle rustling and cultism in the State will face the death penalty, and anyone found guilty of aiding or abetting the crimes mentioned is liable to life imprisonment, twenty years imprisonment or ten years imprisonment without option of fine.

He insisted that his administration was much more ready to battle the criminal elements in the State within the ambit of the law to secure the State and restore peace, especially in communities considered as bandits’ hub.

He said: “The new law provides that any person found guilty of banditry, kidnapping, cattle rustling, Cultism or being an informant to the bandits is liable to death penalty.

“Under the law, anyone found guilty of aiding and or abetting the crimes mentioned is liable to life imprisonment, twenty years imprisonment or ten years imprisonment without option of fine.

“The most fundamental focus of governance anywhere in the world is security.”

Governor Matawalle noted that the establishment of community protection guards was not different from the Civilian Joint Task Force, JTF, in Borno State and Amotekun in the South-West region While commending the State House of Assembly for keeping up with their constitutional responsibility of making laws to secure the State, he also lauded the Federal Government for its consistent support to Zamfara State.

Earlier, the Speaker Zamfara State House of Assembly, Hon. Nasiru Magarya said that the law will serve as a legal instrument for prosecuting banditry-related offenders in the State.

June 30, 2022 0 comment
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Lagos

Sanwo-Olu Approves Increase In BRT Fare

by Meso Ejiofor June 30, 2022
written by Meso Ejiofor

Oyogist has learned that the Governor of Lagos State, Mr. Babajide Sanwo-Olu has approved the increase in all Bus Rapid Transit (BRT) and Standard routes fares.

According to Sanwo-Olu, the fares will be increased by N100.

The increase, which will come into effect on Wednesday, 13 July 2022, is aimed at ensuring sustainability of the BRT and standard route schemes.

The Governor in consenting to the fare increase also approved a proposal for a bailout for the bus operating companies (route franchise operators/concessionaires), in order to cushion the effect of the harsh operating environment, safeguard private partnership investment, and forestall the demise of formalised bus operations in the state.

According to the request, “These measures are indispensable in the current global economic and environmental reality to ensure the sustainability of the BRI operation.”

June 30, 2022 0 comment
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Auto

Ketanji Brown Jackson Sworn In As First Black Female Supreme Court Justice In US (Photo)

by Meso Ejiofor June 30, 2022
written by Meso Ejiofor

Ketanji Jackson Brown has been sworn in as the first black female Supreme Court justice, oyogist reports.

She was sworn in on Thursday by Justice Stephen Breyer, whose seat she is taking with his retirement from the bench.

Brown recited the Judicial Oath back to Jackson as he officially became a retired justice and she took her post following her confirmation earlier this year.

Breyer’s final term saw several controversial decisions with the new 6-3 conservative majority following the death of Ruth Bader Ginsburg.

The consequential term saw the landmark abortion case Roe v. Wade overturned.

The justices gathered Thursday for the swearing-in ceremony after their final two opinions of the term were issued on Thursday – including one that upheld President Joe Biden’s move to terminate the Trump-era Migrant Protection Protocols (MPP).

June 30, 2022 0 comment
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LagosLifestyle

WATCH: Two Men Destroy Their Vehicles After An Altercation On A Busy Road in Lagos

by Nwani Chisom June 30, 2022
written by Nwani Chisom

Two aggrieved men had to resort in destroying their vehicles after they collided with each other on a Lagos road, Oyogist reports.

The devastating incident occurred near a school, as one of the drivers mistakenly hit the other with his vehicle while driving.

Reacting, the aggrieved nan got down from his car and rained heavy insults on the reckless driver for hitting his car.

Not done yet, he brought out a stick from his truck and damaged the man’s car beyond imagination.

June 30, 2022 0 comment
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CelebritiesEntertainment

Singer, Portable Bows To Pressure, Obeys Police Invitation Order

by Nwani Chisom June 30, 2022
written by Nwani Chisom

Nigerian hip-hop musician, Habeeb Okikiola, aka Portable, has been interrogated by the Ogun State Police Command for allegedly instigating an assault on his victim identified as one DJ Chicken, Oyogist reports.

The command’s spokesperson, Abimbola Oyeyemi, in a statement on Thursday, June 30, said the singer was questioned after he reported to the police station on Wednesday, June 29.

Recall that Portable was seen in a viral video ordering some youths to be@t up the victim.

“Portable reported at the command’s headquarters in Eleweran on Wednesday about 5 pm with his father and manager. He was immediately ordered to be taken to the public complain bureau office by the commissioner of police, CP Lanre Bankole, where he was interrogated about his role in the assualt melted to the boy in the video.

June 30, 2022 0 comment
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Celebrities

As A Public Figure, Learn To Keep Your Marriage Private And Secret – Reno Omokri Tells Celebrities

by Meso Ejiofor June 30, 2022
written by Meso Ejiofor

Human activist, Reno Omokri has advised celebrities on relationship and marriage, oyogist reports.

The former presidential aide reacting to news that Funke Akindele and JJC Skillz’s marriage has crashed told celebrities that they can be a public figure and a keep their marriage private.

He wrote:

“You can be a public figure without having a public marriage. That is the best way to be a public and private success. You are the one who is public. Not your marriage. Even as a public figure, you must have 3 compartments to your life. Public. Private. And secret!,”

“Dear men, Your focus should be how to be a happy male. Your focus should not be how to be an alpha male. No matter the world’s pressure to be something else, be yourself. If you are naturally an alpha, okay. If you’re not. Okay too. Success is the ultimate alpha.”

This is coming after JJC Skills had today revealed that his marriage to Funke has crashed after 7 years.

June 30, 2022 0 comment
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AmericaPolitics

US President Joe Biden Demands Immediate Codification of Roe Vs Wade Abortion Rights Into Law

by Nwani Chisom June 30, 2022
written by Nwani Chisom

US President, Joe Biden has demanded an immediate Codification of Roe vs. Wade abortion rights into law.

The Global leader made this announcement in a Twitter post minutes ago.

According to Biden,

“We have to codify Roe vs. Wade into law. If the filibuster gets in the way, we should provide an exception to the filibuster to deal with the Supreme Court decision.

We have to codify Roe vs. Wade into law.

If the filibuster gets in the way, we should provide an exception to the filibuster to deal with the Supreme Court decision.

— Joe Biden (@JoeBiden) June 30, 2022

Recall last week, the U.S. Supreme Court overturned Roe v. Wade, the 1973 case that granted the constitutional right to abortion.

In doing so, the high court placed authority on abortions in the hands of state governments. After the court’s decision, several states immediately put trigger laws into effect to ban or severely restrict abortions.

June 30, 2022 0 comment
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Recent Posts

  • Buhari reappoints Patience Oniha as DMO DG

    June 30, 2022
  • Uche Maduagwu blast Blessing CEO and her recently enhanced butt

    June 30, 2022
  • David Hundeyin Calls out Movie Producer, Kemi Adetiba For Refusing to Admit The Real Storyline Behind King of Boys Movie

    June 30, 2022
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    June 30, 2022

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