Kanye West’s exact net worth is mostly unknown for the simple reason that he has never revealed it to the public. The closest that he has come to that was in 2016 when he tweeted that he had $53 million in personal debt because of his interest in the fashion industry. However, even if that figure was correct, there are reasons to believe that there was much more to the story than what West revealed on Twitter. Regardless, considering the sheer interest in the man, it should come as no surprise to learn that a number of sources have produced estimates of his net worth. The latest of those estimates from Forbes suggests that he has a net worth of $250 million as of 2019, which is based on a number of sources of income.
How Did Kanye West Reach His Current Net Worth?
First and foremost, West is a rapper, so it makes sense that his music is what has brought him most of his fortune. Part of this would have come from the sales of his music. However, it should be noted that West has made a fair amount from his tours as well. For example, Forbes has claimed that his Yeezus Tour from 2013 to 2014 contributed double-digit millions to his net worth. Considering that was but one of his seven tours so far, it seems safe to say that West’s music has played a pivotal role in earning him his fortune, particularly since the rest of his ventures received a significant boost from the fame that he earned as a rapper.
As stated, West is interested in the fashion industry. In fact, he has combined his endorsements with his interest in the fashion industry by creating fashion lines in cooperation with various companies of note. For example, there was a partnership with Nike that came to a close because West claimed that he wasn’t being paid royalties. However, there is a current partnership between West and Adidas, which seems to be doing well because their contract means that West will be getting full-fledged stores for his fashion line. On top of this, it has been revealed that West is expected to design even more clothing for even more occasions, which will presumably add to his earnings as well.
Besides this, West has been involved in various other ventures as well. For example, he was planning on opening a number of burger franchises at one point in time. However, that particular venture didn’t turn out so well, as shown by the fact that he eventually opened up much fewer franchises than what he had initially announced before eventually shutting down those that he had opened. However, West’s other ventures have been more success. One excellent example is GOOD Music, which is a record label that has released a number of successful albums from a number of successful artists ever since it was founded in 2004 by West in cooperation with Sony BMG. Likewise, West is actually one of the co-owners of Tidal, which is a music streaming service that stands out both because it is artist-owned and because it is intended to combat the unfairness of the low royalties that existing music streaming services pay to the artists. Summed up, while it would be exaggerating to say that West has a metaphorical Midas touch, he is nonetheless doing quite well when it comes to his business ventures, meaning that they are presumably contributing a fair amount to his net worth as well.
With that said, it is interesting to note that West is estimated to have a somewhat lower net worth than his wife Kim Kardashian, who has been estimated to be worth about $150 million. Suffice to say that it will be interesting to see how the couple’s combined star power will be translated into further earnings in the future. Already, they have teamed up to launch their own line of children’s clothing, which happened in 2017. However, there are a lot of other possibilities for their combined star power, though of course, there is no guarantee that the ones that they choose will work out in the end. Regardless, it doesn’t seem as though West will stop building up his net worth anytime soon. Certainly, his name has been in the news in recent times because of his ill-advised comments, but to be perfectly honest, there isn’t much reason to believe that they’ll sink him when his previous comments had no such effect.
2018 – Present
According to Wikipidia, In August 2018, West released the non-album single “XTCY” which was originally slated to be included in Ye. On September 7, 2018, West released a collaboration with American rapper Lil Pump titled “I Love It”. On September 9, 2018, West announced via Twitter that Watch the Throne 2 would be coming soon. Later that month, West also announced his ninth studio album Yandhi to be released by the end of the month and a collaborative album with Chicagoan rapper Chance the Rapper titled Good Ass Job. West also announced in September that he would be changing his stage name to “Ye”. Yandhi was originally set for released on September 29, 2018 but was postponed to November 23, 2018. West later postponed the album again in November 2018 with no new release date set.
Later in 2018, West began collaborating with other new acts besides Lil Pump. West appeared as a guest feature on the tracks “Kanga” and “Mama” with Nicki Minaj on American rapper 6ix9ine’s debut album Dummy Boy. West is also the sole feature on XXXTentacion’s first posthumous album Skins. 6ix9ine and XXXTentacion are both slated to be included on Yandhi. In January 2019, West pulled out of headlining the years Coachella festival, after negotiations broke down due to discord regarding stage design.
On January 6, 2019, West started his weekly “Sunday Service” orchestration which includes soul variations of both West’s and others’ songs attended by multiple celebrities including the Kardashians, Charlie Wilson, and Kid Cudi. West previewed new song, “Water” at his “Sunday Service” orchestration performance at weekend 2 of Coachella.
Kanye West’s Top 10 Rules for Success
Memorable Kanye West Quotes
- “I refuse to accept other people’s ideas of happiness for me. As if there’s a “one size fits all” standard for happiness”
- “If you have the opportunity to play this game called life, you have to appreciate every moment. A lot of people don’t appreciate their moment until it’s passed”
- “People always say that you can’t please everybody. I think that’s a cop-out. Why not attempt it? ‘Cause think of all the people you will please if you try”
- “My goal, if I was going to do art, fine art, would have been to become Picasso or greater. That always sounds so funny to people, comparing yourself to someone in the past that has done so much, and in your life you’re not even allowed to think that you can do as much. That’s a mentality that suppresses humanity.”
- “I feel that I’m very blessed. But with great blessings come great responsibility.”
- “I’m not comfortable with comfort. I’m only comfortable when I’m in a place where I’m constantly learning and growing.”
- “Why, if someone is good in one field can they not be accepted or given the slightest opportunity to express and be creative in other fields?”