And with that, West, whose partnership with Adidas accounted for $1.5 billion of his net worth, lost his spot on the Forbes list of billionaires. Ye was dropped by big brands, including Balenciaga, Gap, Vogue, and perhaps most crushingly Adidas. Here is the list of the top 12 richest rappers in the world who have been winning in the rap game on and off the stage. However, he later implied that he intends to run for president in 2024 due to Donald Trump's win in the 2016 elections. as well as other partner offers and accept our, received a $750,000 Lamborghini Aventador. Access your favorite topics in a personalized feed while you're on the go. In addition, he has real estate worth $150 million in California. His record label G.O.O.D. Our editorial content is not influenced by any commissions we receive. WebHis stakes in companies like Uber and Tidal are also worth $70 million and $100 million respectively, per Forbes. Just one week after saying he wanted to end his quarrels in the wake of Queen Elizabeths death, he took a new beef public, telling the clothing chain Gap that he is terminating his contract with them, according to a report in the Wall Street Journal. What is Kanye West's net worth now? Big business decisions are being made at Starbucks as the coffee giant navigates the post-pandemic market in 2022. }); He later came to the limelight after an accident that left him with a shattered jaw. window.adsContainer = {"positionAfterTitle":{"code":"Article_Desktop_300x250_Middle5_Rel_Newrev","isOrganicUserAd":true,"max_width":336,"max_height":280},"position2":{"code":"Article_Desktop_300x250_After_Title_Rel_Newrev","max_width":336,"max_height":280},"position3":{"code":"Article_Desktop_300x250_Below_Next_Rel_Newrev","max_width":300,"max_height":250},"position4":{"code":"Article_Desktop_300x250_Middle_Rel_Newrev","max_width":300,"max_height":250},"position5":{"code":"Article_Desktop_300x250_Middle1_Rel_Newrev","max_width":300,"max_height":250},"position6":{"code":"Article_Desktop_300x250_Middle2_Rel_Newrev","max_width":336,"max_height":280},"position7":{"code":"Article_Desktop_300x250_Middle3_Rel_Newrev","max_width":300,"max_height":250},"position8":{"code":"Article_Desktop_300x250_Middle4_Rel_Newrev","max_width":300,"max_height":250},"position9":{"code":"Article_Desktop_300x250_Middle5_Rel_Newrev","max_width":336,"max_height":280},"position10":{"code":"Article_Desktop_300x250_Middle6_Rel_Newrev","max_width":336,"max_height":280},"position11":{"code":"Article_Desktop_300x250_Middle7_Rel_Newrev","max_width":336,"max_height":280},"position12":{"code":"Article_Desktop_300x250_Middle8_Rel_Newrev","max_width":336,"max_height":280},"position13":{"code":"Article_Desktop_300x250_Middle9_Rel_Newrev","max_width":336,"max_height":280},"position14":{"code":"Article_Desktop_300x250_Middle10_Rel_Newrev","max_width":336,"max_height":280},"position15":{"code":"Article_Desktop_300x250_Middle11_Rel_Newrev","max_width":336,"max_height":280},"position16":{"code":"Article_Desktop_300x250_Middle12_Rel_Newrev","max_width":336,"max_height":280},"positionTop":{"code":"Article_Desktop_970x250_Header_Rel","isOrganicUserAd":false,"max_width":970,"max_height":250},"positionBottom":{"code":"Article_Desktop_Sidebar_Bottom_Rel_Newrev","isOrganicUserAd":true,"max_width":300,"max_height":600},"positionBottomRight":{"code":"Article_Desktop_300x250_After_Title_Rel_Newrev","isOrganicUserAd":true,"max_width":336,"max_height":280}} On Wednesday, multiple outlets reported that Kanye West is the richest Black person in America, worth as much as $6.6 billion. And the fallout has continued to hit the German athletic brand, leading the firm in February to to issue its fourth profit warning in the last six months. Honouring those personalities who have ruled the silver screen, have kept the stages alive and have been an integral part in running the global entertainment industry, the Forbes list is a mark of respect, recognition and a zeal to carry the legacy forward. Who is Ian Ousley? Kanye West no longer a billionaire after Adidas split: Forbes Kanye West Kanye has jumped over 200 places and $200 million in value since last years list, although his estimated net worth remains a Ye's assets include his music catalog, extensive real estate portfolio, and numerous vehicles. Despite the rich man he is, it did not stop Kanye to ask for a percentage share from the paparazzi when he most recently got papped at the airport. Kanye West 3.2 billion Kanye West Kanye West is the Richest Rapper in the world as of 2022. eventCategory: event.slot.getSlotElementId(), The first piece from the collection was realised in June 2021, a blue, seamless, down jacket and it was sold instantly. Moment British man is arrested at Colombian airport as he tries to fly to London with 23 kilos of cocaine Do YOU know your Adam and Eve from your Ruby Murray? The honeytrap plot that left father-of-six dead: Moment two women lead victim into his flat to seduce him 'Sonic boom' is heard across central England as 'ground shakes' and houses are rocked. West reportedly earned about $500 million in royalty payments through the first four years of the deal to 2020 with Adidas. hitType: 'event', After reviewing his finances upon request, Forbes says Kanye West is now officially a billionaire. }); "It's really just his music, and his music doesn't violate our policy," said Ek. Shortly afterwards, he posted an antisemitic tirade on Twitter. Kanye West is the richest rapper as of 2022 today, with a net worth of over $1.9 billion according to Forbes magazine. The breakup with West came just before the crucial pre-Christmas sales period, forcing Adidas to halve its 2022 profit outlook in early November to 250 million euros - and highlighted the risks some brands have taken by tying their fortunes to celebrities. Kanye West In other news, Jake Paul 2022 net worth: Star offers $30 million for Kanye vs Pete fight Current CEO Kevin Johnson Johnson, 61, will retire on April 4 of this year and will serve as a special advisor to the company and the board until September. He's also still making money from streaming, even in the wake of his recent offensive comments. Gulden said: 'We need to put the pieces back together again, but I am convinced that over time we will make Adidas shine again. Follow our daily snapshots at @lifestyleasiaindia. Forbes methodology: Figures represent 2021 pre tax earnings, minus fees for representation managers, lawyers, agents and/or business operating costs. How to Shop Carrie Bradshaws Shoes from And Just Like That, The 8 Best Indoor Cycling Shoes, According to Fitness Experts, Shimano Women's IC5 Indoor Cycling Shoe $125, The 21 Most Comfortable Shoes for Men Youll Want to Live in, The 26 Best Walking Shoes for Women of 2023, Tested and Reviewed by Experts and Editors, FN CEO Summit Makes a Major Return to Miami With The Master Class 2023, Jaden Smith on Defying Gender Norms, Fashions Future & More, Here Is Where Walmart Is Closing 7 Underperforming Stores, The Heart and Sole of the Footwear Industry. Test yourself with this Cockney Rhyming Slang quiz. $1.5 billion of Yes net worth came from that partnership. He is now worth $4 million, according to Forbes. One of his most outlandish purchases was a $500,000 super-fast luxury tank, which he's since sold. pg.acq.push(function() { 1,729 on the list with a net worth of $1.7 billion. On the other hand, Jay-Z is the second richest rapper in the world today with a net worth of U.S. $1.4 billion. 4. }); Rapper slams Kim Kardashian. On his birthday in 2012, Ye received a $750,000 Lamborghini Aventador from Kim Kardashian. Now, hes a billionaire six times over. Below is a list of Awards that Kanye West has won. Since late 2021, at least two senior members of his team have departed a communications executive who asked not to be identified, citing a fear of violating a non-disclosure agreement, and entertainment lawyer Miles Cooley. He has worked hard to own everything he has today. A new report from the American business magazine valued the rapper and fashion mogul at $1.3billion. Kanye West },false) Three women feature on the Forbes list of Highest-Paid Entertainers 2022 actor Reese Witherspoon (at no. In overview, we will list the top 10 richest hip-hop artists or rappers in the world from 2021 to 2022. The letter claims that Gap breached its agreement by not opening stores dedicated to Yeezy products and failing to release apparel. That collapsed overnight to about $400 million, according to Forbes, with much of his remaining wealth derived from his music catalogue and real estate. Required fields are marked *. Conflict is nothing new for West. Standout properties include West's two huge $14 million ranches in Wyoming, which he picked up in 2019. Kanye West has lost his status as a billionaire after Adidas ended a lucrative Yeezy apparel deal in response to his series to his anti-Semitic meltdown. In 2013 Adidas officially confirmed working together with Kanye to realize Adidas Yeezy boots. eventCategory: event.slot.getSlotElementId(), RichestInfo covers the list of the richest people and their net worth, companies, and countries in the world today. He rose to prominence after contributing to Jay-Z's The Blueprint album in 2001. Over the years, hip-hop artists or rappers have been known to be living luxurious and extravagant lives. As of 2022, Kanye Wests net worth is $400 million, according to Forbes. He's now lost the long-sought title, but is still worth a healthy $400 million, per Forbes, which ranks him the 2,543th richest person in the world. Kanye "Ye" West has beefs with many: Gap, Adidas, and us here at Forbes, to name a few. Footwear News is a part of Penske Media Corporation. }) Net Worth 2022: $1.95 billion. Kevin reported owns more than 250,000 units of Starbucks stock and earns $19,242,000 as President, CEO, and Chief Brand Officer. Forbes While some have created history and record by featuring on the list, for some it is a monumental feat to reach the coveted position. West provided $1,000 to Barack Obama's re-election campaign in September 2012 and $2,700 to Hillary Clinton's 2016 campaign in August 2015. WebKanye West is now hip-hops second billionaire, according to Forbes With an estimated net worth of $1.3billion. So how did Kanye West make his money? The American singer, songwriter, record designer, and entrepreneur is the richest rapper in the world with a staggering net worth of $1.8 billion. Kanye West, JAY-Z & Rihanna's 2022 Net Worths Revealed According to Forbes, the Yeezy brand raked in approximately $1.7 billion (Dhs6.2 billion) in 2020 from sales alone. Luxury brands like Louis Vuitton and Burberry have previously faced criticism for burning unsold sold to preserve brand value. The number of upcoming Kenyan rappers has been on the rise over the past decade. Although the Adidas Yeezy boots were limited to 9000 pairs available only in New York City, they were sold within 10 minutes. The content will be deleted within 24 hours. Kanye West net worth let gads_event; He said the commercial dilemma was confounded by the 'abruptness' of West's downfall. Kanye West is reportedly worth $6.6 billion | CNN Business Children drinking PINTS and the King riding in a 14-wheel golden HGV - this is Kate and Prince William 'are keen' for Prince George to have official role in King Charles' coronation - but Royally hard work! Kanye West Cut From Forbes Billionaire List After Adidas Way back in 2011, Ye bought a diamond-encrusted timepiece from luxury watchmaker Tiret for $180,000, per Time. Best Contemporary Christian Music Album by Grammy Awards, Favourite Music Collaboration at the People's Choice Award, Best Rap Solo Performance by a Duo or Group at the Grammy Awards, Stokes Canyon Road in Calabasas - $16 million, Commercial property in Cody, Wyoming - $2 million, 2009 Mercedes-Benz SLR McLaren Stirling Moss.