What is Kanye West Net Worth- Updated 2021!
Kanye West is a professional rapper and songwriter who initially gained recognition after starting his career as a producer for Roc- A- Fella Records back in the 2000s. Now, he has risen to the top, and today, Kanye is one of the most popular rappers in the hip-hop industry.
This multi-talented superstar is showing no signs of slowing down and Kanye west net worth has now crossed the $1 billion mark. Curious to know what Kanye West Net Worth is and how did he make all of that in his career?
Here’s everything you need to know about Kanye West net worth and his life:
|BORN||June 8th, 1977|
|NATIONALITY||UNITED STATES OF AMERICA|
|HEIGHT||5 FT 8 (1.73 M)|
|SOURCE OF WEALTH||Professional Rapper|
|PROFESSION||Songwriter, singer, Actor, Record Producer, Film Producer, Rapper, Screenwriter, Businessperson Fashion designer, and Music Video Director|
|Net Worth||$1.8 Billion|
How much is Kanye West Net Worth? Find Out Now!
Kanye Omari West is an American rapper, singer, songwriter, Fashion designer, and entrepreneur, who is now one of the world’s most successful and awarded musicians, with 21 Grammy wins out of 69 nominations. The star gained worldwide recognition after the release of his first album ‘The College Dropout’ in 2004.
He is surely a controversial musician in the American hip-hop industry and has gained a name for himself. However, in recent years, Kanye has pivoted away from the music industry and stepped into the world of entrepreneurship. His Yeezy and Adidas partnerships have earned him a sizable fortune. As of Today, he is the richest Black person in the music industry.
Kanye West NetWorth is estimated to be around $1.8 Billion, as of 2021.
Early Life and New Beginnings:
Kanye West was born on the 8th of July, in 1977 in Atlanta, Georgia. His parents got a divorce when Kanye was just 3 years old, and he lived with his mother in Chicago.
His father’s name is Ray West, who is a former Black Panther and he moved to Maryland after their divorce to open a store and a Café with the capital from his son.
When West was in third grade, he began rapping and made some musical appearances in seventh grade. He then received a scholarship after he graduated from high school and started attending Chicago’s American Academy of Art, in 1997. However, the young ambitious Kanye West dropped out when he was only 20 to pursue his musical dreams.
He was involved in small music productions until the early 2000s. West made music for small local artists and was a producer for Decic ‘D- Dot’ Angelettie. He got his big break when he began working with ‘Roc- A- Fella Records, where he collaborated with big artists like Ludacris, Common, and Cam’Ron.
Even though Kanye started gaining recognition as a successful producer, his heart’s desire was still to become a rapper. So, in 2004, Kanye West released his first album titled ‘The College Dropout’ which sold over 441,000 copies in just one week.
After his earlier album had already sold more than 2.3 million copies in the United States, West collaborated with the composer ‘Jon Brion’ to work on his second album ‘Late Registration. Just 2 years after that, he released his third studio album titled ‘Graduation’, which topped the US Billboard 200 Charts at No.1 and sold over 957,000 in just one week. The album’s track title ‘Stronger’ became his biggest single yet.
In 2010, Kanye West released his fifth studio album called ‘My Beautiful Dark Twisted Fantasy’ which also topped the Billboard charts and was considered to be a ‘genuine piece of work’ by the critics. His album became platinum in the U.S.
Today, he is known to be one of the most popular and successful rappers in the world and has also collaborated with superstars like Eminem, Jay- Z and Beyonce, etc.
As of 2021, Kanye West Net Worth is estimated to be approximately $1.8 Billion.
How does Kanye West spend his Money?
Most of Kanye West’s fortune came from his footwear and apparel brand named ‘Yeezy’.
Kanye West and Kim Kardashian bought their own house for $20 Million in 2014 and they reportedly spent 4 years and $20 million more on its renovation before moving in later in 2018. Kris Jenner tweeted that their house was worth almost $60 million.
Kanye West Instagram: https://www.instagram.com/kanyewest
Kanye West Twitter: https://twitter.com/kanyewest
Kim Kardashian’s engagement ring is approximately 20- carat diamond and has an estimated worth of $4.5 million. It is considered one of the most expensive celebrity engagement rings.
Rapper Kanye West also reportedly spent $74,000 on gifts for him and Kim’s firstborn daughter, North West, who was just 18 months old at that time. The haul included a $12,000 toy replica of the rapper’s Black SUV and a $62,000 worth diamond-encrusted tiara.
The rapper has long expressed his massive interest in fashion and clothes and was also the first non-athlete that scored a shoe deal with Nike with his Air Yeezys sneaker in 2009. West has even designed footwear with brands like Louis Vuitton, Giuseppe Zanotti, and Bape.
Kanye West released his two clothing lines at Paris Fashion Week in the years 2011 and 2012. Then in 2013, Adidas officially announced its new shoe collaboration deal with Kanye West.
Following the great success after his earlier releases, the Adidas brand signed a long-term contract with West in 2016. Now, on average, the American songwriter earns a 10% royalty on net revenues from Adidas. He even earns a high royalty through his own website‘ YeezySupply.com’ for each merchandise sold on it. Kanye West owns 100% of the Yeezy apparel line.
In the year 2004, Kanye West founded his record label and production company known as ‘G.O.O.D Music’ with Sony BMG. The term ‘G.O.O.D’ is an acronym for ‘getting out our dreams and a lot of hit artists signed to this record label, including Kanye himself, John Legend, Common, Teyana Taylor, Big Sean, and others.
Kanye had an on–and–off relationship with designer Alexis Phifer which lasted from about 2002- 2008. The billionaire then started dating Model Amber Rose from 2008 -2010 but that didn’t work out either. West then started going out with reality star Kim Kardashian in 2012 and the celebrity couple tied their knots in 2014. Together, they have four children.
Highlights of Kanye West Career:
Here are some of the top highlights of Rapper Kanye West’s Career:
- Late Registration, in 2005 (Album)
- Gold Digger Song, in 2005.
- BET Award for Video of the Year, in 2006.
- Graduation Album, in 2007.
- Can’t tell me Nothing Song, in 2007.
- My Beautiful Dark Twisted Fantasy, in 2010 (Album).
- Runaway Music Video, in 2010.
- Ni**as in Paris, in 2011.
- Yeezus, in 2013 (Album).
- Bound 2 Song, in 2003.
- Grammy Awards for the Best Rap Performance, in 2014.
- The Life of Pablo, in 2016 (Album)
- Famous Song, in 2016.
- Ultra-light Beam Song, in 2016
- Ye, in 2018 (Album)
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- Kanye West is the richest black man in the US industry.
- He has sold more than 140 million albums/ singles during his career.
- His Music Catalog is almost worth $110 million.
- Kanye West net worth is about $100 million through real estate.
- Owns 100% of the ‘Yeezy’.
- Kanye earns approximately $150- 200 million in Yeezy Royalties each year.
- He has a partnership with ‘The Gap’ which is almost worth $1 Billion.
Kanye West Net Worth:
Kanye West is one of the world’s most successful rappers, who has collaborated with superstars from all across the globe. He has also made a mark in the fashion industry and started a record label of his own as well.
As of today, Kanye West Net Worth is estimated to be approximately $1.8 Billion.