Kanye West becomes richest black man in American history

Kanye West.
Kanye West.

Kanye West has become the richest black man in US history, with his net worth reported to have reached $6.6 billion.

The net worth was reported by Bloomberg, which gives West an upper hand over the likes of investor and businessman, Robert F Smith and basketball legend, Michael Jordan.

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After claiming he was $53 million in debt just three years ago, the rapper and fashion tycoon became a certified billionaire last year with the help of his successful apparel and trainer brand, Yeezy, and a new multi-year contract with clothing retailer Gap.

According to Bloomberg, West’s Yeezy brand – and deals with Gap and sportswear giant, Adidas – is valued at $3.2 billion to $4.7 billion.

The new Yeezy Gap line, set to be released later this summer, is expected to be worth more than $970 million.

As he is the sole owner of the Yeezy company, much of West’s personal net worth comes from there.


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