Kanye West becomes richest black man in American history

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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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