HomeBusiness & EconomyKanye West becomes...

Kanye West becomes richest black man in American history

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.

READ ALSO: Meet Samia Suluhu Hassan; First woman to become president of Tanzania, East Africa

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.

Follow the Neptune Prime channel on WhatsApp:

Do you have breaking news, interview request, opinion, suggestion, or want your event covered? Email us at neptuneprime2233@gmail.com

Get notified whenever we post something new!

spot_img

Continue reading

What will they eat when they finish the money?, by Azu Ishiekwene

What will they eat when they finish the money?, by Azu Ishiekwene   The grave is never satisfied, but other things compete with it for insatiability. I can’t help feeling that some members of Nigeria’s National Assembly will vie for the...

Gaza Truce Brings ‘Joy and Pain’: Palestinians celebrate deal while confronting immense grief

Gaza Truce Brings 'Joy and Pain': Palestinians celebrate deal while confronting immense grief ‎ Story by Susan Mbamah  ‎ ‎Palestinians in Gaza reacted to news of a potential truce with a complex mixture of celebration and sorrow, as the prospect of peace forces...

WhatsApp to replace phone numbers with usernames

WhatsApp to replace phone numbers with usernames ‎ ‎Story by Susan Mbamah  ‎ WhatsApp is testing a significant update that would allow users to connect and chat without having to share their phone numbers. The new feature will let users create unique usernames,...