Connect with us


Entertainment

Kanye West ‘believes Forbes is underestimating his $7B net worth’ after it values him at $2B 

Kanye West ‘believes Forbes is underestimating his $7B net worth’ after it values him at $2B 

Published

on

Kanye West reportedly believes Forbes is undervaluing his $7 billion net worth after making the magazine’s Billionaires List valued at $2B.

 

Advertisement

The magazine has listed West’s real time net worth at $2 billion on their star-studded list, but insiders have told The Blast West is actually worth $7 billion.

 

Advertisement

According to ET Canada, West is one of several celebrities to have made the Billionaires List. He follows Oprah Winfrey, who is valued at $2.6 billion, while his ex-wife Kim Kardashian trails him at $1.8 billion.

 

Advertisement
READ ALSO:   Davido: Why I Ran Away From $60 Million House To Sleep At Friend’s Studio

West has several deals in place, but the magazine’s criteria for determining someone’s wealth does not take into account the ‘enterprise value of long-term deals that are in place,’ according to The Blast.

 

Advertisement

Net worth is determined in part on ‘revenue from last year only.’

 

Advertisement

The Blast claims West’s team was told about the article in advance and are not pleased by the way his value has been inputted in the story.

 

Advertisement

On top of his wildly successful music career, West has a multi-year deal with Adidas with his wildly successful Yeezy range, in addition to a major one with Gap which sees him produce and design apparel for the company, according to The Blast.

READ ALSO:   Davido’s alleged new pregnant side chick, Anita Brown sends 'urgent' message to Chioma (Video)

 

Advertisement

The Yeezy Gap clothing collaboration garnered $1 billion in sales in its first year and now a new range, Yeezy Gap Engineered by Balenciaga, will be released later this year.

 

Advertisement

Kanye also owns a small stake in his ex-wife Kim Kardashian’s shapewear brand Skims, according to The Blast.

 

Advertisement

According to The Blast, West thinks the publication is trying to ‘control and diminish him even at the cost of their own integrity.’

Advertisement
Advertisement

Also Read...