Call him Mansa Musa from the South Side.
Producer, rapper and fashion mogul Kanye West, now worth a whopping $ 6.6 billion, is America’s richest African-American, according to Forbes magazine.
Led by its popular Yeezy brand, which has partnered with adidas and Gap Inc., the brand is now worth between $ 3.2 billion and $ 4.7 billion by UBS Group AG. Ye ‘has also amassed $ 122 million in cash and shares and $ 110 million from her music catalog.
Last year at this time, West claimed that his net worth was over $ 3 billion, which is more than billionaires like Oprah Winfrey, but that report was not accurate. Forbes reported that her net worth at the time was $ 1.3 billion, but to that, West said, “They are not a billion. It’s $ 3.3 billion since no one at Forbes knows how to count. “
West has full control and ownership over the Yeezy brand and has signed a 10-year contract to sell clothing under the YZY / GAP umbrella. Citing the document obtained through you, Bloomberg noted that the new gap line is expected “Breaking $ 150 million in sales in its first full year in 2022”.