Forbes declares Kanye West is a billionaire.
Last November, the rapper appeared on stage with Y.E.E.Z.Y. Steven Smith during Fast Company's Innovation Festival to criticize the news outlet for not recognizing him as a billionaire. The artist showed a receipt for $890 million.
"When people say it's crass to call yourself a billionaire, I say I might legally change my name to Christian Genius Billionaire Kanye West for a year until y'all understand exactly what it is…It will be on the license plate," he stated during the interview.
In 2019, Kanye ranked No. 2 as Forbes top-earning artists in the World. The rapper earned $150 million in 2019 thanks to sales from his Y.E.E.Z.Y. line. West felt left out when the publication announced its annual World's Billionaire list.
Forbes reveals that they finally received West's financial records, and Y.E.E.Z.Y. remains successful with a valuation of $1.3 billion, the Kanye valuation is complex. According to the CNN, West's Yeezy sneaker collaboration with Adidas is estimated to bring the rapper $140 million last year, properties, assets, and his G.O.O.D. record label are worth at least $90 million.