This article is more than
6 year oldMUCH like his sister-in-law Kylie Jenner, Kanye West is on the cusp of becoming a self-made billionaire.
According to The Blast, the legendary musician’s fashion label Yeezy, created in partnership with Adidas, just received a valuation of close to $A2.03 billion. Seeing as West is a majority stakeholder in the brand, this recent assessment would put the rapper’s personal net worth somewhere around a billion dollars.
A source told the website that West “has received several offers for investments and potential buyers of the company, but he has not decided yet how much, if any, he wants to part with.”
During an appearance on “Jimmy Kimmel Live” earlier this week, West’s wife, Kim Kardashian, warned fans that her husband would be imminently joining the so-called “three-comma club.”
Asked if she was “almost a billionaire,” the Selfish author replied, “I would say my husband is, so that makes me one, right? Close by proximity.”
Back in April, West shared this rather prescient tweet: “Yeezy will hit a billion dollars this year. It is the 2nd fastest growing company in history. It is a unicorn on its way to becoming a decacorn.”
We have 160 positions to fill by the end of the year. Yeezy will hit a billion dollars this year. It is the 2nd fastest growing company in history. It is a unicorn on its way to becoming a decacorn.
— KANYE WEST (@kanyewest) April 25, 2018
While many scoffed at the bombastic statement at the time, it appears the rapper’s prediction was dead on.
Last month, Forbes published a story on 20-year-old Jenner, who is set to become the youngest ‘self-made’ woman billionaire in America.
This article originally appeared on the New York Post and has been republished here with permission.
Newer articles
<p>The two leaders have discussed the Ukraine conflict, with the German chancellor calling on Moscow to hold peace talks with Kiev</p>