Categories: Celebrity

Forbes Says Kanye West Is NOT Worth $6 Billion

Days after Bloomberg estimated Kanye West’s net worth to be $6.6 billion — Forbes is disputing the net worth amount.

Bloomberg cited Kanye’s deal with GAP as the reason for his inflated wealth. They called him the richest Black man in America.

But Forbes says the richest Black man in America is still Robert F. Smith, who is worth $6 billion — and that Kanye is worth just $1.8 billion.

“West’s wildly optimistic approach to his net worth mirrors the approach used by Donald Trump, who insists the value of his name be included in any net-worth estimate. Trump, whom we value at $2.5 billion, says his brand has an intrinsic value, regardless of actual revenue. West and his camp are making a similar argument for businesses attached to the Yeezy name,” the publication writes.

KANYE WEST TALKS CREATIVITY

Forbes says Ye’s Yeezy empire is worth $150 million, his music catalogue is worth $90 million, Skims, which he owns with Kim Kardashian is worth $64 million. Forbes says it is not giving Ye’s deal with GAP any value until stocks sell.

They agree that Aliko Dangote of Nigeria, worth $11.8 billion, is the richest Black person in the world. 

Source link

Get Heard

Recent Posts

Ed Sheeran on Taylor Swift’s Powerful ‘TTPD’ Album & Their Friendship (Exclusive)

Getty Images Ed Sheeran chatted with “Extra’s” Melvin Robert ahead of his performance at the… Read More

3 hours ago

David Archuleta’s Mom Tears Up at Music Vid About Leaving Mormon Church

Play video content Jake Updegraff Seeing David Archuleta's mother watch the music video for his… Read More

6 hours ago

Kate Beckinsale Blasts Bullies Accusing Her Again and Again of Getting ‘Unrecognizable’ Plastic Surgery

After spending much of the year in the hospital for an undisclosed medical issue, Kate… Read More

9 hours ago

Britney Spears Blames Mom Lynne for Hotel Incident, Shows Her Injured Ankle

Getty Images Britney Spears thinks her mom Lynne is to blame for the drama surrounding… Read More

12 hours ago

Backstreet Boys Post Video of Howie Dorough Taking Shots For Cinco De Mayo

Play video content X / @baskstreetboys The Backstreet Boys are giving people ideas on how… Read More

15 hours ago

Ava Phillippe Celebrates ‘Major Milestone as a Woman,’Trolled for Being Too Fat And Too Skinny

Ava Phillippe, the 24-year-old daughter of Reese Witherspoon and Ryan Phillippe, calls out a couple… Read More

18 hours ago