How Much is Kanye West’s Actual Net Worth? Did He Own Yeezy?

How Much is Kanye West's Actual Net Worth? Did He Own Yeezy?

An American rapper, record producer, and fashion designer by the name of Kanye West was born on June 8, 1977. He is widely recognized as one of his generation’s greatest musicians as well as one of the greatest and most influential hip hop artists of all time. West, who was born in Atlanta and raised in Chicago, rose to fame as a producer for Roc-A-Fella Records in the early 2000s. He did this by creating the “chipmunk soul” sampling technique and releasing singles for a number of singers. He published The College Dropout, his debut studio album, with the intention of launching a solo career as a rapper (2004). Along With Kanye West’s, Rick Ross Net Worth is also the most searched topic nowadays.

Kanye’s Early Life And Career Beginnings

In Atlanta, Georgia, on June 8, 1977, Kanye Omari West was born. When West was three years old, his parents divorced, and he relocated to Chicago, Illinois, with his mother. There, he met DJ/producer No I.D., who served as his mentor, and started experimenting with music. In 1997, he was awarded a scholarship at the American Academy of Art, but he decided to transfer to Chicago State University to study English. At age 20, he eventually quit school to focus on his music career. After quitting college, West started producing beats for nearby artists while honing his own sound. His first recorded work as a producer was for Chicago rapper Grave’s 1996 self-titled debut album. During this time, he also provided music for Foxy Brown, Deric “D-Dot” Angelettie, and Harlem World.

How He Raised Fame in Music Career!

When he started working as a producer for Roc-A-Fella Records in 2000, working with musicians like Ludacris, Alicia Keys, and Janet Jackson, West had his big break. Jay-2001 Z’s album The Blueprint, which West produced, attracted a lot of attention for his production skills. He produced music for Jay-Z, Beyoncé, John Legend, Alicia Keys, Janet Jackson, and a long list of other artists throughout this time. West’s first ambition was to become a rapper, despite his fame as a producer. After being turned down for a deal with Capitol Records in 2001, he was able to persuade the head of Capitol Records to sign him to Roc-A-Fella Records.

West was moved and recorded the song Through the Wire while his mouth was still wired shut following a serious vehicle accident in October 2002 in which he fractured his jaw. His debut album, The College Dropout, which was leaked months before its intended August 2003 release date, was built on the foundation of this song. West put off the album’s release three times so he could remix, remaster, and edit it. He received 10 Grammy Award nominations for The College Dropout, which was eventually released in February 2004 to acclaim and was ultimately certified triple platinum in the US.

West put two million dollars into the making of his second album as he started working on it, including hiring a real string orchestra. By the end of the year, the August 2005 edition of Late Registration had sold more than 2.3 million units in the US. Graduation (2007), 808s & Heartbreak (2008), My Beautiful Dark Twisted Fantasy (2010), Watch the Throne (2011), Yeezus (2013), The Life of Pablo (2016), Ye (2018), and Jesus is King are some of his following albums (2019).

Kanye West Net Worth
Kanye West Net Worth

Kanye West Earnings By Year:

Years Earnings
2007 $17,000,000
2008 $30,000,000
2009 $25,000,000
2010 $12,000,000
2011 $16,000,000
2012 $35,000,000
2013 $20,000,000
2014 $30,000,000
2015 $22,000,000
2016 $18,000,000
2017 $22,000,000
2018 $90,000,000
2019 $100,000,000
2020 $200,000,000
Total $437,000,000

How Kanye’s involved With Yeezy

With his 2009 Air Yeezy sneaker, West became the first non-athlete to sign a shoe deal with Nike. West has long exhibited an interest in fashion. Along with Louis Vuitton, Bape, and Giuseppe Zanotti, he has also created footwear. In 2011 and 2012, he also debuted two apparel lines during Paris Fashion Week. Adidas formally unveiled its new shoe collaboration with West in December 2013.

The “Light Brown” version of the Yeezy Boost 750 sneaker was first made available on February 14, 2015, only in New York City via the Adidas mobile app, and it sold out in just ten minutes. The Adidas and Yeezy sneaker collaboration had a total of 19 colors and 6 designs as of December 2017. 2015 saw the launch of Season 1 of Kanye West’s Yeezy apparel brand with Adidas. Season 2 came out later that year, and Season 3 premiered in February 2016.

Adidas stated in June 2016 that West has signed a long-term partnership with them after the success of his early launches. Kanye typically receives a 10% royalty on Adidas’ net sales. In contrast to Adidas.com, he receives a large royalty for goods sold through his own website, YeezySupply.com. Around 10% is his combined average royalty rate. It should be emphasized that, as of this writing, Kanye controls the whole stock of the Yeezy clothing brand.

West’s Personal Life

From 2002 to 2008, West dated fashion designer Alexis Phifer on and off, and from 2008 to 2010, he dated model Amber Rose. In April 2012, he started dating reality star Kim Kardashian. In May 2014, they got married. The couple has four kids altogether.

What is Kanye West’s net worth?

Kanye West has a net worth of $6.6 billion as of this writing. He is one of the three self-made black millionaires in American history. After his 2004 album The College Dropout was released, Kanye became extremely well-known. With 21 Grammy wins from 69 nominations, he is currently among the most popular and honored performers on the planet.

He has shifted his focus in recent years from music to business. West has amassed a large fortune thanks to his Yeezy/Adidas partnership. Kanye has recently made at least $100 million annually from his numerous projects. His royalties and other earnings from his Yeezy brand and Adidas collaboration account for the great majority of his earnings.

Yeezy earns a royalty on the more than $1.5 billion in annual sales of his own Yeezy clothing line, which he controls in its entirety. Several private bank estimates place the value of the Yeezy brand at $4 and $5 billion. According to a March 2021 UBS estimation, Yeezy increases Kanye’s net worth by $3–4 billion. According to the same report, Kanye West’s contract with The Gap increased his net worth by an additional $1 billion.

 

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