Unlike last year, when Kanye West was refused billionaire status by the financial magazine, Forbes has now officially declared West as a billionaire estimating his net worth at $1.3 billion USD. However, according to the new account in Forbes’ article, Kanye West is said to still be unhappy as a consequence of the recent report.
Forbes’ estimate of West’s net worth derives from an in-depth analysis of Kanye West’s financial reports. The breakdown included royalties and revenue adapted from his solely owned YEEZY brand, G.O.O.D Music label, contracts with Adidas, liquid assets, as well as any debts.
However, Kanye West has challenged that he has, once again, been undervalued by Forbes and is now claiming that his actual net worth is $3.3 billion USD.
It was reported that Kanye personally texted Zack O’Malley Greenburg, a writer at Forbes: “It’s not a billion. It’s $3.3 billion since no one at Forbes knows how to count.”
Despite Kanye West’s despair, he is the second hip-hop artist to achieve billionaire status after Jay-Z, who attained his nine-figure digit back in 2019.