Kanye West’s net worth became the talk of the town yesterday after news dropped that his ADIDAS deal is worth a whopping $970 million dollars. That nearly $1 billion score for Ye made people talk about how much dough he’s really bringing in.

Kanye’s net worth was reported to be $6.6 billion by Bloomberg, but Forbes came back with a correction. They estimated Ye’s net worth to be around $1.8 billion instead.

West’s name was recently trending when he was deemed “the richest Black person in America” after the number $6.6 billion went viral. That doesn’t seem to be the case. He had a reported net worth of $1.3 billion in April 2020, so that was quite a jump.

Bloomberg’s estimate was based on projected earnings through his Yeezy Gap line. They also sweetened the pot by making it a best case scenario kind of thing by placing very high future values.

For the record, Kanye isn’t the richest Black person in America. That still goes to Robert F. Smith of Vista Equity who is worth $6.6 billion dollars.

Tags: Kanye West
H Jenkins

Years of experience in writing, journalism, and digging exclusive insider info for Ringside News opened the door for a new opportunity for Jenkins. With a history in finance, he broke into the journalism game by writing on blogs and other freelance websites before branching into sports and entertainment news. Being in tune with pop culture doesn't mean it has to make sense, but he tries. Favorite bands include any group from Seattle who formed between 1991 and 1999. 5 Ozzfests under his belt and 12 Warped Tours, but his last concert was a bluegrass AC/DC cover band that was not 100% terrible.

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