However, he owns some of the most precious and rare automobiles in the world. Earlier this month, German sportswear brand Adidas announced that it had ended collaborating with the rapper and seized production of all Yeezy-branded He is the third filmmaker to join the billion dollar directors club after Steven Speilberg and George Lucas. We asked the experts - and their answers will terrify you Public Service Announcement, do NOT watch these ads! In other news, Jake Paul 2022 net worth: Star offers $30 million for Kanye vs Pete fight eventCategory: event.slot.getSlotElementId(), In overview, we will list the top 10 richest hip-hop artists or rappers in the world from 2021 to 2022. Kanye West's net worth has skyrocketed in recent years due to his ability to diversify his work and achieve high levels of success in a wide range of professions. Kanye West A new report from the American business magazine valued the rapper and fashion mogul at $1.3billion. However, the Adidas collab was a massive deal for Kanye. By entering your email and clicking Sign Up, you're agreeing to let us send you customized marketing messages about us and our advertising partners. Adidas In October, during his brand Yeezy's show at Paris Fashion Week, Ye wore a shirt emblazoned with the words "White Lives Matter" a phrase which has been linked to various white supremacist groups. On top of that loss, Yeezy products have been pulled from the shelves at the Gap and Footlocker. }); This laid a foundation for him as a rapper, and as they say, the rest is history; after his first albums, West has established himself as one of Hip-Hop's most successful and unrivalled talents. Revealed: The new '23' number plates the DVLA deems offensive and has banned including EU23 OFF and GO23 HEL, The secret WhatsApp mode that lets you EDIT texts after you've sent them. This is his net worth. Since then, West accused Gap of freezing him out of the creative process and copying his designs. After reviewing his finances upon request, Forbes says Kanye West is now officially a billionaire. Have a look at the list below; According to the 2022 Forbes list above, the top 10 richest hip-hop artists in the world are dominated by male rappers. According to several screenshots shared by Pop Tingz, Say Cheese and Daily Loud, the page is called Make Kanye West a billionaire again and reportedly has the aim to raise $1 billion.. Although its not even two years old, the relationship has been strained for a while, with reports emerging in late 2021 that Gap was frustrated by Yeezys slow product rollout. 'Very open to the idea': Julia Wandelt takes DNA test to verify if she is missing Swiss girl Livia Schepp, Kayla Lemieux: Teacher with prosthetic Z-cup breasts suspended WITH PAY after pics show her dressed as man, 'We have lots to reveal': Madeleine McCann lookalike Julia Wandelt posts footage of meeting with PI probing claims, Lindsay Clancy case: Psychologist reveals psychosis red flags family members could have spotted, Horror at Larchwood Care! Major companies have severed ties with Ye in the wake of recent antisemitic comments. document.querySelector("#adunit").addEventListener('click',function(){ Kanye West Your email address will not be published. "It's really just his music, and his music doesn't violate our policy," said Ek. According to Celebrity Net Worth, he is estimated to be worth $6.6 billion. Here's what you need to know, Who is Joe Bonamassa's wife? The communications executive, along with representatives for Cohn Reznick, didnt respond to questions. Kevin Johnsons Net Worth Review. After a series of antisemitic remarks and "White Lives Matter" stunts, the decision by Adidas to end its deal with Kanye West's Yeezy brand slashed his net worth by $1.5 billion, according to Forbes. Below are a few of his acting credits. Kanye West net worth He also started Yeezy architecture arm called Yeezy home and KW Foods LLC, a Chicago-based company that owns the Fatburger fast-food franchise. WordPress.com VIP. However, he later implied that he intends to run for president in 2024 due to Donald Trump's win in the 2016 elections. When Forbes determined that Kanye West had a net worth of $1 billion two years ago, the reaction from the newly minted billionaire whod been arguing for a long He is now worth $4 million, according to Forbes. Forbes He began making money through music, tours and endorsement deals. His record label G.O.O.D. You are already subscribed to our newsletter! The number of upcoming Kenyan rappers has been on the rise over the past decade. Earlier this year Ye was in second place on the list of hip-hops highest earners with $250 million in earnings for 2021, but after his deal with Adidas came to abrupt end on account of his anti-Semitic comments, hes slipped to third place in terms of net worth. Kiwi film director and the person who has held the reins of Lord Of The Rings, Peter Jackson, tops the list with his staggering net worth that goes into billions. He allegedly gifted his ex-wife, Kim Kardashian, a $14 million Miami property. It is through this condition that he released his first album, Through the Wire. Due to the retention of his 5 percent stake in Kim Kardashians SKIMS shapewear line, and rights to his master recordings and music publishing, Ye remains wealthy. Kanye West Wallmine.com revealed that the current Starbucks CEO net worth is around $90 million. Now, hes a billionaire six times over. I'm a vet, and here are five dog breeds most prone to cancer - including Golden Retrievers and Rottweilers. Dr. Dre Net Worth: $780 Million. Here is the list of the top 12 richest rappers in the world who have been winning in the rap game on and off the stage. They include: Apart from music, West has also dabbled in the fashion sector. He started out making beats for up-and-coming local artists in his neighbourhood before settling on a technique that emphasized speeding up vocal samples from classic soul albums. He was ranked 1,513 on Forbess billionairess list and was the fifth-highest-paid entertainer in 2022. Ye also has an extensive collection of supercars, per GQ, including a Porsche 991 and a Lamborghini Urus. purely espresso-based drinks. Kanye, in a nutshell, earns close to $100million every year. But the biggest blow was Adidas, which had worked with West on his Yeezy sneakers since 2013. The majority owns a 3% equity stake. net worth In one Press Release On Wednesday, March 16, 2022, Starbucks announced that it was the second return for a top executive at a major company. The financial site noted that without his $1.5 billion from Addidas, he lost most of his $2 billion fortune. Forbes He was reportedly worth $2 billion at one pointthis year. Given the illiquidity of these myriad assets and the lack of independent backup, were giving all of this a 50% haircut, leaving about $125 million in assets outside of his Yeezy crown jewel. Before the brand cut ties with West, the deal accounted for about three quarters of his roughly $2 billion net worth. Kanye West Is Still Worth $400 Million. Here's How He Here are the Forbes top 25 Highest-Paid Entertainers 2022 1. Forbes methodology: Figures represent 2021 pre tax earnings, minus fees for representation managers, lawyers, agents and/or business operating costs. net worth In each content, the hyperlink to the primary source is specified. We are one of the worlds fastest growing Kanye's accomplishments have seen the artist bag millions of dollars. Adidas CEO Bjorn Gulden, who took the helm at the sportswear brand in January, has said the company is'not performing the way that we should', West's deal with Adidas brought the company billions of dollars in revenue. Wests drop in financial status follows a tumultuous month for the rapper, whose anti-Semitic and racist tirades in press conferences and on social media led to his cancellation. Earlier this month, after a barrage of social media bullying against Vogue editor Gabriella Karefa-Johnson following outrage over featuring White Lives Matter T-shirts in his YZY SZN 9 Paris Fashion Week show, Wests accounts were restricted from both Twitter and Instagram though his profiles are still publicly visible. Net Worth 2022: $200 million. His net worth has been slashed, per Forbes, but he's still worth $400 million. Become TUKO.co.ke ambassador get a branded T-shirt, hoodie or water bottle at our TUKO Shop! Madison Beer Goes Wild in Cheetah-Printed Dress & Heels at Billboard Women in Music Awards 2023, Irina Shayk Takes the Runway in Leather Boots & Charcoal Wool at Isabel Marants Fall 2023 Paris Fashion Week Show, Sarah Jessica Parker Mixes Plaids & Argyle With Leather Heels for And Just Like That Season 2, The Best adidas Running Shoes of 2023 So Far, adidas Just Released Its Adilette Slides in New Colorways That Will Have You Walking With Comfort and Style. Test yourself with this Cockney Rhyming Slang quiz. Without Adidas, Forbes reported, Ye is no longer a billionaire and his net worth plunges to $400 million. The 43-year-old rapper turned fashion and athletic shoe mogul is now window.googletag.pubads().addEventListener('slotRenderEnded', function(event) { Kanye West Worth Kanye West While some have created history and record by featuring on the list, for some it is a monumental feat to reach the coveted position. Its not. ga('ads.send', { We pursue our objective to enlighten and motivate people from all over the world. Before losing the Adidas deal, West s net worth was 2 billion. Kanye West Lastly, here is a list of the top 10 best and wealthiest female rappers in the world in 2022. Kanye West Webadidas AG engages in design, distribution, and marketing of athletic and sporting lifestyle products. pg.acq.push(function() { On October 27, when West returned to Instagram after a ban, he told his 18 million followers he had lost "2 billion dollars in one day." Pharrell Williams. Adoedas and multiple partners such as Gap, Balenciaga, CAA, JPMorgan Chase, Peloton and Foot Locker have all disassociated themselves with the Today, we shall list the top 10 richest rappers in the world in 2022 according to Forbes magazine. MEAWW is an initialism for Media Entertainment Arts WorldWide. Kevin reported owns more than 250,000 units of Starbucks stock and earns $19,242,000 as President, CEO, and Chief Brand Officer. Wallmine.com revealed that the current Starbucks CEO net worth is around $90 million. Kanye West is no longer a This figure rests on Ye's extremely popular music catalog, which is still available on major streaming services, as well as his extensive real estate portfolio, numerous flashy assets, and a 5% stake in ex-wife Kim Kardashian's shapewear brand Skims. Apple Music, Spotify, and Amazon Music did not respond to Insider's requests for comment. On his birthday in 2012, Ye received a $750,000 Lamborghini Aventador from Kim Kardashian. The Highest-Paid Entertainers 2022 - Forbes But, following Kanyes actions over the past few weeks, Adidas decided to end their decade-long business alliance with his brand, Yeezy. Twitter and Instagram kicked him off, and former collaborators like Balenciaga and CAA cut ties. hitType: 'event', Net worth: USD 270 million. Kanye Aliko Dangote: $14 billion. Drake is the biggest rapper of 2021, having received over 3,905,528,102 streams in the current year. According to Forbes, Kanye is a billionaire with a $1.3 billion net worth. The 30 Richest Rappers in the World - Wealthy Gorilla Spotify CEO Daniel Ek told Reuters that, although he considered Ye's antisemitic comments "just awful," those messages don't feature in his music, so don't affect his future on Spotify. The term G.O.O.D stands for "getting out our dreams." How to Shop Carrie Bradshaws Shoes from And Just Like That, The 8 Best Indoor Cycling Shoes, According to Fitness Experts, Shimano Women's IC5 Indoor Cycling Shoe $125, The 21 Most Comfortable Shoes for Men Youll Want to Live in, The 26 Best Walking Shoes for Women of 2023, Tested and Reviewed by Experts and Editors, FN CEO Summit Makes a Major Return to Miami With The Master Class 2023, Jaden Smith on Defying Gender Norms, Fashions Future & More, Here Is Where Walmart Is Closing 7 Underperforming Stores, The Heart and Sole of the Footwear Industry. On the other hand, Jay-Z is the second richest rapper in the world today with a net worth of U.S. $1.4 billion. }) How did Kanye West make his money? 1,729 on the list with a net worth of $1.7 billion. Now Diddy has the second-place spot, after trailing behind Ye in the past. Then, we will state their estimated net worth for the current year. Tom Girardi's net worth: How rich is Erika Jayne's ex-husband? Kanye West is reportedly worth $6.6 billion | CNN Business eventCategory: event.slot.getSlotElementId(), Kanye West, pictured in October last year, was dropped by Adidas and several other brands after a series of anti-Semitic outbursts, Adidas is now stuck with Yeezy stock worth about $500 million - and could even decide to burn the stock rather than be seen profiting from from a collaboration with an anti-Semite. In July 2020, Kanye announced that he would run in the 2020 presidential election. The rap and fashion icon's net worth is plunging as corporate partners flee his antisemitism. The Chicago native added, We all gotta make money together. Children drinking PINTS and the King riding in a 14-wheel golden HGV - this is Kate and Prince William 'are keen' for Prince George to have official role in King Charles' coronation - but Royally hard work! $1.5 billion of Yes net worth came from that partnership. The 45-year-old shocked the world last year following a string of bizarre behavior, including introducing a series of shirts to his fashion line with 'White Lives Matter' at Paris Fashion Week. Imma change that, adding, Im not saying it in a negative way. And with that, West, whose partnership with Adidas accounted for $1.5 billion of his net worth, lost his spot on the Forbes list of billionaires. eventCategory: event.slot.getSlotElementId(), This was just one element of his wild array of off-roaders, which includes a fleet of amphibious all-terrain vehicles. According to Celebrity Net Worth, the legendary rap star is valued at a massive $6.6billion. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. ", Skims told The New York Times that Ye has "no active role" at the company, describing him as a "small minority shareholder. as well as other partner offers and accept our, received a $750,000 Lamborghini Aventador. In April 2020, Forbes valued Kanye's net worth at $1.3 billion, a far cry from $6.6 billion less than a year later. Footwear News is a part of Penske Media Corporation. Analysts now say Adidas, which has already said the debacle hit revenues by $1.3bn, could be forced to burn the stock - because it risks a PR nightmare if they are still sold at a discount. Help us change more lives, join TUKO.co.kes Patreon programme. Pay attention: Become TUKO.co.ke ambassador get a branded T-shirt, hoodie or water bottle at our TUKO Shop! eventCategory: event.slot.getSlotElementId(), 1. Forbes rolled out the list for Highest-Paid Entertainers 2022 on 11 February and it includes many illustrious names.. Honouring those personalities who have ruled the silver screen, have kept the stages alive and have been an integral part in running the global entertainment industry, the Forbes list is a mark of respect, recognition and a zeal to He's now lost the long-sought title, but is still worth a healthy $400 million, per Forbes, which ranks him the 2,543th richest person in the world.