Kanye West and Kim Kardashian are splitting, but Yeezy will be fine.
According to Bloomberg, Kanye’s new deal with Gap is set to land him nearly $1 billion. That’s ONE BILLION DOLLARS! The new collection is valued at $970 million dollars.
Kanye’s net worth is now around $3.2 billion to $4.7 billion according to recent estimates from UBS Group.
Kanye West has reportedly been laser-focused on his upcoming Gap collection recently, and the value estimate for the team-up makes it abundantly clear why.
’Ye also has $122 million in cash and stock, $110 million for his music catalog, and $1.7 billion in other assets including Kim Kardashian’s SKIMS brand.
He retains ownership and control of the Yeezy brand through ADIDAS. That ten year deal to sell clothes under the Yeezy Gap label includes shoes as well. His deal with ADIDAS lasts until 2026.
Kanye has a huge empire and the man’s companies are valued at $5.1 to $6.6 billion. Forbes reported in 2020 that Ye was worth $1.3 billion. Later on, the Gap deal changed that number dramatically. Ye claimed during Nick Cannon’s “Cannon’s Class,” that it shot his net worth to around $5 billion in total.