Kanye West Now ‘Richest Black Man In US History’ Net Worth $6.6 Billion

Kanye West Net Worth is now $6.6 Billion making him the ‘Richest’ Black Man in US History.

Lovetvnews Nigeria reports that according to Forbes Magazine, Kanye West, a Producer, rapper, and fashion mogul is now, not only the richest African American in the United States but also now the third richest celebrity in the world, behind only Steven Spielberg ($7 billion) and George Lucas ($10 billion).

He is also reportedly the richest Black person in American history.

Kanye West jumps from fourth place to first place, surpassing Oprah Winfrey’s $3.5 billion net worth, David Steward’s $3.9 billion net worth and Robert F. Smith’s $6.5 billion.

Michael Jordan is now the fifth-richest Black person in the US, with a net worth of $2.2 billion.

Led by his popular Yeezy brand, which has partnered with Adidas and Gap Inc., the brand is now worth between $3.2 billion and $4.7 billion by UBS Group AG.

This online News platform also understands that West has also amassed $122 million in cash, stock and investments in estranged wife Kim Kardashian’s clothing line, SKIMS, as well as $110 million from his music catalogue.

Last year, West claimed that his net worth was more than $3 billion, which is more than billionaires such as Oprah Winfrey, but that report wasn’t accurate.

Forbes reported that his net worth at the time was $1.3 billion, but to that, West said, “It’s not a billion. It’s $3.3 billion since no one at Forbes knows how to count.”

West has full control and ownership over the Yeezy brand and has signed a 10-year contract to sell clothing under the YZY/GAP umbrella.

Citing the document obtained by their outlet, Bloomberg noted that the new Gap line is expected “to break $150 million in sales in its first full year in 2022.”