What Is Kanye West’s Net Worth
In 2018, wife Kim Kardashian told Jimmy Kimmel that her husband was almost a billionaire. Kanye West’s initial endorsement deal with Adidas was valued at $10 million. The Yeezy clothing and shoe company is set to hit a billion dollar value this year and although he owns most of the company, Kanye West’s net worth is currently estimated at $160 million. No chump change, but also not quite billionaire status.
Kanye West studied art as a child and was always interested in fashion. He created his first song in the seventh grade and got his first equipment to create samples at 15 years old. He got his start in music by creating beats for other stars including Jay-Z, Ludacris, and Alicia Keys. West aspired to be a rapper in his own right but struggled to get a deal because labels said he didn’t fit the gangster mold that was trending in hip hop at the time.
In 2002 West was in a serious car accident that left his jaw wired shut. The accident put Kanye West on a life changing path as it inspired his breakthrough hit “Through The Wire” and album ‘College Dropout’ which was later released by Jay-Z’s Rock-A-Fella Records. The album went tripple platinum and inspired West to start his own label G.O.O.D. Music.
West has made a considerable amount of money from album sales. In March 2017, “The Life of Pablo” became West’s eighth album to go platinum. This accomplishment is very meaningful since it is said to be one of the most bootlegged albums of all time with over 500,000 copies pirated. West canceled his “Life of Pablo” tour to deal with mental health issues. West addressed these issued on 2018’s “Ye” and says going back to producing records for a project with Kid Cudi, and albums for Pusha T and Teyana Taylor helped stabilize his bi-polar disorder.
Although Kanye has criticized the Recording Academy, he has won a total of 21 Grammy Awards, making him one of the most awarded artists of all time and the most Grammy-awarded artist of his generation. Time magazine named him one of the 100 most influential people in the world in 2005 and 2015.
West often complains of not having funds to fuel his dreams however Kanye West spent $6.2 million on his grand proposal to Kim Kardashian and $2.8 million on their wedding. West purchased a $20 million home in the Hidden Hills area of LA with his wife but has also invested another $20 million to redesign it.
In addition to make large amount of money from his fashion line, Kanye West’s merchandise from his “Ye” album sold out within hours of its release. Kane West is the second highest male and sixth highest selling artist of all time in singles sales fueling most of his $160 million net worth.