Kanye West Net Worth 2023, A Real Time Update On His Life!

kanye west net worth
kanye west net worth

Kanye West’s net worth? American rapper, songwriter, singer, record producer, fashion designer, and rapper Kanye Omari West hails from Atlanta, Georgia.

Kanye West began his career as a producer for Roc-A-Fella, working with many of the label’s recording artists to create hit singles. Jay-album Z’s “The Blueprint,” as well as hit singles like “Izzo (H.O.V.A. ),” “04′ Bonnie & Clyde,” “Stand Up,” and “Jesus Walks,” all benefited greatly from West’s production work. We discuss everything you need to know.

Kanye West Early Life

Kanye Omari West was born in Atlanta, Georgia on June 8, 1977. West moved to Chicago, Illinois, with his mother after his parents divorced when he was three years old. After meeting producer/DJ No I.D., who mentored him, he began experimenting with music there.

In 1997, he was awarded a scholarship to the American Academy of Art, but he transferred to Chicago State University to study English. He eventually dropped out of school at the age of 20 to pursue a music career.

West began making beats for local artists after dropping out of college to hone his own style. In 1996, he received his first official production credit for Chicago rapper Grave’s debut album, Down to Earth. During this time, he also worked with Foxy Brown, Deric “D-Dot” Angelettie, and Harlem World.

Kanye West Music Career

Kanye West worked on small music projects until the beginning of 2000. He worked as a producer for Deric “d-dot” Angelettie and made music for local artists. He got his big break when he became a producer for artists on Roc-a-fella Records and worked with singers like Ludacris, Common, and Cam’ron.

West’s first job was as a successful producer, but he really wanted to be a rapper. In 2004, when his first album, “The College Dropout,” came out, it was a big deal for him as a rapper. It sold 441,000 copies in its first week. He worked with composer Jon Brion on West’s new album, “Late Registration,” which came out in 2005.

His first album had already sold more than 2.3 million copies in the United States. Two years later, he put out his third studio album, “Graduation,” which peaked at No. 1 on the US Billboard 200 and sold about 957,000 copies in its first week. Kanye’s biggest single hit was a song called “Stronger.”

West’s fifth album, “My Beautiful Dark Twisted Fantasy,” came out in 2010. It topped the Billboard charts in its first week and was praised by critics as a work of genius. The album sold a million copies in the United States.

Since then, West has sold millions of copies of his music and is known around the world as one of the best rappers. He has worked with Eminem, Jay-Z, Beyonce, and other big names.

West has continued to work as a producer and featured artists for other musicians, such as 6ix9ine, XXXTentacion, Lil Pump, Chance the Rapper, Kid Cudi, and Teyana Taylor, in addition to his own albums and releases.

His weekly “Sunday Service” orchestration with the Sunday Service Choir, which they have performed every Sunday since January 2019, is one of his other musical endeavors. He also worked on the opera Nebuchadnezzar and Mary with the contemporary artist Vanessa Beecroft.

How Much Did Kanye West Make From Yeezy?

Forbes says that most of Kanye West’s wealth came from his Yeezy line. This may come as a surprise. In their 2020 update on Kanye West’s net worth, the publication said that Kanye “has created a brand that is challenging Nike’s Air Jordan for sneaker world supremacy.”

Because of this, it shouldn’t be a surprise that the brand made an estimated $1.3 billion in 2019 alone. Technically, Kanye owns 100% of the brand. It was thought that Adidas, which makes, markets, and sells Yeezy shoes, would give Kanye an 11% royalty, which would give him a salary of over $140 million from Yeezy sales in 2019 alone.

Adidas ended its partnership with Kanye West on October 25, 2022. In a statement, the company said, “Adidas does not tolerate antisemitism or any other kind of hate speech.”

Ye’s recent words and actions are unacceptable, hateful, and dangerous, and they go against the company’s values of diversity and inclusion, mutual respect, and fairness. This could hurt the company’s net income in 2022 in the short term by up to €250 million ($247 million).

Kanye West’s Spouse & Divorce From Kim Kardashian

The latest news is that Kim Kardashian and Kanye West are officially divorced. The two artists have agreed to part ways. Under the terms of the settlement, Kanye West will pay Kim Kardashian $200,000 a month for child custody.

But they’ll share custody of their four kids, and Kardashian will get child support since the kids are likely to spend most of their time with their mother. Kanye West will also pay half of the costs for the children’s education, personal safety, and college.

The couple got married in 2014, and Kim Kardashian asked Kanye West for a divorce in 2021 because she didn’t agree with him. Then, in March 2023, a judge said that the couple was no longer legally married.

But the question of how to divide their property and money, which was to be decided in a trial that was supposed to start on December 14, 2022, has been put off because the couple has reached a divorce settlement,

Kanye West Assets

Kanye West has more than 12 homes under his control, along with 10 cars, 4 luxury yachts, and 1 private jet. All of Kanye West’s assets are worth more than $80 million in total. Additionally, there is over $90 million in bank cash and deposits in Kanye West’s portfolio of assets.

Kanye West Liabilities and Loans

To figure out Kanye West’s true net worth, we need to subtract his debts from his assets. Kanye West has borrowed and mortgaged more than $70 million from some of the best banks in the United States so that he can build his business empire.

Wells Fargo Business Loan $8 Million
PNC Financial Services $11 Million
Citi Bank Mortgage $15 Million
Overdraft – Morgan Stanley $29 Million

Kanye West Car Collection

Over 15 luxury vehicles are kept in Kanye West’s garage. Kanye West owns a number of Bentleys, Rolls-Royces, Mercedes, and other luxury vehicles. Below is a list of Kanye West’s vehicles, along with a price estimate.

  • Lamborghini Aventador – $1 Million USD
  • Bentley Continental GT – $900,000 USD
  • Lexus GX – $160,000 USD
  • Rolls-Royce Cullinan – $1 Million USD
  • Range Rover Sport – $210,000 USD
  • Rolls-Royce Dawn – $1 Million USD
  • Porsche 911 – $260,000 USD

Kanye West House

Kanye West owns more than 20 homes spread out across the country. Kanye West recently paid $37 million USD for a 20,000-square-foot villa in Florida. The following list includes a few of Kanye West’s additional homes.

Property Location Value
Phoenix, Arizona $5 Million USD
Oklahoma City $3 Million USD
Denver $3 Million USD
Houston $11 Million USD
Seattle $16 Million USD
Las Vegas $10 Million USD

G.O.O.D Music

Together with Sony BMG, Kanye founded the record label and production outfit G.O.O.D Music in 2004. The acronym “G.O.O.D.” stands for “getting out our dreams.” The label currently has West, John Legend, Common, Big Sean, Pusha T, Q-Tip, Kacy Hill, and Teyana Taylor among its roster of artists.

Kanye West’s net worth in 2023

Kanye West made a lot of money from his work with brands like Louis Vuitton, Nike, and Adidas. He also helped start businesses like Good Music and Donda, which made him the richest person in the entertainment business.

Kanye West has a net worth of $400 million. Kanye West once had a good net worth, according to the year 2023. But when Adidas took up a good amount, Kanye’s net worth went down. Since the German company ended the partnership, reports say that Kanye’s net worth has gone down even more.

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HImansh is a freelance writer and editor specializing in Public Relations, Culture, Politics and the intersection between them. He's a St.Xavier's College Graduate who has a degree in Public Relations. He's currently based in Chandigarh, India Word from Himansh: “If I was down to my last dollar, I would spend it on public relations.”