Saturday, January 7, 2023

Kanye

 Kanye West is an American producer and rapper, fashion designer, and entrepreneur. Kanye West has a net worth of $500 million at the date this article was written. In the time that Kanye was multi-billionaire, his name was on the list of three most successful self-made black people in US history. Kanye gained widespread fame upon the release of his 2004 album The College Dropout. He is today one of the most acclaimed and highly praised artists in the world with 21 Grammys out of 69 nominations. In recent years , he has pivoted away from music towards business, earning at least $100 million a year through his many ventures. The majority of his income has been from royalties as well as other earnings related to the Yeezy brand as well as his Adidas partnership.Kanye owns the Yeezy apparel brand 100 percent. He earned a royalty for every dollar of revenue that he generated while partnering with Adidas. Adidas made $2 billion in annual revenue from Yeezy and earned $250 million in profit. In the midst of his collaboration with Adidas the Yeezy brand was thought to be worth a $4 - $5 billion on its own.

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