Kanye West Net Worth And Career

Kanye West is an American rapper, record producer, fashion executive, and entrepreneur. As of 2018, Kanye West Net Worth is $4 billion. Kanye West is one of three black billionaires in the US.

Kanye West rose to prominence with the release of his 2004 album The College Dropout. He is one of music’s most celebrated and awarded musicians, earning 21 Grammy awards out of 69 nominations. He’s shifted his focus to the business world in recent years. His partnership with Nike has produced hundreds of millions of dollars.

Kanye West Net Worth

Net Worth: $4 Billion
Date of Birth: Jun 8, 1977 (45 years old)
Gender: Male
Height: 5 ft 8 in (1.73 m)
Profession: Record producer, Songwriter, Singer, Actor, Film Producer, Rapper, Businessperson, Screenwriter, Fashion designer, Music Video Director
Nationality: United States of America

 

Kanye West has made at least $100 million per year from various ventures in the past few years. Most of his earnings have come from royalties and earnings related to his Yeezy brand and Adidas tie-up.

Kanye’s Yeezy label is worth U.S. dollars one billion dollars, although Kanye keeps a percentage of the sales. UBS, late in the year 2021, estimated that Yeezy would add about $3-4 billion to Kanye’s net worth after-tax basis.

KEY FACTS
  • Is the richest black person in US history
  • Has sold 140 million albums/singles in his career
  • Owns $100 million worth of real estate
  • The music catalog is worth $110 million
  • Owns 100% of Yeezy
  • Earns $150-$200 million in Yeezy royalties every year
  • Yeezy’s enterprise value adds $3-5 billion to Kanye’s net worth
  • Has a partnership with The Gap that’s worth $1 billion

In assessing Kanye West’s net worth, we have considered the following assets and liabilities:

Assets:

  • Real estate assets = $120 million
  • Music catalog including G.O.O.D Music = $80 million
  • Yeezy.com website = $100 million
  • Value of Yeezy brand = $5 billion
  • Value of Gap partnership = $1 billion
  • Cash, equities, and other assets = $400 million

Total assets = $6.7 billion

Liabilities and other considerations = $100 million

Net Worth = $6.6 billion 

Early Life and Career Beginnings

Kanye Omari West was born in Atlanta, Georgia, on June 8, 1977. After his parents’ divorce when he was three years old, West moved with his mother to Chicago, Illinois. There, he began experimenting with music after meeting producer D.J. No I.D., who mentored him. He received a scholarship to attend the American Academy of Art in 1997 but transferred to Chicago State University to study English. Eventually, he dropped out of school at age 20 to pursue his music career.

After dropping out of university, West began making beats for local musicians while developing his style. His first official production credits were for the first album of Chicago-based rapper Grave, Down to Earth, in 1996. He also produced music for Deric “D-Dot” Angelettie and Foxy Brown during this same period.

Rise to Fame and Music Career

In 2000, West got his big break when he began to work as a producer for Roc-A-Fella Records, working with artists including Ludacris, Alicia Keys, and Janet Jackson. His work on Jay-Z’s 2001 album The Blueprint generated serious interest in West’s talents as a producer. His production credits from this time include an impressive roll call of talent, including Jay-Z, BeyoncĂ©, John Legend, Alicia Keys, and Janet Jackson.

While being a talented actor, West’s main goal had been to be a rapper. In 2001, he convinced the head of Capitol Records to sign him to Roc-A-Fella Records after being turned down by Capitol Records.

After a fatal car crash in October 2002, where West broke his jaw, he was able to draft the lyrics for the song Through the Wire with his jaw still wired shut. This song helped to inspire his debut album, The College Dropout, whose release was canceled several years before its commercial launch in August 2003. With his music background, West used the time to remix, remaster, and edit it, postponing its release three times. The College Dropout was finally released in February 2004 to growing critical acclaim, landing him 10 Grammy Awards nominations and ultimately reaching triple platinum status in the US.

As West started working on his second album, he spent over twenty million dollars on the album’s production, even hiring a full orchestra. Late Registration was released in August 2005, selling more than 2.3 million copies in the United States by the end of the year. His subsequent albums include Graduation (2007), 808s & Heartbreak (2008), My Beautiful Dark Twisted Fantasy (2010), a collaboration album with Jay-Z Watch the Throne (2011), Yeezus (2013), The Life of Pablo (2016), Ye (2018), and Jesus is King (2019).

Kanye West Earnings By Year:
Year Earnings
2007 $17,000,000
2008 $30,000,000
2009 $25,000,000
2010 $12,000,000
2011 $16,000,000
2012 $35,000,000
2013 $20,000,000
2014 $30,000,000
2015 $22,000,000
2016 $18,000,000
2017 $22,000,000
2018 $90,000,000
2019 $100,000,000
2020 $200,000,000
Total: $437,000,000

 

Personal Life

Alexis Phifer dated West from 2002 to 2008, and West dated model Amber Rose from 2008 to 2010. He began seeing reality star Kim Kardashian in April 2012 and was married in May 2014. Together, they have been the parents of four children.

Kanye West Net Worth 2019

Below is the calculation we used to determine Kanye West’s 2019 net worth of $600 million:

Assets:

  • Real estate assets = $120 million
  • Music catalog including G.O.O.D Music = $80 million
  • Value of Yeezy brand = $500 million
  • Other assets = $20 million

Total assets = $720 million

Liabilities and other considerations = $100 million

2019 Net Worth = $600 million (with a conservative $20 million error margin)

 

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