Monday, January 23, 2023

Kanye

 Kanye West, an American fashion designer, rapper and entrepreneur, is Kanye West. At the time of writing his net worth is estimated at $500 million. Kanye West was one of three self-made multi-billionaires who made it in America's history. Kanye became famous after the release of his 2004 album The College Dropout. He is today one of the most revered and respected musicians in the world and has 21 Grammy wins from 69 nominations. He has shifted his focus from music to the business market in the last few years, making minimum $100 million annually through his numerous ventures. The majority of his earnings been derived from royalties relating to his Yeezy brand partnership and Adidas. Kanye is 100% owner of the Yeezy clothing line. During his time partnering with Adidas he was paid an amount of royalty for every dollar of revenue. The Yeezy brand earned $2 billion per year in sales and 250 million in profits for Adidas. At the peak of his collaboration with Adidas, the Yeezy brand was estimated to be worth $4-$5 billion in its own.

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