According to The Blast, the legendary musician’s fashion label Yeezy, created in partnership with Adidas, just received a valuation of close to $1.5 billion. Seeing as West is a majority stakeholder in the brand, this recent assessment would put the rapper’s personal net worth somewhere around a billion dollars.
A source told the website that West “has received several offers for investments and potential buyers of the company, but he has not decided yet how much, if any, he wants to part with.”
During an appearance on “Jimmy Kimmel Live” earlier this week, West’s wife, Kim Kardashian, warned fans that her husband would be imminently joining the so-called “three-comma club.”
Asked if she was “almost a billionaire,” the “Selfish” author replied, “I would say my husband is, so that makes me one, right? Close by proximity.”
Back in April, West shared this rather prescient tweet: “Yeezy will hit a billion dollars this year. It is the 2nd fastest growing company in history. It is a unicorn on its way to becoming a decacorn.”
While many scoffed at the bombastic statement at the time, it appears the rapper’s prediction was dead on.