Kanye West Claims Billionaire Status, Reveals $2.77B Net Worth

Kanye West performs during Puff Daddy and Bad Boy Family Reunion Tour smiling holding the microphone in one hand with his other arm raised up wearing a white long sleeve, 8 Of Kanye West's Best Songs Ranked.

Kanye West performs during Puff Daddy and Bad Boy Family Reunion Tour at Madison Square Garden on September 4, 2016 in New York City.

Dimitrios Kambouris/Getty Images for Live Nation

Kanye West, also known as Ye, has announced his return to the billionaire’s club, crediting his restructured Yeezy brand for a significant financial comeback. The rapper claims he is a billionaire again and says he has proof to back it up.

On Thursday evening, Kanye shared a post on Instagram that included a statement from Eton Ventures, a business valuation company, which estimated his net worth at $2.77 billion. According to the statement, this valuation is based on his “music portfolio” and his “sole ownership of the Yeezy mark.” Kanye expressed his excitement in the caption, simply writing, “LAA LA LA LA.”

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However, Forbes has not confirmed Kanye’s claim. As of now, Forbes still lists his net worth at $400 million. If Kanye’s $2.77 billion estimate is accurate, it would make him wealthier than his former friend Jay-Z, whose net worth Forbes currently estimates at $2.5 billion, and his ex-wife Kim Kardashian, whose fortune is reported to be $1.7 billion.

This announcement follows a challenging period for Kanye. In October, Forbes reported that he lost his billionaire status after Adidas ended their partnership with him following a series of antisemitic and anti-Black comments. At that time, Forbes calculated his net worth at $400 million, factoring in real estate, cash, his music catalog, and a stake in Kim Kardashian’s shapewear brand. Kanye disputed this assessment, claiming he was worth $3 billion and that his Adidas partnership alone was valued at $4.3 billion.

Last week, Kanye called himself the “G.O.A.T.” after earning over $2 million in just 24 hours from his Yeezy website. While it remains to be seen if Forbes will verify his new claim, Kanye is clearly determined to prove his financial success.

Kayla MorganWriter

Kayla is the midday host on Detroit’s 105.1 The Bounce. She started her career in radio back in 2016 as an intern at another Detroit station and worked her way here. She's made stops in Knoxville, TN, Omaha, Ne and other places before returning to Detroit. She’s done almost everything in radio from promotions to web, creating content on social media, you name it. She’s a true Michigander, born and raised. So, you can catch her camping or vacationing up north to exploring the downtown Detroit or maybe even catching a sports game. During her free time, Kayla enjoys watching movies, roller-skating, crafting, and music festivals. She and her husband together dip into many of the great things Michigan has to offer. Together they also like to travel. A few hobbies of hers include wine and beer tastings, crafting, hiking, roller skating, movies, home improvement projects, gardening, and festivals. She’s always looking to take on more local events happening in the community. She loves connecting with the community. When writing, Kayla covers topics including lifestyle, pop culture, trending stories, hacks, and urban culture.