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How much is Kanye West's Net Worth as of 2022?

Last Modified Oct 27, 2022 20:00 IST

Kanye West’s net worth in 2022 is estimated to be $400 million.


Source - Instagram



Kanye West, now recognized as Ye, recently closed his business partnership with German sportswear Adidas. The decision to forfeit has reportedly seen a $1.5 billion drop in his net worth.


Ye’s current net worth without Adidas is now approximately $400 million, according to recent accounts from Forbes. One primary factor in this drop was the aggressive fall in the market valuation of Yeezy, his sneaker and apparel brand, which depreciated after losing its venture with Gap and Adidas.


UBS Group once said in 2021, that the Yeezy business alone was worth between $3.2 billion and $4.7 billion. The future royalties from his partnership with Adidas would range from $1.75 billion to $3 billion, according to Bank of America in 2019.


Why did Kanye West’s net worth fall?


Source - Instagram



The termination of Yeezy’s successful collaboration with Adidas was triggered by a viral video of Ye that spread across social media. The video showed Ye disrespecting Adidas by saying “I can say anti-Semitic things, and Adidas can’t drop me. Now what? Now what?”. This caused his billionaire status to be revoked in just a matter of minutes.


The Yeezy brand currently has a small amount of resting financial gain and a subsequent less hopeful future after Adidas ended its partnership with them. The brand terminated their partnership with Yeezy on October 25, 2022. Even if Kanye could try to partner with other fashion houses and get back the royalties, there may not be many clients who would want to work with his toxic brand.


How much is Kanye West’s net worth in 2020?


Kanye West’s net worth in 2020 was estimated to be $1 billion.


How much is Kanye West’s Yeezy worth?


Source - Instagram



In 2021, the Yeezy business was worth between $3.2 billion and $4.7 billion. Future royalties between Yeezy and Adidas were estimated to range from $1.75 billion to $3 billion. Yeezy’s current worth after the termination of partnership between the brands is currently not evaluated.


FAQs


Q. What is Kanye West’s Net Worth as of 2022?

A. Kanye West’s net worth in 2022 is estimated to be $400 million.


Q. What was Kanye West’s Net Worth in 2020?

A. Kanye West’s net worth in 2020 was reportedly $1 billion.


Q. Who owns Yeezy?

A. Kanye West is the sole proprietor of Yeezy.


Q. How old is Kanye West?

A. Kanye West was born on 8 June 1977. His current age is 45 years.