U.S Rapper, Kanye West has been named the wealthiest black man in American history after his net worth hit 6.6 billion dollars due to his popular Yeezy brand and collaboration with Gap.
The 43-year-old had last year signed a 10-year agreement to design and sell attire under the Yeezy Gap label.
Based on Bloomberg, the rapper’s sneaker and clothes enterprise now supported by Adidas AG and Gap Inc is valued between $3.2 billion and $4.7 billion respectively.
His collaboration with Gap is also set to hit shops this summer and “might be the worth as a lot as $970 million” of the model’s worth.
It was additionally gathered that the father of four raked in an extra $110 million from his extensive catalogue of music and has another $1.7 billion in other assets.
He additionally accumulated $122 million in cash and stock.
Recall that West was named one of the highest-paid celebrities of the year in 2020, according to forbes.