American story of Kanye West’s richest black man $ 6.6 billion
Bloomberg reported that rapper and trend mogul Kanye West was formally price US $ 6.6 billion, making him the richest black man in US historical past.
Across the identical time final 12 months, West grew to become a Licensed Billionaire with the assistance of his profitable clothes and sneaker model Yeezy and a brand new multi-year cope with
Since West stays the only real proprietor of the Yeezy firm, a lot of his private web price is attributed to his latest enterprise choices and the US $ 1.7 billion he’s pocketing in further property, together with his funding. essential in his future ex-wife. Skims label. An unaudited steadiness sheet of West’s funds additionally revealed that West had $ 122 million in money and inventory, whereas its total music catalog was price $ 110.5 million.
The Yeezy model has grown considerably regardless of the financial downturn brought on by the pandemic. West sneaker gross sales at
Contemplating the rapper claimed to have $ 53 million in debt lower than 5 years in the past, his achievement is price acknowledging. Nonetheless, it nonetheless stays a thriller as to how West’s $ 1 billion firm was eligible for a $ 2-5 million mortgage below the Small Enterprise Administration’s Paycheck Safety Program. .
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