Kanye West has claimed he is a billionaire again
The controversial rapper has taken to social media to share how much he is worth now but his claim has divided.
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Controversial rapper Kanye West has claimed he is worth billions again after being cancelled.
West took to Instagram, where he has over 20 million followers, and posted a screenshot claiming he was worth $US2.77 billion, over $4 billion in Australian dollars.
The screenshot claimed that this evaluation was based on West’s music portfolio and his sole ownership of the Yeezy mark.
It was confirmed by valuation company Eton Venture Services.
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West’s screenshot generated a lot of support from fans but also caused a divide online, with not everyone convinced.
There was the usual outpouring of support from fans. Someone called him a “boss,” another claimed he was the first person to become a “billionaire twice,” and someone else said West had “lost everything” but had come back even richer.
There was also an amusing trend of fans commenting on the post and repeatedly quoting the lyrics “wait till I get my money right” which are lyrics from West’s hit Can’t Tell Me Nothing.
Among the positivity, though, was also some scepticism.
Someone said West’s claims “may not be real when it comes to actual cash.” Someone else claimed $400 million seemed like a more “accurate” number, and another called the billionaire’s claim “not real money.”
Another said the fact that he is trying to “brag” about this is proof he doesn’t have that much, and someone else said they “don’t believe any of this for a second.”
West’s net worth claims come after, in October 2022, he lost a string of valuable partnerships and sponsorships with brands like Adidas and Balenciaga because he made offensive, including denying that the Holocaust ever happened.
There are conflicting claims over how much money it cost him as brands swiftly tried to separate themselves from the rapper, but multiple reports suggest it cost him over $1 billion.
By February 2024, West, who lives with bipolar disorder, told TMZ that he was two months away from bankruptcy after being “cancelled” by everyone, and it was only the success of his album Vultures that he released in 2024 that saved him.
The album debuted at number one in February, and its commercial success prompted West to declare he had “survived through the cancellation” and was now back at number one.
West’s fortune claim certainly conflicts with the evaluation that the publication Forbes calculated.
According to Forbes, the rapper is worth $400 million, and this estimate was published on January 24, 2025.
A note from the editor claims that West’s fortune is determined by the fact that he lost his “lucrative multi-year deal to design sneaker brand Yeezy”, which Forbes valued at $1.5 billion.
The publication claimed that “without it, West’s fortune drops to $400 million”.
It said the rest of his fortune came from real estate, his music catalogue, and his 5 per cent stake in his ex-wife Kim Kardashian’s successful underwear brand, Skims.
Originally published as Kanye West has claimed he is a billionaire again