Kanye West becomes richest Black man in American history

By Alyssa Wilson Published: March 18, 2021

Kanye West becomes richest Black man in American history

FILE - This Nov. 17, 2019, file photo shows Kanye West on stage during a service at Lakewood Church in Houston. A law firm with ties to prominent Democrats has filed a lawsuit attempting to keep West off presidential ballots in Virginia. Attorneys for Perkins Coie filed a lawsuit in Richmond on Tuesday, Sept. 1, 2020, on behalf of two people who say they were tricked into signing an “Elector Oath” backing West's candidacy. (AP Photo/Michael Wyke, File)

By: Alyssa Wilson

Kanye West has reached a net worth of $6.6 billion, making him the richest Black man in American history.

According to PEOPLE Magazine, his sneaker and apparel brand Yeezy is valued between $3.2 billion and $4.7 billion. Bloomberg reports that the value of Yeezy’s new partnership with Gap could be worth up to $970 million.

The 43-year-old also has an estimated $122 million in cash and stock, $110 million from his music catalog and $1.7 billion in other assets. Part of those assets includes soon-to-be-ex-wife Kim Kardashian’s SKIMS business.

Kardashian filed for divorce from West in February after seven years of marriage. The two have four children together.

Kanye West has full ownership of the Yeezy brand.

The brand’s collaboration with Adidas sold out seconds after they were released in March 2020. The Yeezy collaboration with Gap is expected to drop in 2021.