Kanye West Net Worth 2023: Billionaire to Millionaire?

Kanye West is a hip-hop superstar who has delivered plenty of hits like Heartless, Can’t Tell Me Nothing, Praise God, etc. Along with that, he has launched his own fashion line, which was financially engaged with Adidas. On that note, let’s begin with Kanye West Net Worth & Biodata!

This partnership with Adidas skyrocketed Ye’s Net Worth to 2 Billion USD. However, by looking at Ye’s every other controversial action and comment, the brand deals that stood by him started contemplating their partnership as well. 

And recent comments against Jews were the last straw for Adidas. However, we will discuss it more in our article below. 

NameKanye West (Ye)
Net Worth400 Million USD
OccupationMusician and Businessman
Date of Birth8th June 1977
GenderMale
Place of BirthAtlanta, Georgia, United States
NationalityAmerican
SpouseMarried to Kim Kardashian from 2014 to 2022
LanguagesNative English Speaker
Height1.72 Meter

Kanye West Net Worth & Estimated Salary

As of 2023, according to Forbes, Kanye West Net Worth is 400 Million USD. Along with that, his Monthly and Yearly Estimated Salary on average are as follows:-

  • Monthly Income: 7 USD Million
  • Annual Income: 80 USD Million 
Kanye West Net Worth 

Despite the Net Worth downfall, as per the recent reports, Ye’s finances have increased greatly! All because he had invested in several assets worth 1.7 Billion and 122 Million USD in stocks and cash. 

Other than that, Ye has invested in Kim’s SKIMS shapewear as well!

Kanye West’s Contract Deal With Adidas

If you don’t know, Kanye West used to be a Billionaire with a Net Worth of 3.3 Billion USD. 

Kanye West's  With Adidas

However, due to his insensitive comments towards Jews (and in general controversial nature), he lost good clients. One of the first ones to end the business relationship with Kanye West was Adidas. 

Adidas released a statement that stated that Ye’s recent comments go against their company’s policy. The brand promotes inclusivity, diversion, and mutual respect. 

And after Adidas abruptly ended their contract (which was initially signed till 2026), Kanye West lost royalty worth 1.5 Billion USD. Adidas also stopped the production of Ye’s sneaker brand, Yeezy. 

To make it worse, Kanye West also lost several other deals with Mortgages, Sports Contracts, Film Contracts, Mortgages, and he had to pay for child support to his ex-wife Kim Kardashian known as Most popular Woman, worth 200,000 USD Monthly!

kim_Kanye

How Much Does Kanye West Earn Through Every Album?

Regardless of his solo records or the ones he has produced for other artists, Kanye West is known as the highest-paid artist in Hip-Hop and the highest-paid musician worldwide in the years 2019 and 2020, respectively. 

Following are the data on Kanye West’s earnings through each album:-

Release YearAlbumSale Copies
2004The College DropoutSix Million
2005Late RegisterationFour Million
2007GraduationSix Million
2008808s HeartbreakThree Million
2010My Beautiful Dark Twisted Fantasy1.7 Million 
2011Watch the ThroneFive Million
2013YeezusOne Million
2016The Life of Pablo500,000
2019Jesus is King500,000

Kanye West Active Income Source

We have mentioned Kanye West’s Income Source in the list below. So let’s go through it:-

1. Tours

Most music stars’ hefty Net Worth comes from the number of shows they perform. 

So that’s what adds up to Kanye West’s Net Worth as well. Glow in the Dark Tour has earned the Flashing Lights hitmaker a total of 30.8 Million USD, whereas the combined tour with Jay-Z called Watch the Throne has grossed about 75.4 Millon USD. 

Moreover, Yeezus Tour and Saint Pablo Tour have respectively grossed up to 31.8 Million USD and 52.8 Million USD.

2. Feature Fees

Kanye West feature fees vary from time to time. However, considering the rates of other popular artists like Kendrick Lamar and Nicki Minaj, Dark Fantasy hitmaker may charge between 250,000 USD and 500,000 USD. 

(However, only if he agrees to the feature.)

3. Spotify

Spotify pays less than 0.5 Cents for every stream, so that makes roughly 0.00437 on average for most artists. However, some artists or their record labels negotiate rates up to 0.0084 Cents. 

Regardless, a successful musician like Kanye West has enough streams to earn approximately 3,747,643 USD. Moreover, he is the first artist to reach a billion streams on each one of the ten studio albums. 

4. Yeezy

Since Ye has sent financial documents to Forbes, they have a fair idea about how much the rapper makes through his Clothing line, Yeezy. 

In 2020, Yeezy raked in revenue of about 1.3 Billion. Although the complete and precise details of how much Ye has made through the clothing line are still not available. 

Regardless, if we consider the hike of 11%, then that makes West’s recent earnings through Yeezy about 143 Million USD. On top of that, Ye’s multi-year collaboration with Gap X Yeezy has been estimated at about 970 Million USD. 

Kanye West Real Estate & Properties

Kanye West has two Ranches in Wyoming, each worth 14 Million USD. Moreover, Monster Lake Ranch is 4.5 acres with eight lodging units, two lakes with freshwater, a restaurant, meeting spaces, barns, animal housing, etc. 

Kanye West Real Estate

And the second Ranch, which is a big horn mountain, has five bedrooms, four bathrooms, a wraparound deck, saunas, wet bars, kitchen commercials, two heated helicopter pads, etc. 

Other than that, before Ye divorced his ex-wife, they shared the California Mansion, which is filled with art and plenty of luxurious furniture. Moreover, they initially bought the property for 20 Million USD and further renovated it for 20 Million USD. 

So, now the value of the plot is thrice the amount they have invested in. However, Kim K paid the other half of the mansion to Ye, and now she owns the whole property. 

Moreover, in 2017, both Kim and Kanye reportedly sold their mansion in Bel Air, which is worth about 17.8 Million USD. 

However, he bought another property in Miami which is worth 14 Million USD.

Kanye West Career Highlights

Following are some of the career highlights of Kanye West:-

  • Kanye West is known as one of the richest black Rappers in the history of the USA.
  • Throughout his music career, Ye has sold up to 140 million albums or singles.
  • Currently, he owns real estate worth 100 Million USD. 
  • The value of his music catalog is about 110 Million USD
  • The clothing & shoe brand Yeezy is 100% owned by Ye!
  • The royalties of Yeezy Ye are about 150 to 200 million USD every year. 
  • The GAP partnership pays him about 1 Billion USD. 
  • The enterprise value of Yeezy is about 3 to 5 Billion USD which further adds to Ye’s Net Worth. 

Kanye West Net Worth Throughout The Years

Kanye West entered the Billionaire’s club in April 2020 with a Net Worth of 2 Billion USD. A large chunk of his Net Worth (1.5 Billion USD) came from his partnership with Adidas. 

However, as discussed earlier, Adidas (and other brands) ended their partnership with Ye due to his controversial nature and Antisemitic comments against Jews. 

On that note, in the following table, I have mentioned Kanye West’s Net Worth throughout the years. With that in mind, let’s begin:-

YearNet WorthYearNet Worth
2023400,000,000 USD201430,000,000 USD
2022400,000,000 USD201320,000,000 USD
20202,000,000,000 USD201235,000,000 USD
2019100,000,000 USD201116,000,000 USD
201890,000,000 USD201012,000,000 USD
201722,000,000 USD200925,000,000 USD
201618,000,000 USD200830,000,000 USD
201522,000,000 USD200717,000,000 USD

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Conclusion: Kanye West Net Worth

As of 2023, Kanye West’s Net Worth is 400 Million USD. 

He lost his billionaire status after multiple brands retrieved their partnerships with him due to his controversial nature. The biggest downfall (1.5 Billion USD) in Yes, Net Worth was when Adidas abruptly ended its collaboration with Ye’s original clothing and shoe line called Yeezy. 

On that note, we hope our article on Kanye West Net Worth was helpful! 

We have also discussed Kanye West’s active income, Net Worth throughout the years, Real Estate, Estimated Salary, and earnings through every album. 

If you have any additional queries, reach out to us in the comment section below. 

FAQs

Who is richer, Jay-Z or Kanye?

Kanye used to be the richer one. However, due to his recent Net Worth downfall, Jay Z is currently richer than Kanye, with a Net Worth of 2.5 Billion USD. 

What complaints does Kanye West have towards Forbes?

Kanye West always complained that Forbes underestimated his Net Worth. Even when he first entered the Billionaire list, Forbes listed Ye’s Net Worth as 1 Billion, then as well he messaged them his accurate Net Worth as 3.3 Billion USD. 

Is Kanye West the richest rapper?

Kanye West is not the richest rapper. As currently, Jay Z holds that position. 

How much does Kanye West earn through Yeezy?

Kanye West earns 220 Million USD through Yeezy. 

How much is Kanye West worth in 2023?

Kanye West’s Net Worth as of 2023 is 400 Million USD. 

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