Steve Burrell

Steve Burrell

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Kanye West Has Lost His Billionaire Status

In March 2021, Forbes put Kanye West's net worth at $6.6B dollars - making him one of the wealthiest men on the planet. However, with major business partnerships falling apart at an alarming rate due to his recent controversies, Ye is now worth approximately $400M. 

With Balenciaga, Adidas, The Gap and Footlocker parting ways with the controversial mogul (and the last two removing all Ye related merch from their shelves and online sites), what money he has left comes largely from his several real estate properties, music catalog, cash and a 5% stake in ex-wife Kim Kardashian's Skims shapewear brand.

His contract with Def Jam Records expired last year, and earlier this year, investment firm JP Morgan Chase also broke off their business with Ye. He hasn't fully toured as a musician in over eight years - and revenue from the 2014 Yeezus tour was about $31M. His follow-up "Saint Pablo" tour earned $51M, but much of that was returned to ticketholders as a portion of the tour was cancelled. But he still has Parler, the conservative social media platform - though the value of that deal is unknown.

Source: People


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