Kanye West has officially made a huge comeback, reclaiming his spot among the billionaires. This is a big turnaround from 2022 when he lost his billionaire title after adidas ended their partnership with his Yeezy brand due to his controversial antisemitic comments.
Now, Kanye claims his net worth is $2.77 billion, as reported by Eton Venture Services, a business valuation company. He shared the news in an Instagram post on January 23, with a caption that seemed aimed at critics: “LAA LA LA LA.”
The revival of Kanye’s wealth is credited to the continued success of his music catalog and his decision to take the Yeezy brand independent. Despite Forbes currently estimating his net worth at $400 million, Kanye’s claimed valuation would place him ahead of JAY-Z, whose net worth Forbes lists at $2.5 billion.
Kanye and JAY-Z, known for collaborating on the Watch the Throne album, are the only rappers to reach billionaire status. While there were rumors that Dr. Dre and Diddy had hit the milestone, those claims have been debunked. Meanwhile, 50 Cent is also aiming for billionaire status with his expanding media and business ventures.
Kanye’s road back to success hasn’t been easy. After parting ways with adidas, he kept ownership of the Yeezy brand and made it thrive independently. Yeezy’s latest clothing release reportedly brought in millions in just 24 hours.
Interestingly, adidas also suffered financially after ending its Yeezy deal, reporting a $246 million loss in 2022. However, Kanye’s determination has paid off, restoring his status as one of the wealthiest entertainers in the world.