Celebrity
The 22-time Grammy winner lost a significant amount of money after Adidas pulled their contract.
Until recently, almost everythingKanye Westtouched turned to gold.
All of his accomplishments once made him not onlya pioneer in several industriesbut along with a very wealthy entertainer.
He was dropped by the talent agency CAA and lost lucrative partnerships with fashion houses like Balenciaga.
Later the same day, Gap announced that they are taking immediate steps toremove Yeezy productsfrom their stores.
5 Ways Kanye West Makes His Money
1.
When hisoft-delayed full-lengthDondaarrived, West scoredhis milestone tenth No.
1 album on the Billboard 200, becoming just the seventh musician in U.S. history to reach that mark.
On the Hot 100 in America, West has landed four No.
1s, 20 top 10s, and135 appearanceson the list,the fifth-mostof all time.
That figure expands to an estimated140 millionsongs moved throughout the world.
In 2020, the Valentiam Group valued Wests music catalog at$110.5 million.
Music Businesses
West launched his record labelGOOD Music, which stands for Getting Out Our Dreams, in 2005.
In 2017, West left the firm, claiming he was owed at least$3 million.
The rapper warmed up the crowd for U2, whose Vertigo Tour brought in$389 million.
The Hurricane rapper has also played the occasional private concert, earning millions for doing so.
Shoes
The vast majority of Wests net worth comes from his success as a shoe designer.
West has also designed shoes for companies likeLouis Vuitton,Giuseppe Zanotti, andBape.
Every time the company announced a new item, it was known to sell out instantly.
His debut line wascriticized by journalists in the space, though he pushed forward to create more.
While reviewsdid get better, the project didnt last very long.
It is believed that$970 millionof Wests fortune could be attributed to the Gap deal.
What Is Kanye Wests Net Worth?
But with his recent controversies, Wests net worth has plummeted to$400 million.
This article was originally published onApril 3, 2022
