Despite earlier quibbles with Kanye West, Forbes has now solidly pronounced Kanye a billionaire. According to the magazine, West enjoys a net worth of roughly $1.3 billion, thanks largely to his ultra-successful Adidas-branded Yeezy sneaker line, which is complemented by a range of Yeezy-branded fashion apparel.
“This Adidas thing made be a billionaire,” Kanye proclaimed during a visit with President Donald Trump at the White House back in 2018 (pictured above). “And I could have lost $200 million walking away from that deal.”
West earned the top slot by an extremely large margin by earning $170 million dollars in the last financial year.
Indeed, the next musician on the list was Elton John, who raked in a healthy $81 million in annual earnings, which earned the legendary singer a 14th place slot in the celebrity list overall.
Beyond that, Ariana Grande earned a 17th-place slot with $72 million, while the Jonas Brothers grabbed a 20th-place position with $68.5 million in annual earnings. The latter three artists earned most of their revenues from heavy-selling tours, which are now impossible due to COVID-19 concerns and nationwide violence.
Appropriately, the cash-rich Kanye recently paid to cover the entire college fund for George Floyd’s daughter, while also giving $2 million in additional donations.
The contribution comes ten days after Floyd passed away during his arrest in Minneapolis, and follows a rash of violent looting, arson, and clashes with police in dozens of major cities nationwide.
The $2 million donation will be distributed to funds for the families of Ahmaud Arbery, Breonna Taylor, and George Floyd. Floyd’s surviving daughter, Gianna, is 6-years old.