Kanye West officially now a billionaire
Rapper Kanye West is currently a billionaire thanks largely to the basketball shoes bearing his name that he developed with Adidas, Forbes magazine said Friday. The rough figure of the wealth of Kim Kardashian's hubby is $1.3 billion, the magazine said in announcing the musician is currently on its set of persons worth at least $1 billion.
The 42-year-old, Chicago-born rapper's Yeezy footwear often sells for a lot more than $200 a pair in the United States and elsewhere. West was associated with Nike for a long time but broke away in 2013, lending his name to Adidas as they launched their first shoe together in 2015. Forbes said that for years West has been pressing the magazine to be listed as you of its mega-rich but that it declined, for insufficient proof.
The magazine said tongue in cheek that for a long time it had applied what it called the Trump rule to West: "take whatever the future president insisted he was worth, divide by three, and start honing from there." A lot of the others of West's wealth originates from property he owns, the magazine said.
