Kanye West Becomes A Billionaire With His Sneaker Line According To Forbe Magazine

Hip hop superstar Kanye West is officially a billionaire after his sneaker line was described as “one of the great retail stories of the century”, according to Forbes magazine.

According to Forbes magazine the rapper and fashion designer is worth $1.26bn after his stake in the sneaker line, Yeezy and property is unveiled.

 

Though he’s now classed as a billionaire, West was unhappy with Forbes and claimed they had undervalued him.

And he is alleged to have texted the Forbes journalist Thursday evening saying: ‘It’s $3.3 billion since no one at Forbes knows how to count’

The magazine reports that the brand is “challenging Nike’s Air Jordan for sneaker world supremacy” and is “one of the great retail stories of the century”.

Adidas Yeezy, the fashion collaboration between the rapper and the German sportswear brand, has a revenue worth of around $1.3 billion – making West around $140 million from sales just last year.

The news comes after West’s sister-in-law Kylie Jenner, 22, was named by Forbes as the youngest ‘self-made’ billionaire for the second year in a row after selling off 51 per cent of her cosmetics brand.

When that annual billionaires list appeared earlier this month, the writer of the article claims that West was not happy with his name being absent.

The rapper is said to have texted a reporter saying it was a “disrespectful article” that was “purposely snubbing me”.

“You know what you’re doing,” West is said to have texted a Forbes journalist. “You’re toying with me and I’m not finna lye down and take it anymore in Jesus name.”

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