The 43-year-old rapper’s sneaker and clothing business now supported by Adidas AG and Gap Inc, is valued between $3.2 billion and $4.7 billion.
Forbes reports that the music star’s collaboration with Gap is set to hit stores this summer and “could be worth as much as $970 million”.
Last year, Kanye West signed a 10 year agreement to design and sell Sneakers and clothing under the Yeezy Gap label. Kanye still holds total ownership and creative power within the company.
In 2020, Forbes named Kanye as one of the highest paid celebrities of the year. Forbes now confirmed him to be the richest black man in America amidst divorce with Kim Kardashian.
