Kanye West is officially a billionaire, according to Forbes magazine. The outlet says the rapper and fashion designer, who has long coveted the status, provided an eye-catching glimpse into his personal finances and valued his net worth at $1.3 billion.
That includes valuing his stake in the Yeezy sneaker line, which Forbes describes as “one of the great retail stories of the century,” at $1.26 billion.
Added to that, Forbes said the statement of assets supplied to them by West’s team lists $17 million in cash and $35 million in stocks.
West’s other notable assets, according to his team, are $81 million in property and $21 million in land. West and his wife, the reality TV star Kim Kardashian, are known to own several properties in Los
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