Wednesday, April 29, 2020
Saturday, April 25, 2020
THE NEWEST MEMBER OF THE BILLIONAIRE BOYS CLUB
It seems that Puff Daddy & The Jigga Man need to slide over a bit because there's a new "Billionaire Boys Club" member in town and his name is Kanye West.
Last year when Yeezy hit the cover of Forbes magazine, the writer of the article claimed they wouldn't be able to give the fashion, producer, mc, entrepreneurial mogul the billionaire title.
"Without sufficient documentation on his unusual stake, versus just his word and industry guesstimates, we didn't call him a billionaire, Forbes journalist, Zack O'Malley Greenburg wrote.
On Friday (4/24/20) after "months of requests," Ye finally shared his financial records.
After an "authentic numeric look into his business affairs, the magazine calculated the worth of assets, including the Yeezy sneaker collaboration with Adidas, which he seems to get a 15% cut, music royalties of over $140 million from sales last year, properties (ranch, buildings, homes, etc), his G.O.O.D. record label worth at least $90 million found the final total around $1.3 billion.
Kanye still insisted that the number should be closer to $3.3 billion and he allegedly texted such to the magazine: "It's $3.3 billion since no one at Forbes knows how to count."
Ye, regardless, gets on a list not many ever get to in life and $1.3 billion puts him there.
It also puts him in good company with his sister-in-law, Kyle Jenner, who was listed as the "youngest self made billionaire" in 2018.
Friday, April 17, 2020
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