A rapper like Kanye West started his career as a music producer and slightly diverted towards rapping. Initially, the experience was not that good, but with time, he received more limelight. That happened especially when West came up with his first album ‘The College Dropout’. He even earned a decent amount during that time. However, the first hike in Kanye West net worth came when his next album earned him above $2.5 million US Dollars. From then, his earnings became bigger and bigger with time. And in 2022, it crossed over $2 billion US Dollars. So then, how his net worth decreased drastically.
If you are interested to learn more about his net worth, his partnership with billion-dollar companies, car collections, career growth and many more. Then, you are in the right place; we will talk about him and cover most of the necessary things related to him.
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How Much is Kanye West Net Worth?
According to the recent update, Kanye West net worth is around 400 million US Dollars. It is kind of low compared to his previous net worth. But the values are still in good shape as they should be. Well, there is no doubt that more than one source is behind his net worth. For example, commercial ads, real estate, music careers, cars, investments, endorsements, etc. All of them helped him to raise his net worth day by day.
But the noticeable thing is that the West contributed to major brands or companies. For example, Adidas, Louis Vuitton, and Nike. Apart from that, he also decided to open his own company with the name ‘GOOD Music’ and ‘DONDA’. These companies gave him a huge profit and made him one of the richest rappers in the world.
But did you know that Kanye West net worth was not around millions of dollars a few months ago? His net worth was around $ 2 billion US Dollars when he was a part of different brands. Such as Gap, Adidas, JPMorgan Chase, Foot Locker, etc. But for certain reasons, the company took a reasonable amount of around $1.6 billion US Dollars. And then closed the contract of partnership. Now, he has only left with $400 million US Dollars. But still, he has many ways to increase his net worth.
Sources of his Net Worth
The relationship with cars is unbeatable. They have a special place in Kanye’s heart. And he cannot compromise his love for cars, which is why he has more than 16 cars under his name. All of them are added to his cars collection, in which Bentleys, Mercedes, and Rolls-Royce are noticeable ones.
If you want to glance at some of his cars, then you can look at the below-mentioned section. Here we have added some of his cars with the total amount he paid to buy them.
- Bentley Continental GT – $900,000
- Range Rover Sport – $210,000
- Rolls-Royce Dawn – $1 million
- Lamborghini Aventador – $1 million
- Porsche 911 – $260,000
- Lexus GX – $160,000
- Rolls-Royce Cullinan – $1 million
Apart from cars, he has four Yachts and one Private Jet, all available in his personal showroom. And they are all expensive, like his cars and come under his $80 million US Dollars assets. We can expect this much from him because he spent money according to his interest and profit, which is cool.
Moreover, West also has a personal portfolio which shows the records of all of his assets till date. And it has a special section of ‘Cash at Bank and Deposits’ which reflects the real-time record of his bank account. The current details of his account reflect more than $100 million US Dollars. So, we can easily say that some portion of Kanye West net worth was spent on assets too.
As one of the wealthiest rappers in the world, West spent some of his money on properties too. The houses are mainly located in the United States. But do you know how many houses he has bought to date? He bought more than 20 houses to date. All of them come under the luxury property. Apart from that, the latest property he bought is around $37 million US Dollars. It is located in Florida, and the area size is 20,000 sq. ft. Remember that this property comes under Villa.
Now, we will check some of his properties that have a value of over one million. Here, we will also include the property’s location to get a better picture of his spending.
- Oklahoma City – $3 million
- Seattle – $16 million
- Phoenix, Arizona – $5 million
- Houston – $11 million
- Las Vegas – $10 million
- Denver – $3 million
As we all know, West is a professional rapper, but he is not limited to only the musical world. He expanded his wings by establishing his own brands and business platforms. But for that, he took over $70 million US Dollars from the banks. And if you want to see the names of these banks and the amount he took from them. You need to look at the section below where we have included the bank name with the loan amount.
- PNC Financial Services – $11 million US Dollars
- Overdraft – Morgan Stanley – $29 million US Dollars
- Wells Fargo Business Loan – $8 million US Dollars
- CitiBank Mortgage – $15 million US Dollars
More to Know About Kanye West
West is one of those rappers who started their career in music production in 1990. His main focus was on learning about beat production so that he could create his beats. He tried many ways and took many lessons, but finally, he started to get a grasp on beat production. And the time came when he learned the basics of beat production. Then he thought of producing beats for local artists; that way, they would be happy.
But after some time, he found out that he needs to create something or make a new and unique singing style which could increase the vocal samples. So, Kanye started to work on this and created his own style which helped to increase the vocals’ speed. That was the one breath singing style in which a vocalist will sing the whole song in one breath. Or, they can divide the lyrics of the songs and then sing in one breath manner.
After that, he debuted in the world of music production through the music album ‘Down to Earth’. It was also the first album of Grav. He was professionally a Chicago rapper and wanted to take a step in the music industry. All thanks to Kanye, who helped him to grow as a rapper. But do you know how old Kanye West was during that time? He was around 19 years old during that time. And he gave his own music in 8 songs.
Kanye West comes in as one of those rappers who attended colleges as well. His journey as a college student began when he completed his high school life. But before that, he applied for the scholarship for the American Academy of Art which is located in Chicago. Thanks to god, he got selected for the scholarship. And the course for which he got selected was Painting.
However, West wanted to do more so he moved to Chicago State University. In this university, he studied English as a major. And he was doing good in his studies but it was affecting his musical training. So, he decided to leave college to fulfill his dream as a musician.
West received his first work for Roc-A-Fella Records in 2000. There he worked as a producer with many popular musicians like Ludacris, Janet Jackson and Alicia Keys. And his work was noticed by many viewers. After that, he received another album to work with in 2001. That album was Jay-Z’s ‘The Blueprint’. The album became a huge success and his work was noticed by the other music producers, singers, songwriters and so on. So, they decided to give him a big chance for the high-profile artists such as Beyonce. And he did not let it slip from his hand and proved himself how good he is as a music producer.
But the main reason behind coming into the music industry was to become a well-known rapper. He even received this chance to sing a song ‘Through the Wire’ as a rapper. However, that happened after the car accident. This accident changed his life because it gave him an idea where he needs to work and why.
During the release of ‘The College Dropout’, he was well prepared to take the reviews from the audience and critics. And the most interesting thing is that he was not expecting that much that he would become a certified triple platinum artist only with this album. Not only that, he got nominated for Grammy Awards for the same album as well.
After that, West moved to his next album and spent around $2 million US Dollars for production work. The production work went well and the album performed well with over 2.3 million copies sold. And the interesting thing is that many copies were sold only in the United States.
From then, he never stopped and gave us many memorable music albums. For example, Graduation (2007), My Beautiful Dark Twisted Fantasy (2010), Yeezus (2013) and The Life of Pablo (2016).
Kanye West achieved many awards and made his own image as a popular rapper in the world. So, we will look at some of his achievements in the section below.
- Billboard Music Awards (Total – 6 Awards)
- MTV Music Video Awards (Total – 21 Awards)
- Grammy Awards (Total – 21 Awards)
- BET Awards (Total – 5 Awards)
- BET Hip Hop Awards (Total – 4 Awards)
1. What is Kanye West’s real name?
Kanye West’s real name is Calvin Cordozar Broadus Jr.
2. How tall is Kanye West?
Kanye West’s height is 5 ft 8 in (1.73 m).
3. Is Kanye West Married?
Currently, he is not married but he was the husband of Kim Kardashian from 2014 to 2022 until they decided to part ways.
Kanye west net worth is estimated at 400 million US Dollars. And the main source of his net worth is his own brand company, endorsements, commercial ads, and much more. However, he lost most of his earnings during the end of 2022 and the start of 2023. Hope, this will not affect his musical career and continue to give us more memorable songs and albums in the future. And we also expect that West will collaborate with other musicians to whom he never got a chance.