Kanye West Net Worth 2022: How Did Ye Became a Billionaire?

Kanye West is among the biggest and brightest celebrities of this generation. Producer, rapper, fashion designer, and entrepreneur He is regarded among the successful self-made black people in United States history.

Born Kanye Omari West on June 8, 1977, in Atlanta, Georgia, "Ye" started his journey in the music industry when he met DJ No I.D. who served as his mentor in his music experiments.

In 1997, West was awarded a scholarship at the American Academy of Art, but he eventually transferred to Chicago State University to study English. He later dropped out of school at the age of 20 to pursue a career in music.

West began developing beats for local artists. In 2000, he got his big break when he became a producer for Roc-A-Fella Records. In 2001, he got the attention of big names in the music industry by showcasing his exceptional talent as a producer on Jay-Z's The Blueprint. Later on, he worked with music stars such as Alicia Keys, Ludacris, Jay-Z, Beyoncé, John Legend, and Janet Jackson.

Successful Music Career

In 2004, Kanye made a breakthrough with his album The College Dropout. The following year, he released the album Late Registration that landed him his first Billboard Hot 100 No.1 hit via his single "Gold Digger."

West is among the most distinguished hip-hop artists in history, with 21 Grammy's to his name. He is tied with Jay Z as the most decorated hip-hop artist. He has sold 21 million albums and 100 million digital downloads across the globe.

Recently, he had earned more than $2 million from his Stem Player device, wherein he released his Donda 2 exclusively per New York Post.

How Much is Ye's Net Worth in 2022?

West has continued to produce music for himself and other artists. Despite this, his musical endeavors account for only 0.05 % of his net worth of $90 million, Yahoo Finance reported.

According to Forbes, Kanye West net worth 2022 is around $1.8 billion, making him the fifth highest-paid entertainer in the world.

In June 2020, retailer Gap and Kanye West announced the Yeezy clothing brand for the retailer. The brand generated around $1.7 billion in sales, making the college drop out a billionaire.

Since 2013, the music and fashion artist gets his income from a multi-year deal with German shoe manufacturer Adidas to design the Yeezy sneaker line. Kanye initially launched Yeezy with Nike in 2009.

Kanye West gets a large annual royalty from Adidas, which produce, market, and distribute Yeezy shoes. In recent years Kanye has reportedly earned at least $100 million per year from his various endeavors.

He passed the billion-dollar fortune mark in 2020 after building up his fashion empire and seeing brand Yeezy make $1.7 billion in sales.

The rapper also own a minor part in ex-wife Kim's brand Skims, which was valued at $3.2 billion.

Despite his massive fortune, West manages to give back to the community. For years, Ye has been involved in charitable works. In 2011, he and fellow rapper Che "Rhymefest" Smith