Ye, formerly known as Kanye West, has announced a significant financial rebound, claiming to be richer than ever and rejoining the billionaire’s club.
Following the fallout from his antisemitism controversy, which led to the loss of several major partnerships, including his deal with Adidas, Ye has restructured his business model. The rapper has focused on rebuilding his Yeezy brand through direct-to-consumer sales and limited-edition releases, which has gradually restored his financial standing.
According to West and Eton Venture Services, his net worth is now estimated at $2.77 billion, largely driven by his music portfolio and full ownership of the Yeezy brand. This marks a stark contrast to October 2022, when Forbes reported West’s net worth at just $400 million after his Adidas partnership was severed. At the time, Forbes valued his wealth based on real estate, cash, and music catalogs, but Ye disputed this, claiming his net worth to be $3 billion.
Recently, West shared on Instagram that he earned over $2 million in just 24 hours from his Yeezy website following the release of the $20 Yeezy SLPR shoe. This success came just days after Adidas removed all traces of West and his merchandise from their platforms.
