Contrary to news and confirmation made by Bloomberg, Forbes Magazine has denied the report stating that Kanye West is currently the richest African American man in the history of U.S.
Recall that on Wednesday, Rapper and entrepreneur Kanye West was trending when he was declared the richest African American man in the U.S. Bloomberg had analysed the rapper’s net worth to be $6.6billion.
However, Forbes has denied that, stating that the total sum is based on money not yet made. The rapper who is expecting another deal with Adidas in July and his other businesses is rumoured to be down to close to $7 billion.
According to Forbes, “It’s not true, based on our calculation”. They estimated he’s worth less than the third of the rumoured net worth, or about $1.8billion.
Kanye West’s total worth as at last year was $1.3billion and according to Forbes, that’s no where close to $6.6billion.
According to Forbes, Vista Equity’s Robert F. Smith remains the richest Black person in the U.S and Nigerian Aliko Dangote worth $11.8 billion is the richest Black person in the world.
Forbes went further to break down the rapper’s net worth and his businesses. Yeezy is conclusively at $1.5 billion, Cash and other assets is $160million. His music catalogue is $90million, SKIMS owned by the rapper and his estranged wife, Kim, is estimated to be $64million while Yeezy’s collab with Gap is still zero.
