Kanye West is many things: complicated, smart, and creative, to name a few. He may also have a mental illness, which has caused him a lot of personal and professional problems.
After West made some anti-Semitic comments and did some “White Lives Matter” stunts in the fall of 2022, Adidas and Gap ended their lucrative partnerships with him for his Yeezy lines, which helped him make a big chunk of his wealth.
Even before this, West’s finances were a bit of a mystery because he lied about how much money he had and how much debt he had. West tweeted in 2016 that he owed $53 million and asked Mark Zuckerberg to put $1 billion into “Kanye West ideas.” Even though the founder of Facebook said no, West still made it there in the end.
West, whose legal name is now Ye, is one of the best rappers and producers of his generation. However, he is almost as well-known for his sometimes strange behaviour, such as his failed run for president in 2020 and his famous interruption of Taylor Swift at the 2009 MTV Video Music Awards. His bipolar disorder often makes him act strangely. His love life has also kept him in the spotlight, and the divorce proceedings he is going through with his estranged wife Kim Kardashian may put his life and finances in a brighter light than ever.
Here’s what we know about Kanye West’s net worth and how he’s made his money so far. He made $5,000 for a beat for Jermaine Dupri, millions for his tours, and huge amounts for his Yeezy clothing line.
Kanye West’s Net Worth
He was once worth an estimated $2 billion. That’s a lot of money. Yes, capital B! Since the German company ended its partnership with Kanye’s Yeezy brand, his net worth is now estimated by Forbes to be $400 million. The Yeezy brand was worth about $1.5 billion of that amount.
How Much Does Adidas Pay Kanye West?
Forbes says that West made as much as $220 million a year from his collaboration with Adidas on the Yeezy brand. As of October 25, 2022, how much does he make from Adidas? Not much more, because he is openly against Jews.
In a statement, Adidas said, “Adidas does not stand for antisemitism or any other kind of hate speech. Ye’s recent comments and actions are unacceptable, hateful, and dangerous. They also go against the company’s values of diversity and inclusion, mutual respect and fairness.
After a careful look, the company has decided to end its partnership with Ye right away, stop making products with the Yeezy brand, and stop paying Ye and his companies. Adidas will stop doing business with Adidas Yeezy right away.”
How Much In Royalties Does Kanye Get From Adidas?
Forbes said that Yeezy and Adidas made up $1.5 billion of West’s net worth. Since Adidas will no longer work with him after October 2022, his income is likely to drop sharply. The news source said that his earnings from Adidas were similar to the royalties that Bruce Springsteen and Bob Dylan get from their music catalogs.
How Much Did Yeezy Make For Adidas?
The Washington Post says that before Adidas broke its contract with West, the Yeezy brand brought in about $2 billion in sales every year. It was close to 10% of the company’s total revenue for the year.
How long is Kanye’s Adidas Contract?
West was supposed to work for Adidas until 2026 when the deal was first made. In 2013, he first started working for the sports brand. When he talked badly about the brand in public and made openly anti-Semitic comments, his partnership ended four years early.
Can Kanye file a lawsuit against Adidas?
First of all, anyone can sue anyone for just about anything. Still, it’s a different story to win a lawsuit that isn’t thrown out. West probably doesn’t have a very good reason to sue Adidas: In addition to being anti-Semitic, which may be part of the Adidas brand because of the company’s complicated history in Nazi Germany, he also said bad things about the company in public, which is probably against their contract. He may also have broken the company’s rules about keeping things quiet.
Kanye West’s Albums Earn How Much?
It is claimed that West’s music archive, which includes both his own albums and those that he has produced for others (including timeless works like The Blueprint), as well as those released on his G.O.O.D. Music label is worth a cool $90 million. With earnings of $170 million in 2019, he surpassed Jay-Z as the highest-paid person in the hip-hop industry. In 2020, he became the highest-paid musician in the world.
It is unknown to the general public how much money he made from the sales of each of his own individual albums, but taking into account the number of albums sold, it is likely that he fared fairly well in this area as well.
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