Kanye West is a billionaire now

Based on financial documents reviewed by Forbes, Kanye West’s net worth has recently reached $1.26 billion dollars. It's a tremendous change - less than five years ago, West publicly announced himself to be $53 million in debt. After striking a deal with Adidas to expand his Yeezy apparel brand, his income skyrocketed. Last year alone, West’s Yeezy sneakers sold $1.3 billion, with West himself personally pocketing $140 million in royalties. On the music side, West’s recordings and publishing rights are valued at around $90 million.