Business Insider claims they recently got their hands on Kanye West’s documents he submitted to the Federal Election Committee, and they claim he has a net worth of “hundreds of millions of dollars” instead of billions like the rapper has claimed.
According to Hot New Hip Hop, Kanye estimates three of his companies, Yeezy Footwear, Yeezy Apparel, and Yeezy, are valued at $ 50 million apiece.
Interestingly, Kanye hit the headlines earlier this year after Forbes named him a billionaire, and the rapper responded with claims that he actually had $ 3.3 billion. Although the reports seem to contradict Kanye’s statements, the rapper reportedly stated on Twitter that he is now worth more than $ 5 billion.
West used his Twitter account this week to say that he was once $ 53 million in debt but now has a net worth of $ 5 billion, a development that happened in just under four years. The performing artist thanks God and Jesus for the opportunity to be successful.
Regardless of how much money the rapper is really worth, Kanye appears to be doing very well compared to his behavior a few months ago. As most know, the artist hit the headlines earlier this year when he got Kris Jenner and Kim Kardashian going on top of his social media account.
From $ 53 million in debt to $ 5 billion in net worth in 4 years. Thank you jesus I know I’m falling short, but I regret it. I am fully in the service of our Lord and Savior Jesus Christ. We build schools of the future. Thank god for the increase. pic.twitter.com/BwEitkOdqD
– dated (@kanyewest) October 8, 2020
Kanye claimed that his wife and mother-in-law both tried to “lock him up” at about the same time he was holding a campaign rally in North Carolina where he stood on stage and cried over considering abandoning his first child with his wife.
Kanye was upset in the press for his emotional speech, which many described as “insane” and “insane”. However, defenders of the rapper said he was just thinking passionately about a potentially traumatic event in his life that almost came to fruition.
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As previously reported, West announced that he would run for the 2020 presidency in July. It wasn’t long before he started working on a new project with Gap, the clothing company.
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