Forbes: Kanye West Fortune Grossly Exaggerated / Rapper is NOT the Richest Black Person in U.S.

Published: Thursday 18th Mar 2021 by Rashad

Earlier this week reports surfaced indicating Kanye West was not only the wealthiest Black person in America currently, but that he was also the richest African American in history.

Thanks to his shrewd business investments, music catalog (as performer and producer), deals with Adidas, fashion retailers, and more, the original report clocked his net worth at an astonishing $6.6 billion.

As the story made its rounds on the net, Forbes – the authority in celebrity wealth and finance – has clocked the claim as “invalid” and provided receipts to substantiate their dispute.

Details inside:

In an article printed Thursday (March 18), the rich and famous lifestyle mag disagreed with reports that suggested West was worth nearly $7 billion.  In fact, they claim his net worth hovers under one-third that amount.


“Forbes is treating West the same way we do everyone else with similar royalty-based businesses: we take the most recent year’s licensing income and apply a multiple to it to account for the fact that this is an ongoing revenue stream.

Here’s a breakdown of Forbes’ estimate of his net worth—which is quite impressive, even if it’s not as high as he wants, or thinks, it to be: Yeezy: $1.5 billion, Cash and other assets: $160 million, Music catalogue: $90 million, Skims: $64 million, Yeezy x Gap: $0.

Forbes estimates he’s worth less than a third of [$6.6 billion], or $1.8 billion. Vista Equity’s Robert F. Smith remains the richest Black person in the U.S., worth an estimated $6 billion, while Aliko Dangote of Nigeria, worth $11.8 billion, is the richest Black person in the world.”


Though the $1.8 billion is an increase from the magazine’s 2020 report on West’s wealth, it’s still less than the $3.3 billion he claims he’s worth.  Click here to read more on that.

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  1. Section8DaGreat March 18, 2021

    Only a fool would believe that story 🤦🏽‍♀️

    • Here March 18, 2021

      Still worth a billion ..don’t see why it’s any if our business anyhow

      • Slick March 18, 2021

        You’re 100% right. He’s a billionaire. Non of our business.

  2. March 18, 2021

    regardless, he is still a billionaire.

  3. 🍭marilyn monh-O-E🍭(💫Perfectly Splendid✨) March 18, 2021

    I love rich black men💋 “money 💰 🍆💋

  4. Shayla Queen 👑 March 18, 2021

    Billionaire, bïtches! Now go eat a dïck 💋

    • 🍭marilyn monh-O-E🍭(💫Perfectly Splendid✨) March 18, 2021

      Yesssss I want black rich men’s golden shower 🚿 rain on me 🌧 ☔️ baby 💅🏿💅🏿💅🏿💅🏿 Let me get the money shot 🤳🏿🤳🏿🤳🏿

  5. HELLOKITTY March 18, 2021

    Nice job Forbes. Their work appears thorough.

  6. Queen Khiayonce March 18, 2021

    What does his net worth matter when Ye is a BILLIONAIRE??? He’s a billionaire, and y’all mad about how much of a billionaire he is??? LMAO

  7. Itdontmatter March 18, 2021

    …..and I died fuccin laughing 😆!
    The end!

  8. Duhduhduh March 18, 2021

    Jayz probably paid for this investigation , you know he’s been jealous of Kanye since The day DAME DASH SIGNED HIM TO ROC-A-Fella records back in the day . JAYZ feared Kanye’s talent and creativity tried to rob him blind and drive him crazy . Kanye still ended up richer than Jayz & Beyoncé put together 😆

    P.S. Kanye probably smashed Beyoncé while Jayz was out cheating with Becky .

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