Kanye West is a billionaire. This fact, which Forbes reported on Friday, might not seem like much of a shocker, but the magazine has declined to name West as a “billionaire” in the past. Forbes reported in yesterday’s story that last year, West did not provide documentation that would prove he’s a billionaire.
“When we featured West on the cover of Forbes last summer, delving into his incredible success with Yeezy, he seemed pleased at first. His world-famous wife, Kim Kardashian West, even tweeted her congratulations, to the positive affirmations of 32,300 of their closest Twitter friends,” Zack O’Malley Greenburg wrote. “But without sufficient documentation on his unusual stake, versus just his word and industry guesstimates, we didn’t call him a billionaire.” This week, though, things seemed to change.
Greenburg wrote that, this week, West “provided what we feel is an authentic numeric look into Kanye, Inc.” The magazine estimates that it was West’s stake in Yeezy that put him over the billionaire mark and says he’s worth a little more than $1 billion. There’s a little more complication related to how much the magazine estimates West is worth versus how much he says he’s worth.
West is not the only billionaire in the extended Kardashian family. His sister-in-law Kylie Jenner was named a self-made billionaire by Forbes when she was 21. This year, she retained her status, and she officially became the youngest billionaire in the world.
Jenner beat out Facebook CEO and co-founder Mark Zuckerberg for the title, who became a billionaire at 23.