Kanye West not so rich: Forbes issues downgrade


Kanye West not so rich, says Forbes

Kanye West
Kanye West not so rich, says Forbes

By Abankula

The reported wealth of Kanye West has come under scrutiny after reports he was the wealthiest African American. Forbes has now issued a downgrade.

Earlier report quoting Bloomberg put his net worth at $6.6 billion.

But Forbes has allocated him a $1.8 billion fortune, a fraction of the money he was accredited with in prior reports.

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The attributed wealth to the Famous artist, 43, came in the wake of a Bloomberg report that his Yeezy brand is worth in the range of $3.2 billion to $4.7 billion, with him holding onto another $1.7 billion.

But Forbes said late Thursday that West’s wealth grew from $1.3 billion in May of 2020 to $1.8 billion.

The report states that the wealthiest Black person in the country is Vista Equity CEO Robert F. Smith with $6 billion.

Worldwide, Nigerian business magnate Aliko Dangote leads all black people with a net worth of $11.8 billion.

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