Kanye West Net Worth: How Does Kanye West Spend His Money?
Kanye Omari West is an American songwriter, singer, rapper, fashion designer, and record producer who is from Atlanta, Georgia. According to Celebrity Net Worth, Kanye West has an estimated net worth of about $6.6 Billion.
Kanye West got his start as a producer for Roc-A-Fella. He made hit singles for many of the label’s recording artists. West got a lot of attention for his work on Jay-album Z’s “The Blueprint” and on hit singles like “Izzo (H.O.V.A. ),” “04′ Bonnie & Clyde,” “Stand Up,” and “Jesus Walks.”
From then until now, we’ve seen Kanye grow into an international star, not just through his music but also through his own fashion brand, shoe collections, and a number of other ventures. Forbes recently said that Kanye had provided documents showing that his stake in Yeezy has pushed his net worth into the billions.
Kanye has sold more than 140 million records worldwide and has won many awards, including 21 Grammys. He is also one of the biggest concerts draws and has made over $150 million just from his tours.
Since he started in the business, Kanye has topped the charts, caused fights, put out controversial songs and videos, and made himself known as one of the richest rappers in the hip-hop industry.
Early Life of Kanye West
Kanye Omari West was born in Atlanta, Georgia on July 8, 1977. When he was three, his parents got a divorce, and he went to live with his mother in Chicago. His father, Ray West, is a former Black Panther who moved to Maryland after the divorce to open a store and cafe with money from his son.
West started rapping in school when he was in the third grade, and he started making musical appearances when he was in the seventh grade. He got a scholarship after he graduated from high school and went to the American Academy of Art in Chicago in 1997. West quit school when he was 20 to follow his musical dreams.
Kanye West’s Career
Kanye West was involved in small music productions until the early 2000s. He did the music for local artists and was a producer for Deric “D-Dot” Angelettie. He got his big break when he became a producer for artists on Roc-A-Fella Records. There, he worked with singers like Ludacris, Common, and Cam’Ron.
West started his career as a successful producer, but what he really wanted to do was become a rapper. In 2004, his rapping career took off when he released his first album, “The College Dropout,” which sold 441,000 copies in its first week.
In 2005, he worked with composer Jon Brion on West’s new album, Late Registration. His earlier album had already sold over 2.3 million copies in the U.S. Two years later, he put out his third studio album, “Graduation,” which reached No. 1 on the US Billboard 200 and sold about 957,000 copies in its first week. The song titled “Stronger” became Kanye’s biggest single hit.
West released his fifth album, “My Beautiful Dark Twisted Fantasy,” in 2010. It went to the top of the Billboard charts in its first week and was praised by critics as a work of genius. In the United States, the album went platinum. Since then, West’s music has sold millions of copies, and he is known around the world as one of the best rappers. He has worked with Eminem, Jay-Z, Beyonce, and many others.
West is one of the best musicians in the world, and he is also a successful businessman. In his business, he makes and designs clothes and shoes. He has worked with companies like Nike, Louis Vuitton, and Adidas to make sneakers that are very popular with his fans.
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West has also helped start companies like DONDA and GOOD Music, which have made him one of the wealthiest people in the entertainment industry.
What Does Kanye West Do With the Money He Has?
West didn’t make most of his money from music. Most of his money comes from his clothing and shoe brand, Yeezy. Kim Kardashian and Kanye West bought their home in 2014 for $20 million. It is said that they spent four years and another $20 million fixing it up before they moved in in 2018. Later, Kris Jenner wrote on Twitter that the home was worth $60 million.
Kardashian West’s 20-carat diamond engagement ring, which is estimated to be worth $4.5 million, is one of the most expensive celebrity engagement rings.
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Kanye reportedly spent $74,000 on gifts for North, who was 18 months old at the time. The haul included a $62,000 diamond-studded tiara and a $12,000 toy replica of his black SUV.