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Entertainment August 24, 2017
And what about that $53 million in debt?
Forbes doesn’t provide Kanye West’s 2017 net worth. Does that seem weird to you? No one can come up with a clear number for West’s net worth, which is a shock, mostly because of his marriage to Kim Kardashian, one of the biggest, most candid celebrities in the public eye.
GoBanking Rates reported it as $145 million, Celebrity Net Worth claimed it to be $160 million and InTouch weekly covered it as “between $145 million to $160 million.”
Kim Kardashian’s net worth for 2017 is solid on Forbes as $45.5 million.
So how is Kanye gaining and spending his wealth? Here are the factors that go into the illusive Kanye West net worth.
The rapper has released seven platinum studio albums: “The College Dropout” (2004), “Late Registration” (2005), “Graduation” (2007), “808s & Heartbreak” (2008), “My Beautiful Dark Twisted Fantasy” (2010), “Yeezus” (2013) and “The Life of Pablo” (2016).
Right after releasing his most recent album, he announced on Twitter that he was $53 million in debt.
To put it into Kanye perspective: He earned $25 million for the 18-date Yeezus tour alone. So his debt was over double his tour income from the previous album.
His Saint Pablo tour did well, earning him over $31 million, but was cut short due to his unbearable stress and exhaustion. Kanye cancelled the late November and December shows and refunded the tickets to the fans. He missed out on that extra tour income, but honestly, you can’t put a price on mental health.
Kanye is selling a plain gray t-shirt for $195. Theoretically, this should bring in an insane amount of cash. However, realistically, it’s hard to imagine many of Kanye’s fans actually being able to afford the merchandise.
His shoe deal with Adidas has proved successful since 2009 and rereleased in 2012.
People are somehow finding the money to buy his minimalist, grunge clothing, since he released a Yeezy Spring 2017 collection (season 4).
Kanye’s marriage to Kim definitely boosted his wealth. And because she experienced a terrible robbery in 2016, resulting in her staying off of social media for a few months (decreasing her income from Instagram ads) her net worth dropped $5.5 million from 2016.
Kanye and Kim have two children, North and Saint, taking up a portion of the wealth. The couple also plans to have another child, but due to painful and unhealthy past pregnancy issues, Kim decided to hire a surrogate to carry the child. This should cost the family around $130 thousand, according to average surrogacy statistics, but I’m sure carrying Kim and Kanye’s baby for nine months will come at a much higher price.
One day we’ll get the official Kanye West net worth, but until then, it’s fair to assume he will create more art to increase his wealth to share with his family.
