Kanye West’s staggering wealth revealed in federal documents
Tuesday - 06/10/2020 14:44
Kanye West leads dozens of ventures and has massive stakes in both Nike and Adidas, according to a new federal filing.
Rapper-turned-presidential candidate Kanye West has a financial empire worth at least several hundred million dollars spread around a slew of companies, according to a new federal filing on Monday.
The hip-hop star and fashion mogul – who announced his bid for the presidency in July – reported stakes worth more than $69 million apiece in three of his Yeezy companies, according to Business Insider, which obtained a copy of the filing with the Federal Elections Commission.
Kanye, the other half of “Kimye’’ as the hubby of reality-TV star Kim Kardashian, also has a stake in Adidas worth up to $69 million and another in Nike that totals as much as $34 million, documents show.
The rapper has loads of other stakes in additional ventures too, including eight that have generated him almost $7 million a pop in the past year, the site said.