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Kanye West claims Forbes underestimates his net worth by $7 billion | Celebrity News

Kanye West thinks Forbes understated his net worth, which he claims is $7 billion.

After the financial magazine unveiled its latest billionaire list and valued the rapper at $2 billion, a source close to the ‘Jesus Walks’ hitmaker and Yeezy founder told The Blast that Forbes was trying to “control it and diminish it even at the cost of its own integrity.”

They argued that the publication only takes into account “last year’s revenue only” and does not mention the “enterprise value of long-term agreements in place”.

The 44-year-old designer – who legally changed his name to Ye – has major branding deals with Adidas and Gap.

Kanye placed 1,513 on the list, while his ex-wife Kim Kardashian, 41, made 1,645, jumping 1,000 places from last year, with a net worth of 1.8 billion. dollars – through its SKIMS brand, KKW Beauty, mobile game and family reality TV show.

In first place is Tesla and SpaceX boss Elon Musk, 50, with an estimated net worth of $219 billion.

It’s the first time since 2018 that Amazon CEO Jeff Bezos hasn’t topped the list.

The 58-year-old business tycoon’s net worth has plummeted from $6 billion to $171 billion, following substantial donations to various charitable causes.

Rihanna joined the list with her $1.7 billion credited to her lucrative cosmetics brand Fenty Beauty and lingerie line Savage X Fenty, making her the richest female music star in the world.

And Jay-Z’s $1.4 billion — largely from his Roc Nation label and the sale of the TIDAL streaming service and its Armand de Brignac champagne — has positioned the 52-year-old hip-hop legend at 2,076.