Net worth

What is Kanye West’s net worth now? Billionaire plans to get a slice of paparazzi money

Kanye West was officially declared a billionaire by Forbes in April 2020 when they publicly announced that his net worth stood at $1.3 billion. Despite being the wealthy man that he is, that didn’t stop Kanye from asking the paparazzi for a percentage share when he was recently patted down at the airport. The Grammy-winning rapper spoke to a few photographers who were apparently waiting to click on the acclaimed rap star to tell them he would like a clipping of his photos and videos which they earn by tracing his likeness.

The 44-year-old rapper, who is one of the richest black men on the planet, was in no joking mood when he told the paparazzi he would change the rules and want to win money by clicking on his photos. According to a video shared by No Jumper on Twitter, the rap icon said, “Right now you can shoot us all without having to pay. I’m going to change that,” adding, “I’m not saying it in a negative way. It’s just like, right now, it’s really one-sided. Kanye West reportedly left Miami after spending time and making music for “Donda 2” with DJ Khaled and other friends.

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Ye arrives in the arena for the fight between Jamel Herring and Shakur Stevenson at State Farm Arena on October 23, 2021 in Atlanta, Georgia. (Photo by Brandon Magnus/Getty Images)

“You don’t give us any percentage”

Kanye West, who has improved his net worth considerably over the past few years, decided to school the paparazzi as he further stated that they don’t give celebrities any percentage of what they earn from their pictures. He added that both sides would make money and it could no longer be one-sided. “You can follow us, you can stay up [outside] a hotel at some point – you don’t give us any percentage of what you do with us, our kids, and I’m going to change that,” the “College Dropout” hitmaker said.

The Chicago native added: “We all have to make money together. It can’t be a one-sided thing. Look, if I’m just with my kids, I say I don’t want you to fire me on it, so it’s just something you all have to respect We can get this money together, but we have to have a conversation Kanye also added that the paparazzi gaslighted him during his altercation with an applicant. autograph of the 40-year-old who was reportedly hit by the rapper in Los Angeles this month.The rapper said he was not a fan but someone trying to make money from his name. Leaving the scene, Kanye concluded, “I respect your work. My dad was a newspaper photographer. I love the paparazzi. But as Americans, we have to respect each other. We have to bring pride back to this country.”

What is Kanye West’s current net worth?

Just like other musicians, Kanye also rakes in an impressive sum through lucrative streaming, sales, concerts, collaborations, and endorsement deals. According to Celebrity Net Worth, the legendary rap star is valued at $6.6 billion. Kanye, now called Ye, is pocketing big paychecks on his Yeezy sneakers, a longtime collaboration with Adidas.

Kanye, also reportedly raked in $12 million ahead of the release of his 10th studio effort “Donda,” all thanks to the multiple listening sessions he held at different venues. The hip-hop entertainer also has a stake in Skims, the fitness and loungewear company of his ex-wife, Kim Kardashian. He reportedly earned nearly $65 million from the same. Kanye, of course, happily walks to the bank after his new music releases. He reportedly racked up $90 million last year from his impressive music catalog. Forbes had, however, challenged his 2020 net worth, saying, “West’s aggressive $3 billion self-assessment is clearly based on the idea that the business is infinitely portable. It’s not. Removing Yeezy from Adidas seems almost prohibitively expensive, if not contractually impossible.

The publication reported: “We tend to view self-assessments with a bit of skepticism. Music aside, half of it all presumably belongs to his wife, though she’s no slouch and the math goes both ways. Given the illiquidity of those myriad assets and the lack of independent backup, we’re discounting all of that at 50%, leaving roughly $125 million in assets outside of its Yeezy crown jewel. Then there’s the debt: between mortgages, advances and other debts, we’ve seen about $100 million that West is responsible for.” Kanye, in a nutshell, makes close to $100 million every year.

Kanye West speaks onstage during ‘Kanye West and Steven Smith in Conversation with Mark Wilson’ at on November 07, 2019 in New York City. (Photo by Brad Barket/Getty Images for Fast Company)

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