Kanye West and Kim Kardashian’s pending divorce has everyone talking. The power couple have separated after 7 years of marriage. Its been reported that Kim has secured a team of the leading divorce lawyers to help with the split. Ahead of their divorce being finalized, Kanye West’s net worth was discussed in a People Magazine exclusive.
The 43 year old Hip-Hop legend is currently worth $6.6 Billion dollars. This is a significant increase from what it was reported to be in April of 2020 via a Forbes spotlight.
West has become a powerhouse force in the fashion world thanks to his lifestyle brand Yeezy. He is currently a partner with Adidas AG and Gap Inc. The business venture is now valued between $3.2 billion and $4.7 billion by UBS Group AG.
The Gap collaboration is scheduled to hit stores this coming summer. Bloomberg reported that the line when launched “could be worth as much as $970 million of that total,” citing a bank estimate.
West also has $122 million in cash and stocks. His music catalog is valued at $110 million. Remaining assets are valued at $1.7 Million. This includes the SKIMS line he owns with his estranged wife.
Kim is doing pretty well too. A report in October 2020 by Forbes said she was currently worth $780 million. A recent deal with Coty valued Kim’s company at $1 billion, which according to Forbes put her net worth at an estimated $900 million.
With the emotional toll the divorce will probably take on the couple and their family, its good to know they won’t have the added stress of fighting over money or assets. If all goes well, they will leave with their respective fortunes and go their separate ways. The couple still has kids to raise. They share daughters North, 7½, and Chicago, 3, and sons Saint, 5, and Psalm, who will turn 2 in May.
At the time of the divorce announcement, a source told People that Kim was indeed having a tough go at it.
“Although Kim and Kanye have been separated for months, it was still emotional for Kim to actually file for divorce,” the source says. “She spent the weekend taking care of herself and her kids. She is spending time with her mom, sisters and hasn’t been working. Everyone is supportive. Kim feels very lucky to be surrounded by her big family.”
It’s been reported that Kim Kardashian and Kanye West indeed have a ironclad prenup, which will only leave Kim entitled to specific terms of the agreement, which has nothing to do with this latest valuation.