In this article, openjason brings to you a biography of another celebrity, Kanye West. So, we will get to know more about Kanye west net worth 2022 and everything will need to know more about him alongside Kanye West salary, how much he makes from his music and kanye west net worth 2022 forbes. Let’s dive into this.
Who Is Kanye West
Kanye West was born in Atlanta, Georgia, on June 8, 1977. When Kanye West was three years old, his parents split, and he moved to Chicago, Illinois, with his mother.
Kanye West had an early interest in the arts; at the age of five, he started composing poetry.
Kanye West started studying painting studies at Chicago’s American Academy of Art in 1997 after receiving a scholarship to attend following his high school graduation.
Kanye West quickly changed schools to Chicago State University to pursue an English degree. Kanye West left college at age 20 to pursue his artistic aspirations after quickly realizing that his hectic class schedule was damaging to his musical work.
Kanye West Net Worth 2022
According to Forbes, Kanye West has a net worth of $7 billion US dollars. Self-made billionaire Kanye West is supported by his Yeezy clothing line. Kanye West is a rapper, record producer, and fashion designer. He is from the United States. With over 160 million records sold, Kanye West is one of the best-selling musicians in the entire world.
The joint tenth-most Grammy Awards of all time were earned by Kanye West, who has 22. Kanye West is a fashion designer who has worked on apparel and footwear for brands like Nike, Louis Vuitton, The Gap, and A.P.C. He also heads the Yeezy partnership with Adidas.
How Much Money Does Kanye West Make from His Music?
One of the greatest and most popular hip-hop artists in history is Kanye West. Although he has dabbled in a variety of musical genres, including pop, gospel, and even electro, his greatest fame still belongs to his hip-hop successes and his collaborations with well-known musicians like Jay Z, John Legend, and Rihanna.
One of the best-selling musicians of all time, Kanye West has sold close to 250 million certified units during his career. In 2020, the value of his music collection was projected to exceed $110 million. He and Jay Z are tied for having received 24 Grammy awards, making him the most awarded hip-hop musician in history.
According on the number of Spotify subscribers he has each month, the streaming service is thought to pay him about $15 million a year. His earnings from other streaming providers like Apple Music and Amazon Music are probably equivalent.
He has performed on some of the most lucrative tours in history, earning an astounding $200 million:
- The Watch the Throne Total Gross (with Jay Z): $75.6M – 68 shows in 2011 / 2012
- The Saint Pablo Total Gross: $52.8M – 41 shows in 2016
- The Yeezus Total Gross: $31.8M – 45 shows in 2013
- Glow in the Dark Total Gross: $30.8M – 88 shows in 2008
Additionally, he owns the GOOD Music record label, where he has helped launch the careers of many well-regarded musicians like Pusha T.
How much does Kanye West make from Yeezy?
It might come as a surprise that, according to Forbes, the majority of Kanye West’s net wealth comes from his Yeezy clothing line. According to the publication’s 2020 update on Kanye West’s net worth, Kanye “has established a brand that’s challenging Nike’s Air Jordan for sneaker world supremacy,” so it should not be surprising that the company earned an estimated $1.3 billion in revenue in 2019 alone. Kanye, who technically owns 100% of the company, is expected to receive an 11% royalty from Adidas, which is in charge of designing, manufacturing, and marketing Yeezy shoes. This royalty translates to a salary of more than $140 million from Yeezy sales in 2019 alone.
What Other Assets Does Kanye West Own?
Kanye West reportedly possessed $122 million in stocks and cash as of 2021, according to Bloomberg.
He has a number of residences, including a $57.3 million Malibu beach estate created by Tadao Ando, a $10 million ranch in Wyoming, and a $2.2 million ranch in Los Angeles.
In addition, he owns a Lamborghini Urus, a Mercedes SLR, and a Bugatti Veyron, among other high-end vehicles. His automotive collection may be worth more than $4 million.
Although it is unknown if he possesses a private aircraft, he is frequently spotted traveling on one. Also unknown is whether he owns a yacht.
How much money does Kanye West make from albums?
The whole value of West’s music career, which includes his own albums, those he has produced for other artists (including timeless works like Jay-The Z’s Blueprint), and his G.O.O.D. Music label, is pegged at a whopping $90 million. With earnings of $170 million, he became the highest-paid musician in the world in 2020 and the highest-paid hip-hop artist in 2019. Although his earnings from the sales of each of his individual albums aren’t made public, he probably fared well in that area as well given the sales numbers.
How much does Kanye West make from Spotify?
The average amount that Spotify pays artists each stream is literally less than half a penny ($0.00437), with some artists and companies negotiating higher prices of $0.0084, which is still less than a cent. Nevertheless, West has enough streams to continue earning well via Spotify: If we utilize the $0.00437 estimate per stream as of October 2021, West will still make close to $3,747,643 from his top 10 most well-liked songs alone.
He performs well on other streaming platforms as well: In 2016, his Tidal-exclusive album The Life of Pablo allegedly received 250 million streams in its first 10 days.
How much does Kanye West make from touring?
West’s music sales are primarily based on live performances, like the majority of other musicians. His performances are almost always sold out, and his tour earnings are even more attractive than his Yeezy models.
West’s Glow in the Dark tour brought in $30.8 million, and West and Jay-Watch Z’s the Throne tour together brought in $75.4 million.
$31.8 million was made on the Yeezus Tour.
The Saint Pablo tour brought in $52.8 million, although Kardashian had to postpone many performances after being hospitalized for a mental health crisis and being robbed in Paris at gunpoint.