Kim Kardashian seems to be a happy and proud wife after her rapper husband Kanye West’s name got included in Forbes’ billionaire club. On the Other hand, the rapper has claimed that he has a higher net worth than what a tabloid is reporting.
The 42-year-old retail king has been finally declared a billionaire by Forbes, something he has desired for quite some time. Kim Kardashian, his wife, immediately took to Twitter. She used an emoji denoting “praise hands” on an article published by Bloomberg on Apr.24 that mentions: “Kanye West Vaults From Broke to Billions With Yeezy in Demand.”
Forbes had used a flamboyant headline to declare her husband’s accomplishment: “Kanye Is Now Officially A Billionaire.” However, the rapper would possibly have liked the word “billions” in the same headline. The magazine preferred to be slightly more conservative instead.
The tabloid reported that the Yeezy owner has a “current net worth estimate” of $1.3 billion. It also means that West’s net worth is $300 million more than Kylie Jenner, his 22-year-old sister-in-law. Jenner is also the topper in the magazine’s “youngest” list once again for this year.
In fact, Kylie Jenner’s name appeared in the Forbes billionaire list in March 2019 for the first time. On the other hand, Kanye West was not too excited despite this new honor bestowed upon him.
It is being reported that the rapper texted the publication even before their article went alive. He wrote, “It’s not a billion.” He also mentioned in the same text that his actual net worth is $3.3 billion, Hollywood Life reports.
While the rapper has claimed his billionaire status even in the past, Kardashian’s husband is now producing the receipts to prove his claims. Forbes follows a lengthy process that studied his expenses, assets, and debt before arriving at the figure of $1.3 billion.
According to Forbes, their new findings arrive after there was a negative reaction from West because his name was not included in the March list of annual billionaires. The outlet opines that the rapper is exaggerating his net worth.
While they accept that he is a billionaire, the rapper has been insistent that his net worth is much higher. On the other hand, Bloomberg reports that Bank of America Corp. has valued the high-end sneaker line of West called Yeezy at $3 billion in 2019.
It was before the fashion industry was badly hit amid the coronavirus pandemic. Irrespective of whether Kanye West’s net worth is $1.3 billion as reported by Forbes or is $3.3 billion as claimed by the rapper, it is certain that he is a billionaire. Also, Kim Kardashian seems to be a proud and happy wife because of her husband’s accomplishments.