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Kanye West Ripped Forbes After They Named Him A Billionaire

By HHL JT
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Last week, Forbes mag declared that Kanye West had followed JAY-Z as Hip Hop's second-ever billionaire.

While one might think that would please Ye, it did not.

You see, Forbes only put the 42-year old's net worth at $1.3 billion, whereas he believes he is worth at least $3 billion.

So he sent an angry message to Zack O’Malley Greenburg, the Forbes staffer who wrote the article.

“It’s not a billion,” he typed. “It’s $3.3 billion since no one at Forbes knows how to count.”

Almost all of Kanye's fortune is tied to his Yeezy brand.  (Just the footwear part, Forbes rates the apparel segment as worthless).  West does own 100 percent of Yeezy, but there's a catch.  All of the brand's kicks are produced, marketed, and distributed by adidas. 

"West’s aggressive $3 billion self-appraisal is clearly based on the idea that the business is infinitely portable. It’s not. Taking Yeezy away from adidas seems almost prohibitively cumbersome, if not contractually impossible," Greenburg retorted.

If anything, Forbes $1.26 billion dollar valuation of Yeezy seems generous, based on how tied it is to adidas.

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Posted In: Beef Kanye West

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