Thanks to a new valuation of his Yeezy brand, Kanye West is the richest Black person in US history.
Financial firm UBS Group AG says that Yeezy is now worth between $3.2 billion and $4.7 billion, thanks to partnerships with Adidas and Gap.
Kanye also has $122 million in cash and stock, $110 million from his music catalog, and $1.7 billion in other assets, some connected to his estranged wife Kim Kardashian. Add it up and you get around $6.6 billion, making him the richest African American ever. Businessman Robert Smith would be second richest at $5 billion. (Amazon boss Jeff Bezos is the richest person overall at $180 billion.)
Brand valuation can be tricky and we're going to throw a flag here and say UBS Group AG's valuation of the Yeezy brand is BS.
Nevertheless, Ye is very rich.