Kanye West Claims He’s Now Worth $5 Billion After Falling Millions In Debt

Kanye West

Kanye West is celebrating after affirming that he now has a net worth of $5 billion after falling “$53 million in debt”. Recall that during the summer, the American rapper claimed his net worth was actually $3 billion despite Forbes claiming it closer to $1.3 billion.

On Thursday October 8, he took to Twitter to talk about his finances after Ok! Magazine published an article that claimed his net worth is $5 billion.

“From $53 million in debt to a net worth of $5 billion in 4 years,” he tweeted thanking Jesus for his fortune. “Thank you, Jesus. I know I fall short, but I repent. I am fully in service to our Lord and Savior Jesus Christ. We are building schools of the future. Thank God for providing the increase.”

 

The tweet comes after Business Insider revealed on Monday that he disclosed his financial assets and liabilities as part of his candidature for the presidential elections.

In the documents obtained by the outlet, the rapper values three of his companies (Yeezy LLC, Yeezy Apparel LLC, and Yeezy Footwear LLC) at $50 million each.

His assets also include his music-related intellectual property Mascotte Holdings Inc., which is valued between $5 million and $25 million, and publishing and content creation firm West Brands LLC, valued at up to $5 million.

He additionally has huge stakes in Adidas and Nike. He also added a $5 million income excess from the last year through his clothes, music, and marketing. However, the father of four revealed in the document that he has up to $100 million of debt, mostly from mortgages.

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