Kanye West’s Yeezy brand newly valued at $1.5 billion
The new valuation of the streetwear brand corroborates Kim Kardashian‘s comment that Kanye was on the brink of billions during an earlier appearance on Jimmy Kimmel Live in July 2018. “I would say my husband is one, so that makes me one, right?” Kardashian posited when asked whether the contents of her bank account put her over the millionaire threshold into billionaire status. “Close. Close, by proximity,” the reality TV personality added.
Kanye might not have a billion in his bank account, but the equity in his brand nonetheless puts the rapper right in line to obtain the financial status.
I am currently the single highest paid person in footwear. That means I make more money on shoes than Michael Jordan.
— KANYE WEST (@kanyewest) April 25, 2018
Kanye notably asserted that Yeezy was “the second fastest growing company in fashion history” on Twitter in April 2018.