Kanye West has always said his Yeezy brand is the biggest streetwear brand in the game, and it turns out he wasn’t lying. According to a recent report from The Blast, Kanye’s Yeezy company has received a valuation of an estimated $1.5 billion.
Kim Kardashian also confirmed Kanye’s new financial status during an appearance on Jimmy Kimmel Live in July 2018. When questioned about her own bank account and whether it was close to billionaire status, the reality star said: “I would say my husband is one, so that makes me one, right? Close. Close, by proximity.”
While the valuation doesn’t necessarily mean that Kanye has $1.5 billion in the bank, the artist is reportedly on the brink of being considered a billionaire.
Ye previously spoke about his brand’s growth on Twitter in Apr. 2018. He claimed that Yeezy was the second fastest growing company in fashion history. He also dubbed it the “unicorn” of the industry. “I am currently the single highest paid person in footwear. That means I make more money on shoes than Michael Jordan,” he wrote at the time.
Kanye isn’t the only aspiring billionaire in the family. Forbes recently reported that Kanye’s sister-in-law Kylie Jenner’s company Kylie Cosmetics has a valuation of $900 million, just $100 million shy of a billion. So, say what you want about the blended family, but they know how to capitalize on their fame.
I am currently the single highest paid person in footwear. That means I make more money on shoes than Michael Jordan.
— ye (@kanyewest) April 25, 2018