Net Worth: $500 Million
Kanye West’s net worth is estimated to be $500 million in 2023. While his fortune is impressive, the rapper turned fashion designer was worth over $1 billion less than one year ago.
How Much Did Kanye West Earn From Adidas?
Kanye West owns 100% of his Yeezy apparel line, and he leveraged interest in his clothing to form a very lucrative partnership with Adidas.
The Yeezy brand became an immediate success for the company and generated $2 billion in revenue per year. According to Forbes, Kanye West’s net worth increased by around $220 million per year at the height of the partnership, while Adidas earned $250 million.
In March 2021, before Adidas terminated the partnership with Kanye West over his antisemitic comments, the brand received a valuation of $3 billion to $4 billion.
After Adidas ended the contract, West saw his net worth plummet, potentially by nearly $1.5 billion.
Kanye’s Music Catalog
everett225 / Depositphotos.comThe Kaney West music catalog includes his own seminal works and music he has produced for other famous musicians, including famed rapper Jay-Z. That catalog, plus Kanye’s G.O.O.D. Music labels are estimated to be worth a cool $90 million.
While $90 million is impressive for a single part of Kanye’s wealth, it’s a far cry from the $170 million that Billboard says Kanye West earned in 2020.
It’s not publicly known how much Kanye West earned from his new album sales in the past, but we do have sales figures, and the figures point to earnings in the tens of millions.
| Album | Year Of Release | Total Sales | ||
|---|---|---|---|---|
| Late Registration | 2005 | 6.4 Million | ||
| Graduation | 2007 | 6.1 Million | ||
| Watch The Throne | 2011 | 5.5 Million | ||
| The College Dropout | 2004 | 5.1 Million | ||
| The Life Of Pablo | 2016 | 3.6 Million | ||
| My Beautiful Dark Twisted Fantasy | 2010 | 3.6 Million | ||
| 808s & Heartbreak | 2008 | 3.4 Million | ||
| Yeezus | 2013 | 2.2 Million | ||
| Donda | 2021 | 1.2 Million | ||
| Ye | 2018 | 1.1 Million | ||
| Jesus Is King | 2019 | 571,000 | ||
| Late Orchestration | 2006 | 100,000 | ||
| Total Albums Sold | 38.871 Million |
Kanye West Earns Million From Music Streaming.
Kanye West’s net worth has risen by millions of dollars, thanks in no small part to his streaming success. As of October 25, 2023, Spotify had streamed West 38,729,014,033 times.
On the low end, Spotify is estimated to pay $0.003 per stream. Based on Kanye’s numbers, the lowest pay he has likely received is around $92 million. We used the Sound Camps Spotify Royalty calculator to reach that estimated payout.
If you throw in other music streaming services, YouTube, and earnings from other social media platforms, it’s likely that Kanye West’s net worth increased by more than $150 thanks to streaming and social media.
To put West’s streaming revenue into perspective, when Taylor Swift released Speak Now (Taylor’s Version), Scripps News estimated that once it hit 799,142,464 streams, Swift made an estimated $6,393,140 in royalties.
Kanye West Pays Child Support To Kim Kardashian
PopularImages / Depositphotos.comKim Kardashian’s net worth is $1.7 billion as of October 2023, but that doesn’t mean West is off the hook when it comes to paying for the care of the children he fathered with his ex-wife.
The Guardian reports that West was ordered by a judge to pay Kardashian $200,000 per month for the care of their children. Psalm West was only three years old when their parents divorced in 2022. If West is forced to pay the full $200,000 per month through his youngest child’s 18th birthday, he could be on the hook for $2.4 million per year and nearly $36 million in total.
It’s likely that as his children turn 18, West will be able to have the monthly payments lowered since Kim Kardashian will not be legally responsible for the kids.
What Is Kanye West’s Net Worth?
In 2023 Kanye West’s net worth is $500 million, a far cry from the nearly $2 billion he was estimated to be worth just one year prior. West has alienated part of his fan base, has destroyed business partnerships because of his antisemitic remarks, and shows no signs of remorse, which could ultimately mean further drops in his net worth in the years ahead.
