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Kanye West may be the next billionaire on the block, thanks to Yeezy

West is the majority stakeholder at Yeezy, which has had collaborations with Adidas.

Aug 04, 2018, 01.08 PM IST
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LOS ANGELES: American rapper Kanye West is reportedly closing in on reaching the billionaire status, owing to the success of his fashion brand Yeezy.

West is the majority stakeholder at Yeezy, which has had collaborations with Adidas, and was recently valued at 1.5 billion dollars, reported Fox News.

His wife Kim Kardashian hinted towards the same when asked if she was close to being a billionaire on the 'Jimmy Kimmel Show' last month.

Smiling on the inside

A post shared by Kim Kardashian West (@kimkardashian) on



"I would say my husband is one, so that makes me one, right? Close. Close, by proximity," she said on the show.

Earlier in April, West tweeted about the success of Yeezy, saying it would soon go from being a unicorn, a company that is valued at 1 billion dollars, to a decacorn, a company valued at 10 billion dollars.

"We have 160 positions to fill by the end of the year. Yeezy will hit a billion dollars this year. It is the 2nd fastest growing company in history. It is a unicorn on its way to becoming a decacorn," West tweeted.


Seems like Kylie Jenner is not the only billionaire-to-be in the family.

From Bernie Ecclestone to Richard Branson: Billionaires who own outrageous properties

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26 Dec, 2017

British business magnate and owner of Formula One, Bernie Ecclestone, purchased a mountain in Switzerland’s Gstaad “just because he liked it”. While it’s unclear how much Ecclestone paid for the mountain, he’s not the only one to own such outrageous properties.

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What makes Adidas Yeezy the 'Lamborghini of shoes', Kanye West reveals

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