Kanye West is the richest black man in American history.

The rap icon and fashion mogul is now officially worth a whopping $6.6 billion, Bloomberg reports. It’s interesting to note that, arount the same time last year, Ye became a certified billionaire with the help of his successful apparel and sneaker brand, Yeezy and new multi-year contract with Gap.

According to Business of Fashion, the Yeezy brand is valued at $3.2 to $4.7 billion, and since Kanye remains the sole owner of the Yeezy company, most of his net worth is attributed to his recent business decisions, and the $1.7 billion that he pockets from additional assets, including his significant investment into his soon-to-be ex-wife’s Skims label. An unaudited balance sheet of West’s finances has also revealed that West has $122 million in cash and stock, while his entire music catalog is worth $110.5 million.

Posted by:Staff