West sang Forbes’ praises as recently as two weeks ago, recalling the days when this publication’s “cover was just a mirage.” Indeed, he’s come quite far, earning a career-high $150 million pretax this year, thanks mostly to his Yeezy sneakers. But West changed his tune yesterday.
Subsequently, over the summer, I sat down with West and interviewed him for the theThe success of his Yeezy brand–projected to do some $1.5 billion in sales of his footwear and apparel through the end of 2019–had, by that point, already increased his net worth markedly from our previous estimate, as I noted in the story:
“Perhaps most impressively, West still owns 100% of Yeezy. This is the reason he became a centimillionaire many times over much earlier in his life than [Michael] Jordan. Given Yeezy’s success, West should eventually join the NBA legend—alongside sister-in-law Kylie Jenner and mentor Jay-Z—in achieving billionaire status, though the never-modest West would claim he’s there already.
As West himself said, it’s still early. If Yeezy’s sales numbers meet their full-year projections–and nothing else arises that would put profit margins at risk–he may soon make the list, joining West didn’t immediately reply today when we asked just where, precisely, he places his own net worth. The nextBillionaires issue will drop in the spring. Rest assured, Kanye, we’re watching closely–if and when you make it, you’ll be the first to know.
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