Kanye West Officially Becomes A Billionaire

American rapper, Kanye West, has been named hip-hop’s second billionaire after his net worth was estimated to be $1.3 billion.

Allnews reports that Jay-Z became the richest in 2019.

According to Forbes, West's position was confirmed after he shared his financial records, revealing details about his wildly popular Yeezy sneaker empire and his fixation on outside validation. 

Forbes Magazine estimated his worth to be $1.3billion (£1.05billion) after the documents he provided were checked. 

Express news UK reports that despite being named a billionaire, West was allegedly unhappy with the evaluation. He reportedly sent a text to one of their employees which read: “It’s not a billion. It’s 3.3billion since no one at Forbes knows how to count.”Kanye’s trainer-side of the Yeezy brand has been estimated to be worth a whopping $1.26billion (£1.02billion).

The magazine described Kanye’s recent success in the retail industry as “one of the great retail stories of the century”.