{"id":7668,"date":"2021-03-23T11:25:06","date_gmt":"2021-03-23T10:25:06","guid":{"rendered":"http:\/\/dubawa.org\/dir\/?p=7668"},"modified":"2021-03-23T11:25:10","modified_gmt":"2021-03-23T10:25:10","slug":"kanye-west-is-not-the-richest-black-man-in-america","status":"publish","type":"post","link":"https:\/\/dubawa.org\/dir\/kanye-west-is-not-the-richest-black-man-in-america\/","title":{"rendered":"Kanye West Is Not The Richest Black Man In America"},"content":{"rendered":"\n

Claim: Several social media posts and screenshots have been seen circulating with the Claim that American Rapper Kanye West is the Richest Black Man in the United States.<\/strong><\/p>\n\n\n\n

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The claim that Rapper cum Entrepreneur Kanye West is reportedly the richest black man in the United States is Not True.<\/strong><\/p>\n\n\n\n

Full Story<\/strong><\/h2>\n\n\n\n

Viral posts were seen across Social Media platforms in Sierra Leone and beyond with a photo of popular American Rapper Kanye Omari West<\/a> with claims stating that the Rapper is the richest black person in the United States with an estimated net worth of $6 Billion. This claim, reported by multiple entertainment outlets like Complex, estimate that West\u2019s Sneaker brand Yeezy as well as Yeezy Gap – a clothing deal, have a combined value of as much as 4.7 Billion.<\/p>\n\n\n\n

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This has been shared widely ever since on WhatsApp statuses and Instagram, without detailed information on the claim offered to the public. Several people are now using his situation to offer motivational notes to readers as Kanye West was faced with issues of huge debt a few years ago. This was before his deal with Adidas which stabilized his financial situation that was mired in debts accounting for millions of dollars. These claims were however ignited by the Bloomberg post<\/a> which headlined \u201cGAP has billion-dollar ambitions for Yeezy Deal with Kanye West.<\/p>\n\n\n\n

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Verification<\/strong><\/h3>\n\n\n\n

It is no secret that Rapper Kanye West overcame his debt crisis and accumulated huge wealth on his\u00a0 YEEZY sneaker deal with Adidas<\/a> which is estimated by FORBES<\/a>\u00a0 to be worth around 1.7 Billion Dollars. However, all these accumulated wealth ranging from his Yeezy, Cash and other Assets, his music catalogue and Skims<\/a> which happens to be a co-owned company with soon-to-be ex-wife Kim Kardashian did not bring him any way closer to the purported $6 Billion net worth circulating on social media. Forbes also maintains\u00a0 it is less than a third of the purported net worth. Below is a rundown of his net worth as analyzed by Forbes:<\/p>\n\n\n\n