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inkeinspires.com > Entertainment > Kanye West Flaunts Net Worth As He Announces Return To Billionaire Status
Entertainment

Kanye West Flaunts Net Worth As He Announces Return To Billionaire Status

MTHANNACH
Last updated: January 24, 2025 9:20 pm
MTHANNACH Published January 24, 2025
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Contents
Kanye West reveals his new net worthThe rapper lost “2 billion dollars in one day”Kanye West is working on a new albumThe rapper reunited with his children in TokyoKanye West faces monthly penalties for unpaid property taxes

Kanye West revealed that he regained his billionaire status by posting his current net worth on Instagram.

The rapper’s staggering net worth is due to the success of his music and sole ownership of the Yeezy brand.

This comes two years after Kanye West lost a staggering “$2 billion in one day” and was reportedly months away from filing for bankruptcy after being dropped by Adidas.

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Kanye West reveals his new net worth

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West hinted that he had become a billionaire again. On Friday, he shared a snapshot of his eye-popping net worth with his 20.5 million Instagram followers.

West posted a message from Eton Venture Services that read: “As of 2025, Ye’s net worth is $2.77 billion, as confirmed by Eton Venture Services. »

“The valuation is based on its music portfolio and its exclusive ownership of the Yeezy brand,” the note added.

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Kanye West Net Worth
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Apparently proud of his latest accomplishment, the “Vultures” rapper captioned the post “LAA LA LA LA,” a line from his song “Can’t Tell Me Nothing,” where he sings, “Wait till I get my money right”. “

Some of his fans were stunned when one wrote in the comments, “Becoming a billionaire twice is the Lord’s work,” while another wrote that West is “the first person to become a billionaire twice”.

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The rapper lost “2 billion dollars in one day”

Kanye West
MEGA

In 2022, West suffered a devastating financial setback, losing “$2 billion in one day” due to a combination of factors, including ending his partnership with Adidas after the backlash he faced on social media social media for his anti-Semitic comments.

At the time, the father of four claimed he was on the brink of bankruptcy, with his finances in disarray as a number of brands severed ties with him due to his anti-Semitic outbursts.

However, it seems the rapper has started to make a remarkable recovery compared to last year, saying TMZ that he had to pour “everything I had” into a $7 million Superbowl ad for his fashion brand and album “Vultures.”

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“I’m just being honest with you all. I was two months away from bankruptcy and I put everything I had into it. [the album and the Super Bowl advert]” he told the media.

His Superbowl ad apparently paid off in helping him clear out his inventory as he shared a screenshot of text from one of his assistants informing him that total sales were 19, 3 million dollars.

West revealed at the time that as his wealth began to plummet, he and his wife, Bianca Censori, moved to Italy, where they began recovery efforts.

“We moved to Italy. We moved to the factories and we survived. We survived the cancellation. We’re back number one,” he said.

Kanye West is working on a new album

Kanye West and his wife Bianca Censori
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The “Carnival” rapper is already setting his sights on the next project: his new album, “Bully”. The West took Instagram to share clips of him “dragging” his daughter, North, into the studio after revealing she made him “love music again.”

In a black and white clip, North was shown walking around a huge warehouse before sitting down at a table with a microphone and speakers.

In a second clip, she can be seen with headphones and a microphone on her mouth as she plays with a sampling keyboard.

He captioned the videos “Training” and “TRAINING 2.0” before showing how proud he is of her in another post where he shared a black and white photo of her sitting in the studio.

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“This little girl made me love music again,” he wrote in the caption. “She asked me to make beats for her. I came back to ASR. I chopped the beats for her album and I chopped every beat with my bare hands for BULLY.”

The rapper reunited with his children in Tokyo

Kanye West is seen in Milan for fashion week
MEGA

In addition to North, West is the father of three other children, Saint, Chicago and Psalm, with his ex-wife Kim Kardashian, from whom he separated in 2022.

Kardashian hinted that the rapper was an absent father to their children during a November conversation with her best friend Zoe Winkler, where she explained that she felt like a single mother.

According to the Daily MailThe “Jesus is King” rapper has traveled the world with his wife Bianca Censori and stayed away from the country because he’s reportedly afraid of being drawn into the sex crimes controversy surrounding his former friend Sean “Diddy “Combs.

However, he was recently seen meeting up with his children, except North, at a 7-Eleven convenience store in Tokyo.

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It’s unclear if North’s downtime with West also took place in Tokyo, as it’s unclear if she initially made the trip with her brothers.

Kanye West faces monthly penalties for unpaid property taxes

Kanye West wears a black suit
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Despite West’s reported wealth, the rapper incurred a massive property tax debt on at least six of his properties, totaling approximately $365,000 in unpaid taxes.

While the exact timeline of the unpaid taxes remains unclear, reports suggest West’s tax bill was compounded by monthly penalties totaling $3,272.

According to the American Sunthe “Donda” rapper will also have to pay up to $82,662 by April 10 on some of his Los Angeles properties. Otherwise, the Los Angeles County Treasurer and Tax Collector will punish him further financially.

It remains unclear whether he intends to settle the debt or contest the charges due to his prolonged absence from the country.

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