Kanye West is now officially both the world’s highest-paid musician and a billionaire, according to Forbes.
Earlier this month, Forbes released the 2020 edition of one of its infamous lists, “The World’s Highest-Paid Celebrities.” West comes in at number two on the list, right behind his sister-in-law Kylie Jenner, with yearly earnings of $170 million. Most of this money comes from West’s sneaker contract with Adidas, which is in total worth approximately $1.26 billion, granting him the title of billionaire.
Of course, giving West the title of “World’s Highest-Paid Musician” might be a bit controversial, given most of his money comes from his Yeezy sneaker line with Adidas. The next musician on the list is Elton John, who comes in at number fourteen, with $81 million in yearly earnings. John’s very successful Farewell Yellow Brick Road tour grossed $212 million in 2019.
The following two musical artists on the list are also there as a result of their tours. Ariana Grande comes in at number seventeen on the list with yearly earnings of $72 million, and the Jonas Brothers are three places behind at number 20 with combined yearly earnings of $68.5 million.
But regardless of how West finally reached billionaire verification by Forbes, a title he has been publicly vying for, it is clear that he has a significant amount of wealth. While the final estimates by Forbes were one-third of what West was initially boasting to the magazine publication, that still leaves him with an estimated worth of $1.26 billion. There is no question that West has been extremely successful, both in his musical career and other ventures.
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