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Forbes Finally confirms Kanye is a Billionaire


 


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 7 days ago '17        #51
Willy Boban 248 heat pts248
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 nupe1911 said
That family doesn't have sh*t to do with Kanye's fashion success. He was huge at Nike and even bigger now. His influence was so huge until he has spawned Virgil, Don C, and Lorzeno's success with their lines and ventures. You can stop that bullsh*t lie right now...fact are facts. Don't bother even replying bruh cause you looking stupid.
Kim baby sister worth more than Ye on some Fashion influence sh*t fam.

So don't tell me how I sound.

 7 days ago '15        #52
charlieramboo2 1 heat pts
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these forbes list aint real or accurate

 7 days ago '16        #53
DougTheMerciles 
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 JuiceDigaho said
OP has the reading comprehension of a Kardashian
+2   

 7 days ago '15        #54
GrgeClrk 184 heat pts184
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 Mystic said
Kanye is a billionaire
He isn’t bro.

His brand is.

 7 days ago '07        #55
pandadays 439 heat pts439 OP
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 GrgeClrk said
He isn’t bro.

His brand is.
A brand he owns 100% of
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 7 days ago '17        #56
CELE91 
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Separate the entity from the man. The brand may be worth billions but kanye is not worth billions as his stake in the yeezy brand will determine the bulk of his networth.

 7 days ago '18        #57
hahahaaaa 
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Gae a*s groupies counting other people’s dollars after the fluffiest fluff piece of all time was written in Forbes. That might as well have been in People magazine,l.

Anyhow...He owns the brand (which no one knows what it’s worth but it’s estimated at a billion or so if someone were to buy it from Adidas). So IF someone buys it he pockets the dough. However, Adidas will never sell it if they are pocketing 85% of the royalties and the brand is doing a billion a year in sales. Sooooooo effectively his ownership means nothing right now: He can’t pocket his ownership. Once the brand is not popping, adidas still won’t sell it. It will always be under adidas. So what Kim K tells you it’s worth on kimmel doesn’t matter you Stanleys. Maybe down the road he can ask to sell part of the brand back to Adidas in exchange for some of the royalties he’s now earning but if he’s smart he won’t: he should keep that royalty stream forever. So because he’s not smart I’m sure he’ll sell at some point.

What does matter, brand aside, is he’s maybe making 50-150mm a year on the royalties. He’s paying the US and Cali about 55% of that so he’s clearing 20-60mm a year from Yeezy.
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 7 days ago '17        #58
Silkyfresh 
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With Kims money.

 7 days ago '17        #59
LostTenets 281 heat pts281
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 Sire said
do n*ggas even read the articles anymore?

last paragraph:


he isnt a billionaire yet like kylie and jay z. his company just grosses over $1 bil in sales.
 CartelFamill said
Misleaing a*s title.....Kanye aint no BILLIONAIRE .....Yeezy Brand is
 Willy Boban said
Ya tripping.

Ye married to a independent 9figure Kim.

And Jay Z is married to a independent 9figure Beyonce.

But ya act like they made that billionaire status by themselves.



Btw. Eve is married to a billionaire.

So where she at on the billionaire Forbes list?

 BrooklynDamien said
His company... Dart Parker just retweeted Kim k saying a bunch of nothing and then at the end the fake news talking about Ye went from being millions in debt to his company being worth a bill and he owns it 100 percent... Wtf does Ye own? He prolly don't even own the sneaker designs rns
 Bigboi781 said
That paragraph doesn’t make a lick of sense. If Yeezy has made a billion in sales then based off valuation, Kanye would be well worth over a billion. To put it in perspective, Snapchat still hasn’t had a billion dollar revenue year but Evan Spiegel has a billionaire for a few years now
 GodBody said
Kanye works for the company that bears his name. Let that thought sink in. He is only the Creative Director of Yeezy. Now don't get me wrong it's a huge company that anyone would love to be Creative Director of but the idea of just working at a company that bears your name and likeness without being a majority owner is crazy to me
 BathWaterMelody said
ftr..

5 percent of $1 billion = $50 million

just so we are crystal clear here.






That is exactly how net worth works


If you own a company and that company is worth 1 billion dollars then you are a billionaire. Aka if you sold it right now you're receiving somewhere near that amount.


Jeff bezos, CEO of Amazon is the richest man in the world worth several hundred billion, you know this dudes salary is 81k a year? It's how much his company is worth.

You fellas speak very confidently

 7 days ago '17        #60
LostTenets 281 heat pts281
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 pandadays said
A brand he owns 100% of
Did you read the entire first page.
+1   

 7 days ago '17        #61
GodBody 299 heat pts299
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 LostTenets said






That is exactly how net worth works


If you own a company and that company is worth 1 billion dollars then you are a billionaire. Aka if you sold it right now you're receiving somewhere near that amount.


Jeff bezos, CEO of Amazon is the richest man in the world worth several hundred billion, you know this dudes salary is 81k a year? It's how much his company is worth.

You fellas speak very confidently
Kanye doesn’t own the company. He works for them.
-1   

 7 days ago '17        #62
LostTenets 281 heat pts281
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 GodBody said
Kanye doesn’t own the company. He works for them.
Okay bring me the numbers on his ownership percentage.

 7 days ago '11        #63
bonez79 146 heat pts146
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No he's not, that nixxa is a worker just like, MJ, Jay, Dre, Puffy, 50, Oprah, etc etc. Those people will never reach billionaire status, stop reading those bogus articles fam.
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 7 days ago '05        #64
Soprano ATL 49 heat pts49
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 Mystic said
It ain't because of the shoes entirely :takrthisl:
Its definitely not the music. He hardly owns any of that because of sampling.
+1   

 7 days ago '17        #65
GodBody 299 heat pts299
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 LostTenets said
Okay bring me the numbers on his ownership percentage.
He “owns” 5%
-1   

 7 days ago '17        #66
My Back Hand 84 heat pts84
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 hustlehard365 said
Makes perfect sense Kanye doesnt own yeezy he gets a royalty. You can’t make a billion $ in royalties on a billion $ in sales
Current structure - 1 bill in sales/yr at 5% = 50 mil/yr.

Would take him 20 yrs to get there, off just speaker money...

+1   

 7 days ago '04        #67
GRITBOY 1 heat pts
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That Forbes sh*t is highly inaccurate
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 7 days ago '11        #68
Tooly Da Gawd 33 heat pts33
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kanye was begging for 5 million like 2 years ago, he aint no billionaire
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 7 days ago '15        #69
kami 51 heat pts51
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 GodBody said
Kanye works for the company that bears his name. Let that thought sink in. He is only the Creative Director of Yeezy. Now don't get me wrong it's a huge company that anyone would love to be Creative Director of but the idea of just working at a company that bears your name and likeness without being a majority owner is crazy to me
Michael jordan? Doesnt own his brand nor has a seat at the table of directors with nike.

Hes a billionaire tho unlike these weirdos they put in forbes
+2   

 7 days ago '15        #70
kami 51 heat pts51
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 GRITBOY said
That Forbes sh*t is highly inaccurate
Its marketing at this point
+1   

 7 days ago '15        #71
kami 51 heat pts51
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 CartelFamill said
No he is NOT.....n*gga only makes %5 Royalties off Shoe


So when it comes to kanye yall use critical thinking.

But will believe anything written about jayz. Yall worship that man
+2   

 7 days ago '15        #72
Philly dude 1 heat pts
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 BrooklynDamien said
His company... Dart Parker just retweeted Kim k saying a bunch of nothing and then at the end the fake news talking about Ye went from being millions in debt to his company being worth a bill and he owns it 100 percent... Wtf does Ye own? He prolly don't even own the sneaker designs rns


[pic - click to view]


 7 days ago '16        #73
foshoVoodoo 272 heat pts272
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I don't know if he a billionaire but it's a fact he a house kneega
+1   

 7 days ago '17        #74
LostTenets 281 heat pts281
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 GodBody said
He “owns” 5%
Wrong

 7 days ago '17        #75
GodBody 299 heat pts299
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 LostTenets said
Wrong
So how much does he own then?

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