American rapper, Kanye West, 43 has sneaker and clothing business now supported by Adidas AG and Gap Inc, is valued between $3.2 billion and $4.7 billion.
According to Bloomberg, the music star’s collaboration with Gap is set to hit stores this summer and “could be worth as much as $970 million” of the brand’s value.
The Grammy winner raked in an additional $110 million from his extensive catalogue of music and has another $1.7 billion in other assets.
Last year, Kanye signed a 10 year agreement to design and sell apparel under the Yeezy Gap label.
He still holds total ownership and creative power within the company.
He also accrued $122 million in cash and stock.
It would be recalled that in 2020, Forbes named Kanye West one the highest paid celebrities of the year.
