Kanye West Has Gotten Out of $53 Million In Debt!

Maybe this could lift your spirits. If your debt seems to be soaring, Kayne West has worked himself out of a massive hole in just three years.

On Tuesday (July 9), Forbes unveiled their latest cover featuring Mr. West, who they estimated made $150 million over the past 12 months (his team insisted “the number is even higher”), making him the third highest-paid entertainer over the last year.

The feat is huge in its own right, but when you weigh in the fact that just three years ago Ye claimed to be in $53 million in debt, that huge.

Exactly. how did Ye he do it? Well, that’s still up for debate, but according to Forbes, Kanye’s fortune can greatly be attributed to his Yeezy brand and partnership with Adidas. “I’m just blessed through the grace of God to go from tweeting at Mark Zuckerberg” to ask for money, he said, to where he is today. (Who could forget that cringy tweet where Ye asked the Facebook founder to invest $1 billion in his “ideas?”)

Back in August, The Blast reported that Ye was just shy of joining the billionaire club, claiming that Kayne’s Yeezy brand had just reached a valuation of nearly $1.5 billion. The site cited the fact that Kanye was a majority stakeholder of the fashion label as further proof he was right at the line of being considered a billionaire.



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