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Kanye West becomes richest black man in history with £4.7bn net worth

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Kanye West becomes richest black man in history with £4.7bn net worth
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anye West is the richest black man in US history, according to reports, with his net worth now estimated to have reached $6.6bn (£4.7bn).

Just three years ago, the music star – who also owns a fashion empire – claimed he was $53m (£38m) in debt.

But West became a certified billionaire last year – thanks in part to his brand Yeezy and a multi-year contract with retailer Gap. The ten-year contract was signed in June 2020. Forbes estimated his net worth at $1.3 billion in April 2020.

According to Bloomberg, Yeezy and its affiliated partnerships is now valued at between $3.2bn (£2.2bn) and $4.7bn (£3.4bn) it its own right.

The new Yeezy Gap line is thought to be worth more than $970m (£694m). It will be released this summer.

West is the only owner of Yeezy – so most of his net worth comes from the brand and not from his record deals or music.

Some of his fortune comes from additional assets which would include his stake in his soon-to-be ex-wife Kim Kardashian’s Skims label.

Kardashian, who has been married to West for seven years and has four children with him, was also certified a billionaire last summer.

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NBC drops Golden Globes amid row more than variety

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NBC drops Golden Globes amid row over diversity
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S tv community NBC stated it will not broadcast next year’s Golden Globes awards pursuing criticism above the Hollywood Overseas Push Association’s lack of variety.

Mission: Unattainable star Tom Cruise has returned his a few Golden Globes as he joined a rising wave of outrage in opposition to the affiliation.

Now NBC, which pays hundreds of thousands of dollars to broadcast the ceremony every yr, mentioned it would not do so in 2022. It claimed: “We continue on to consider that the HFPA is fully commited to significant reform. Even so, modify of this magnitude normally takes time and function, and we experience strongly that the HFPA wants time to do it suitable.

“As these kinds of, NBC will not air the 2022 Golden Globes. Assuming the organisation executes on its system, we are hopeful we will be in a posture to air the display in January 2023.”

The HFPA said: “Implementing transformational improvements as speedily — and as thoughtfully — as achievable remains the leading priority for our organisation.” It also established out a timeline for the modifications, including admitting new associates and a new board.

Cruise, 58, gained greatest drama actor in 1990 for Born On The Fourth Of July, then best musical or comedy actor in 1997 for Jerry Maguire. He received a supporting actor award in 2000 for Magnolia.

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