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Kanye West becomes richest black man in US history with £4.7bn fortune

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

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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At least 11 persons killed in university shooting in Russia

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At least 11 people  killed in school shooting in Russia

The capturing took area at Secondary University number 175 in the Russian city of Kazan.

An eyewitness informed TASS news agency the attackers had carried out an explosion and then went on a “shooting spree”.

A further 32 men and women obtaining been wounded, a resource told TASS.

Reports say two persons opened hearth and a 19-year-old guy was detained.

Neighborhood media have determined him as Ilnaz Galieyev, a former pupil at the college.

Tatarstan President Rustam Minnikhanov instructed reporters outside the college: “The terrorist has been arrested. He’s 19. He’s a registered firearm operator.

The second attacker was killed on the fourth ground of the creating.

Authorities claimed safety experienced been restored at the college right after closely armed law enforcement and unexpected emergency cars responded to the capturing.

Distressing video clip footage shared on social media confirmed some learners leaping out of the home windows to escape the shooting.

Dilyara Samigullina who was passing by the university creating at the time of the incident, informed the company: “A number of young ones jumped out of the 3rd-floor windows at some level, presumably in an energy to escape another person who was chasing them.”

Other movies confirmed broken home windows with debris outside the house and emergency services cars parked outside the college, with people today jogging toward the developing.

Police have opened an investigation. No motive has however been recognized.

Kazan is the funds of Russia’s Tatarstan area, roughly 700 kilometres (430 miles) east of Moscow.

Faculty shootings are reasonably scarce in Russia, but authorities have been on guard considering the fact that a 2018 incident at a polytechnic university in Kerch, Crimea.

That capturing still left 20 folks lifeless, the biggest range misplaced to college violence given that the 2004 Beslan terror attack, the place 333 died.

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