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Kanye West boldly shares his staggering confirmed net-worth two years after nearly going bankrupt
Home>Entertainment>Music
Updated 17:07 24 Jan 2025 GMTPublished 15:13 24 Jan 2025 GMT

Kanye West boldly shares his staggering confirmed net-worth two years after nearly going bankrupt

"I miss the old Kanye... the nearly broke Kanye"

Brenna Cooper

Brenna Cooper

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Kanye West has revealed the staggering amount he's worth - just two years after allegedly losing $2 billion (£1.6 billion) in one day.

It's fair to say the rapper - who reportedly changed his name to Ye in 2021 - has had a rollercoaster couple of years when it comes to finances.

Being the mastermind behind hits such as 'Stronger', 'Gold Digger' and 'American Boy', you'd think that Ye was set for life several times over when it came to money.

However, the rapper found himself in a sticky spot a few years ago when he came two months away from filing for bankruptcy.

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Kanye West has revealed his updated net worth (Scott Dudelson/Getty Images)
Kanye West has revealed his updated net worth (Scott Dudelson/Getty Images)

Back in 2022 the rapper embarked on a series of shocking anti-semitic rants on social media, leading to brands such as Adidas, Balenciaga and Gap ending business partnerships with him. The move meant that Ye faced huge financial losses, with the Adidas partnership - who were the former distributors of his Yeezy brand - estimated to have been worth around $1.5 billion (£1.31 billion) alone.

The rapper would then claim that he 'lost' 2 billion dollars in one day in a social media post aimed at businessman Ari Emanuel, who had previously urged brands to stop working with him.

Ye opened up further about his financial woes to TMZ last year, revealing that he was 'two months from going bankrupt' at one point.

"I'm just be honest with y'all. I was two months from going bankrupt, and I put everything I had into it [the album and the Super Bowl advert]," he told the outlet, adding that he relocated to Italy with his wife Bianca Censori during the chaos.

"We moved to Italy. We moved to the factories, and we survived. We survived through the cancellation. We're back number one."

So how are Ye's finances doing now?

Well, if the rapper's most recent Instagram post is to be believed, he's officially regained his billionaire status.

Sharing a screenshot of a valuation from US business valuation services Eton Venture, Ye revealed that his current net-worth stands at a staggering $2.77 billion (£2,22 billion).

"In 2025, Ye’s net worth stands at $2.77billion USD as confirmed by Eton Venture Services," the statement read.

The rapper shared the update on social media (Instagram/ye)
The rapper shared the update on social media (Instagram/ye)

"The valuation is based on his music portfolio and his sole ownership of the Yeezy mark."

Ye seemed more than happy with the news, captioning the post with: "LAA LA LA LA."

Looks like Ye and Censori can go back to subjecting the public to their bizarre outfits, safe in the knowledge that being cancelled doesn't matter when you've got a huge back-catalogue of music and billions of dollars to fall back on.

Featured Image Credit: Peter Kramer/NBCU Photo Bank/NBCUniversal

Topics: Money, Kanye West, Music

Brenna Cooper
Brenna Cooper

Brenna Cooper is a journalist at LADbible. She graduated from the University of Sheffield with a degree in History, followed by an NCTJ accredited masters in Journalism. She began her career as a freelance writer for Digital Spy, where she wrote about all things TV, film and showbiz. Her favourite topics to cover are music, travel and any bizarre pop culture.

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@_brencoco

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