Kanye West may be the next billionaire on the block, thanks to Yeezy
West is the majority stakeholder at Yeezy, which has had collaborations with Adidas.
Agencies
LOS ANGELES: American rapper Kanye West is reportedly closing in on reaching the billionaire status, owing to the success of his fashion brand Yeezy.
West is the majority stakeholder at Yeezy, which has had collaborations with Adidas, and was recently valued at 1.5 billion dollars, reported Fox News.
His wife Kim Kardashian hinted towards the same when asked if she was close to being a billionaire on the 'Jimmy Kimmel Show' last month.
"I would say my husband is one, so that makes me one, right? Close. Close, by proximity," she said on the show.
Earlier in April, West tweeted about the success of Yeezy, saying it would soon go from being a unicorn, a company that is valued at 1 billion dollars, to a decacorn, a company valued at 10 billion dollars.
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"We have 160 positions to fill by the end of the year. Yeezy will hit a billion dollars this year. It is the 2nd fastest growing company in history. It is a unicorn on its way to becoming a decacorn," West tweeted.
We have 160 positions to fill by the end of the year. Yeezy will hit a billion dollars this year. It is the 2nd fastest growing company in history. It is a unicorn on its way to becoming a decacorn.
Seems like Kylie Jenner is not the only billionaire-to-be in the family.
From Bernie Ecclestone to Richard Branson: Billionaires who own outrageous properties
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British business magnate and owner of Formula One, Bernie Ecclestone, purchased a mountain in Switzerland’s Gstaad “just because he liked it”. While it’s unclear how much Ecclestone paid for the mountain, he’s not the only one to own such outrageous properties.
British business magnate and owner of Formula One, Bernie Ecclestone, purchased a mountain in Switzerland’s Gstaad “just because he liked it”. While it’s unclear how much Ecclestone paid for the m..
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Pineapple paradise island, Hawaii
$300 million
The Oracle co-founder, in 2012, bought a 97 per cent stake in the Hawaiian island of Lanai. The estimated cost of the purchase was around $300 million. The billionaire even bought local restaurants, shops and two luxury hotels on the island. As a part of the purchase, Ellison also owns two golf courses, a community swimming pool, a water company and a cemetery. The prospects of having an undisturbed patch of land all to himself is what drew Ellison to buy the property.
Pineapple paradise island, Hawaii
$300 million
The Oracle co-founder, in 2012, bought a 97 per cent stake in the Hawaiian island of Lanai. The..
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Beach haven, Musha Cay
$50 million
The world-famous magician and illusionist spent $50 million to buy this slice of heaven in southern Bahamas in 2006. This purchase set off a chain reaction, with the magician now owning around 11 islands in the area – now called Copperfield Bay. The island features a mansion owned by the 61-year-old, along with five-star luxury resorts. The virgin beaches and crystal- clear waters drew the millionaire to the islands.
Beach haven, Musha Cay
$50 million
The world-famous magician and illusionist spent $50 million to buy this slice of heaven in southern Bahamas..
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Kingdom of North Dumpling
$2.5 million
The Segway inventor bought the North Dumpling Island in New York State in 1986 and calls himself ‘Lord Dumpling’. The 66-year-old businessman has drafted a constitution, flag, currency and national anthem for North Dumpling. The two-acre stretch of land cost Kamen around $2.5 million when he purchased it.
Kingdom of North Dumpling
$2.5 million
The Segway inventor bought the North Dumpling Island in New York State in 1986 and calls himself ‘Lord ..
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Necker Island
$293 million
Back in 1979, the British business magnate had just launched the Virgin Group and to put himself on the map, purchased the British Virgin Islands for close to $293 million. On the island, Branson built a private resort where he entertains his rich friends, most famously Barack Obama. Branson said the view of the island from the top of a hill nearby tempted him to put his money on it.
Necker Island
$293 million
Back in 1979, the British business magnate had just launched the Virgin Group and to put himself on the map, purcha..
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Skorpios Island, Greece
$190 million
Russian billionaire Dmitry Rybolovlev’s daughter bought the Greek island in 2013 for close to $190 million. For the 27-yearold businesswoman, the island was a long-term financial investment acquisition. Skorpios has 200 varieties of imported trees which form its thick vegetation. There are also sandy beaches around. The island was the venue for the wedding of previous owner and billionaire Aristotle Onassis and Jacqueline Kennedy.
Skorpios Island, Greece
$190 million
Russian billionaire Dmitry Rybolovlev’s daughter bought the Greek island in 2013 for close to $190 millio..