finally made ' "Billionaire List" in April 2020, but Ye's net worth has taken quite a hit since Kim Kardashian filed for divorce from West in early 2021. In an unfortunate turn of events, in the span of three years.
While Kanye West's wealth decline wasn't directly tied to his divorce, as the couple did have a prenup in place, it is clear, that separating himself from the Kardashian empire likely wasn't a good financial decision. In the following, we take a look at what Kanye West's net worth was when Kimye was still a thing and how much Kim Kardashian and Kanye West's divorce cost the couple. We also reveal what happened to Kanye West's net worth to make it drop so dramatically in a short period of time.
While Kanye West's divorce and separation from the entire Kardashian family didn't directly hurt his net worth, following his split from Kim Kardashian, Kanye West's behavior grew increasingly controversial and outspoken. , and his mental health became the topic of many headlines.
In October 2022, after a series of antisemitic remarks made by the rapper, Adidas made the decision to end its partnership with Yeezy and Kanye West. The company released a statement after cutting ties with Ye.
“Ye’s recent comments and actions have been unacceptable, hateful and dangerous, and they violate the company’s values of diversity and inclusion, mutual respect and fairness."
The , according to which swiftly knocked the artist off the "Billionaires List."
after his increasing erratic behavior and antisemitic comments.
Gap removed Yeezy Gap from their stores with the statement, "Our former partner’s recent remarks and behavior further underscore why we are taking immediate steps to remove Yeezy Gap product from our stores."
Brands/Companies That Dropped Kanye West In 2022
Adidas Gap Balenciaga JP Morgan Chase MRC CAA Foot Locker TJ Maxx, Home Goods and Marshalls Christie's Peloton Madame Tussauds London His legal representation The RealRealFollowing the giant drop in Kanye West's net worth, dedicated toward helping the rapper become a billionaire again, but those were quickly removed from the sites.
Those with an understanding of Kanye's finances explained that at the end of October 2022, . Without his collaborations and partnerships, Kanye West is left with his music catalog, his cash and liquid investments, and his 5% stake in Kim Kardashian's shapewear company, Skims, all making up his current net worth of $400 million.
Toward the end of Kanye West and Kim Kardashian's marriage, the couple's combined assets were estimated to be $2.1 billion. According to , before their divorce, at $1.3 billion, while Kim Kardashian's net worth in 2021 was $780 million.
and in 2020, he finally made it. Owning 100% stake in his super successful company Yeezy, helped push the rapper into the billionaire club, with help from his huge partnership with Adidas that began in 2013.
In 2021, West was worth an estimated $1.8 billion and in 2022, it's believed he was worth over $2 billion.
But as we know, Ye was a musician long before he was a fashion designer and some of his wealth comes from his music earnings. of all time, according to and his imprint on the music industry has been legendary. West's music catalog is estimated to be worth $90 million, and, in 2019, placed Kanye West as the highest-paid rapper that year, with an estimated $150 million salary per year.
Before separating from the Kardashians, Kanye West's income and net worth were on an upward trend.
Kim Kardashian and Kanye West were together for eight years, married for six, before they split. After filing for divorce from the rapper in January 2021, Kim's relationship with Kanye became a roller coaster full of ups and downs, co-parenting struggles and public accusations.
"I very much desire to be divorced. Kanye has been putting a lot of misinformation regarding our private family matters and co-parenting on social media which has created emotional distress," Kim expressed in a statement to the court, according to . "I believe that the court terminating our marital status will help Kanye to accept that our marital relationship is over and to move forward on a better path which will assist us in peacefully co-parenting our children.
"
Fortunately, , so distribution of finances and property was not an issue in the divorce, and both Kim and Kanye waved spousal support.
Kanye West does pay a large amount of child support to Kim Kardashian each month, though. According to , the divorce settlement, which was finalized in November 2022, reads that because the children will spend the majority of their time with Kardashian. The couple, who share joint custody of their four children, equally divide other expenses involving their children, including private security, schooling and college.