On Wednesday, multiple outlets reported that Kanye West is the richest Black person in America, worth as much as $6.6 billion. Vista Equity’s Robert F. Smith remains the richest Black person in the U.S., worth an estimated $6 billion, while Aliko Dangote of Nigeria, worth $11.8 billion, is the richest Black person in the world. The bank made a number of assumptions based on projected future earnings, particularly for Yeezy Gap, which hasn’t even launched yet. Analysts with who we spoke agree there’s growth left in the business, and if that occurs, his net worth will continue to climb. According to a balance sheet sent over by his team, there’s also $9.3 million worth of artwork, $7.6 million worth of jewelry, $5 million worth of vehicles, $3.4 million worth of furniture and $1 million worth of livestock.

Source: Forbes March 18, 2021 16:27 UTC