Kanye West is officially a billionaire, according to Forbes magazine

breakingnews.ie:

Kanye West is officially a billionaire, according to Forbes magazine. The outlet says the rapper and fashion designer, who has long coveted the status, provided an eye-catching glimpse into his personal finances and valued his net worth at $1.3 billion.

That includes valuing his stake in the Yeezy sneaker line, which Forbes describes as “one of the great retail stories of the century,” at $1.26 billion.

Added to that, Forbes said the statement of assets supplied to them by West’s team lists $17 million in cash and $35 million in stocks.

West’s other notable assets, according to his team, are $81 million in property and $21 million in land. West and his wife, the reality TV star Kim Kardashian, are known to own several properties in Los