How Kanye West Spent $1.3 BILLION Dollars

[Music] love him or hate him there's no question that you've heard of him from broke to billionaire Kanye West has turned his finances around in the blink of an eye morphing fifty three million dollars worth of debt into a billion dollar empire in just four short years Kanye has long been gloating about his billionaire status although until recently it was nothing but hype now in 2020 the numbers finally match and forbes has made it official so how did one of the world's most notorious hip-hop artists create and maintain such an enormous treasure chest and where does Yeezy like the Splash's cash let's find out as we edge toward three decades of the eclectic kanye dominating america's hip-hop scene we've seen every side of the musician and entrepreneur from interrupting taylor swift's award speech to donating two million dollars to the daughter of george Floyd Kanye's actions music and emotions have spanned the entire spectrum and we've been gifted front row seats the whole way through in 2019 alone thanks to sponsorships music royalties and shoe sales Kanye raked in an estimated one hundred and fifty million dollars all up the Louis Vuitton Don's net worth sits at an impressive 1.3 billion dollars which he'll be pleased to note is 300 million more than little sister Kylie apparently only seventeen million dollars of that is sitting around in cash and 35 million is in stocks with the majority of the money well we'll get to that in a sec on his own Kanye is a powerhouse team him up with reality TV's most famous face Kim Kardashian and they become one of entertainments dominate it couples with a 20 carat diamond engagement ring worth no less than 4.5 million bucks making it official in 2013 Beyonce and jay-z might disagree but arguably no dynamic duo features in as many headlines as Kimye as an ensemble their net worth stands at one point 65 billion dollars that's not too shabby a while he doesn't have a real estate license Kanye certainly knows a heck of a lot about buying and selling property why because he's done it so many darn times offloading millions on top of millions for houses mansions and apartments scattered across the country for a number of years the prized jewel of the collection was the 60 million dollar palatial mansion in hidden Hill California formerly owned by none other than Lisa Marie Presley let's take a look shall we minimalist design high ceilings a stunning pool area and floor-to-ceiling windows are just the tip of the iceberg the 15,000 667 square-foot home was initially purchased in 2014 for 20 million dollars as if the enormous estate wasn't already large enough the family reportedly expanded it by purchasing a neighboring ranch style property for two point nine seven five million dollars before moving to Hidden Hills however they were living it up in the ritzy bel-air neighborhood in this seventeen million dollar monster of a home from one coast to the other Kanye also held the deed to this stunning 2427 square-foot one-bedroom apartment in the lavish Soho neighborhood of New York its features were second to none with custom lighting and sound systems and access to a rooftop sporting unrivaled views of lower Manhattan believe it or not it could have been yours the space went up for sale for just under five million dollars oh but it doesn't stop there in September of 2019 TMZ reported that West bought the 14 million dollar monster Lake Ranch in of all places Wyoming about 75 miles east of Yellowstone National Park on top of that he also forked out for Big Horn mountain ranch adding another six thousand seven hundred and thirteen acres to his collection Bighorn sports 7 log cabins and amenities like heated helicopter pads and walk-in saunas would you expect anything less for fourteen point four hundred and ninety five million dollars as is the case with any frivolous a Lister in addition to ungodly properties expensive cars are stacked up in the garage like no tomorrow and we are not exaggerating Kanye's car collection is as diverse as his music catalog over the years we've seen easy cruising around in a Porsche Panamera a mercedes-benz SLR sterling moss one of the rarest and most coveted Mercedes models in recent history a Lamborghini Gallardo or Mercedes SLR McLaren an Aston Martin db9 a ferrari 458 italia and one of the fastest cars in existence the vighati Veyron which set him back 3.54 million dollars that's one mighty impressive car collection and yes that doesn't even take into account the plethora of expensive wheels owned by his better half despite all the high-end luxury vehicles that Kanye rotates through there is one that deserves a special mention the Dartz prom-prom red diamond edition in other words the giant luxury tank on wheels this ultra extravagant Russian SUV is the most expensive of its kind in the world setting kanye back a whopping 2.2 million dollars tank like bulletproof well you betcha this brute has gold-plated bulletproof windows bulletproof wheels and just for a touch of fancy white gold badges encrusted with diamonds and rubies talk about excessive remember when Kanye tweeted that he was 53 million dollars in personal debt and demanded that Mark Zuckerberg invest 1 billion dollars in him as the greatest artist of all time in hindsight he didn't need any sucker money he just needed a brands to throw at his millions of already existent hardcore fans enter Yeezy his very own shoe line the shoe had been around since 2009 with Nike but it wasn't until the partnership shifted to Adi das that the company really took off despite the doubters the first Kanye and Adi das collaboration sneaker the Yeezy boost 750 was a smash hit with customers selling out in just in 10 minutes in 2016 he released season 2 and from there that cash tumbled in most impressively West's still owns 100 percent of easy so for every million that he funnels into the business he reaps all of the rewards in 2019 alone Forbes estimated 1.5 billion dollars in sales while his most successful this isn't his only business venture by any means in 2004 West founded the record label and production company good music in 2012 he launched Donda a creative content company named after his mother and in August of 2008 he revealed plans to open ten Fatburger restaurants in the Chicago area although the prosperity of that idea fizzled quickly nevertheless tens of millions of dollars have gone toward these ventures we know Kanye can be divisive we know that he can put on a show and strut around like an egomaniac but at his core he has shown that he has the ability to be more than caring and it's outlined in the extensive charity work that he's done over the years in 2019 rather than splash on an extravagant gift for Kim's birthday don't worry we'll touch on those later he opted to donate 1 million dollars to the following charities then in May of 2020 Kanye made a 2 million dollar donation to support the families of George Floyd Ahmad R burry and Brianna Taylor which included a savings plan to fully cover college tuition for Gianna Floyd Georgia's six-year-old daughter while we won't dive too far into it he has also recently turns to religion which some say correlates to his change in spending habits Kanye's become known for hosting what he dubs the Sunday service an invitation-only spiritual gathering which has attracted major celebrities including Brad Pitt Dave Chappelle ASAP rocky and Katy Perry now about those notorious spending habits if we wind the clock back a little you'll see how truly extravagant his lifestyle was and when you've got that much money to play with you tend to splurge on the people that you care about Kanye has spent millions on gifts for his beloved wife Kim has been sporting a hand-painted Hermes Birkin bag which can sell for up to five hundred thousand US dollars he's also gifted her Christmas stockings stuffed with stock options a 1.4 million dollar Lorraine Schwartz choker to mark the birth of their first child a private island rental of great gwanak a in the Bahamas a $35,000 panther aid to Cartier bracelet and random luxury cars whenever he feels like it on Valentine's Day we saw a different side of Kanye as he overshadowed every hopeless romantic out there with a bill of twenty thousand dollars this vintage Cartier necklace was etched with a photo of their home and the following words that he had sent her in an old text message quote this is your life married with four kids get people out of jail cover a vogue go to church every week with your family dreams come true cheesy or cute you decide of course the younglings got spoiled to the ends of the earth as well for christmas in 2014 West reportedly spent 62 thousand dollars on a diamond-encrusted tiara and twelve thousand dollars on a toy replica of his black SUV for his firstborn daughter North get this though at 18 months old she wouldn't have even remembered it you get a gift you get a gift everyone gets a gift in the winter of 2020 Kanye led a convoy of what looked like mini Batmobiles across the city of Chicago the car is called chirps grabbed the attention of the locals and then he swooped in and offloaded free easy quantum shoes to whoever lucky enough to be there considering that Yeezys regularly sell for over $200 combined with the rental of the zombie-proof cars this was no cheap marketing stunt Kanye West doesn't always wear watches but when he does they are more expensive than most of our entire wardrobes on the rare occasion that he does glamorize his wrists Kanye has been seen wielding the very limited and unconventional Cartier crash worth upwards of a hundred grand a little more mainstream he's also been snapped with a very refined version of Rolexes classic Submariner which starts at around ten thousand dollars when you're as busy as Jesus with paparazzi forever on your trail you need a break every so often the family has taken ski trips to Aspen spend time in Tokyo mixed adventure with luxury in Punta Mita Mexico hung out on yachts in Miami chilled with the wildlife in Bali and honeymooned in Ireland all up Kanye would have easily forked out tens of millions of dollars in travel and vacation especially considering that he likes to fly in private jet luxury from time to time when you're as rich as Kanye the world is your oyster no matter where Kim Kanye and the kids find themselves feeling safe is the utmost priority and after the scare at Paris Fashion Week in October of 2016 where Kim was robbed no stone is left unturned in the name of security and protection allegedly the duo pays seven million dollars annually in private security and bodyguards what's the first thing that you'd buy if you woke up tomorrow and saw a billion dollars in your bank account let us know in the comments don't forget to like this video subscribe to the channel and as always thanks so much for checking out the richest see you next time have a great day and stay safe out there everyone

Channel: TheRichest

Views: 203,512

Rating: 4.8441195 out of 5

Keywords: kanye west, kim kardashian, jenner, celebs, billionaire, Yeezy, yeezus, Kimye, mansions, net worth, richest celebrities, rolls royce, car collection, the richest

Id: 2bem5jRgO6A

Length: 10min 22sec (622 seconds)

Published: Sat Jun 20 2020