Kanye West reacts to Forbes shortchanging his net worth
- Kanye West claims that he is not worth $1.3 billion (N507 billion) but actually $3.3 billion (N1.2 trillion)
- He was upset that he was not included on the list of billionaires last year
- Forbes estimated his value based on information they had on hand
- PAY ATTENTION: Read best news on Nigeria's #1 news app
Some days ago, controversial American rapper Kanye West officially joined the billionaire club. However, the rapper slammed Forbes for not knowing how to count.
"It's not a billion," the magazine said Kanye texted them."It's $3.3 billion since no one at Forbes knows how to count."
Initially, the financial magazine had estimated Kanye's worth at around $1.3 billion (N507 billion). He clapped back saying that they were $2 billion(N780 billion) short.
Forbes countered with a new report explaining why they had not included the rapper in the list of billionaire's last year.
PAY ATTENTION: Get your daily relationship tips and advice on Africa Love Aid group
"Without sufficient documentation on his unusual stake, versus just his word and industry guesstimates, we didn't call him a billionaire," wrote journalist Zack O'Malley Greenburg.
The magazine had said that last year the rapper was not happy that he was left off the list.
"You know what you're doing," Forbes said Kanye wrote in a message. "You're toying with me and I'm not finna lye [sic] down and take it anymore in Jesus name."
Forbes has been historically reluctant to take self-evaluations at face value and rather used estimates of all of Kanye's investments and debts and arrived at their figure.
Only two people have ever questioned their net worth as reported by Forbes, Prince Alwaleed bin Talal and President Donald Trump.
At least Kanye can call himself a billionaire now and is worth $300 million (R5.74 billion) more than his sister-in-law Kylie Jenner who was labelled the "youngest-ever self-made billionaire" back in 2018.
Legit.ng had reported some days ago on Kanye officially joining the billionaire club.
Kanye who just became a billionaire is married to Kim K. Becoming a billionaire is an achievement that most don’t even dream of because it’s that big of an accomplishment.
The rapper has officially earned his billionaire badge, just another title to hype up his already inflated ego – he all about that brag life.
Kanye has now levelled up, joining the real hip-hop OG himself, Jay-Z. Looking at the success both these men have achieved, one can see just how hard it is to bag billionaire status.
PAY ATTENTION: NAIJ.com upgrades to Legit.ng: a letter from our Editor-in-Chief Bayo Olupohunda
NAIJ.com (naija.ng) -> Legit.ng We have upgraded to serve you better
Top 5 Richest Nigerian Musicians: Who Are They? | Legit TV
Source: Legit.ng