Forbes dismissed claims that Kanye West is the richest black man in American history, with his companies estimated at $6.6 billion. Kanye West was reportedly worth $6.6 billion, according to several media sources, after Bloomberg revealed that his sneaker brand Yeezy and Yeezy Gap had a net valuation of up to $4.7 billion.
“It’s not true, based on our calculations. Forbes estimates he’s worth less than a third of that, or $1.8 billion. That’s a big jump from last May when Forbes first pegged his net worth to be $1.3 billion, but nowhere near as much as the purported $6.6 billion,” Forbes said.
“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.”
Here’s how everyone is reacting to Forbes’ claim: