- Kanye West claims that he is not worth $1.3 billion (R24.75 billion) but actually $3.3 billion (R62 billion)
- 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
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Yesterday, Briefly.co.za reported that Kanye West had 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 (R24.75 billion). He clapped back saying that they were $2 billion (R38 billion) short according to TooFab.
Forbes countered with a new report explaining why they had not included the rapper in the list of billionaire's last year.
"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.
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"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 nett 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.
Briefly.co.za had reported yesterday on Kanye officially joining the billionaire club.
Kanye West has just become a billionaire and we don’t even have to explain why the man is next-level lit and he’s married to Kim K. Becoming a billionaire an achievement that most don’t even dream of because it’s that big of an accomplishment.
Kanye 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.
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