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Kanye West's Net Worth Proves Separating From The Kardashians Was Not His Best Move

Highlights

  • Kanye West's net worth plummeted from over $1 billion to just $400 million in three years, in part due to the loss of partnerships with manufacturers like Adidas and Gap.
  • Despite his divorce from Kim Kardashian, Kanye West's decline in wealth was not without delay tied to their separation, however reasonably his controversial conduct and mental well being issues in 2022.
  • Kanye West's current net worth is primarily derived from his music catalog, cash and liquid investments, and a 5% stake in Kim Kardashian's company, Skims.

Kanye West in spite of everything made Forbes' "Billionaire List" in April 2020, however Ye's net worth has taken quite successful since Kim Kardashian filed for divorce from West in early 2021. In an unfortunate turn of occasions, Kanye West's net worth went from over $1 billion to just $400 million in the span of three years.

While Kanye West's wealth decline wasn't immediately tied to his Kim Kardashian divorce, as the couple did have a prenup in position, it's clear, that separating himself from the Kardashian empire most probably wasn't a just right financial decision. In the following, we check out what Kanye West's net worth was when Kimye was still a thing and what kind of Kim Kardashian and Kanye West's divorce charge the couple. We also reveal what happened to Kanye West's net worth to make it drop so dramatically in a short time frame.

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What Happened To Kanye West's Net Worth?

While Kanye West's divorce and separation from the entire Kardashian circle of relatives didn't immediately harm his net worth, following his cut up from Kim Kardashian, Kanye West's conduct grew increasingly more debatable and outspoken. 2022 became a year of many "wild moments" for Ye, and his psychological well being was the matter of many headlines.

In October 2022, after a chain of antisemitic remarks made via the rapper, Adidas made the determination to finish its partnership with Yeezy and Kanye West. The corporate launched a remark after cutting ties with Ye.

“Ye’s recent feedback and actions have been unacceptable, hateful and dangerous, and they violate the corporate’s values of variety and inclusion, mutual recognize and fairness."

The loss of his Adidas partnership cost West an estimated $1.5 billion, according to Forbes, which swiftly knocked the DONDA artist off the "Billionaires List."

Adidas wasn't the only brand to drop Kanye West after his increasing erratic behavior and antisemitic comments.

Gap removed Yeezy Gap from their stores with the statement, "Our former partner’s fresh remarks and behaviour further underscore why we're taking instant steps to take away Yeezy Gap product from our stores." Other companies included Balenciaga, JP Morgan Chase, MRC, and Foot Locker.

Brands/Companies That Dropped Kanye West In 2022

  • Adidas
  • Gap
  • Balenciaga
  • JP Morgan Chase
  • MRC
  • CAA
  • Foot Locker
  • TJ Maxx, Home Goods and Marshalls
  • Christie's
  • Peloton
  • Madame Tussauds London
  • His legal representation
  • The RealReal

Following the giant drop in Kanye West's net worth, several fans even began GoFundMe pages dedicated toward helping the rapper become a billionaire again, but those were quickly removed from the sites.

Those with an understanding of Kanye's finances explained that at the end of October 2022, four out of his five sources of income had been either severely compromised or completely shut down. Without his collaborations and partnerships, Kanye West is left with his music catalog, his cash and liquid investments, and his 5% stake in Kim Kardashian's shapewear company, Skims, all making up his current net worth of $400 million.

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Kanye West's Net Worth Before Kim Kardashian Divorce

Toward the end of Kanye West and Kim Kardashian's marriage, the couple's combined assets were estimated to be $2.1 billion. According to Forbes, before their divorce, Kanye West's net worth was actually higher than Kardashian's at $1.3 billion, while Kim Kardashian's net worth in 2021 was $780 million.

Kanye West worked really hard to gain his "Billionaire" status, and in 2020, he finally made it. Owning 100% stake in his super successful company Yeezy, helped push the DONDA rapper into the billionaire club, with help from his huge partnership with Adidas that began in 2013. In 2021, West was worth an estimated $1.8 billion and in 2022, it's believed he was worth over $2 billion.

But as we know, Ye was a musician long before he was a fashion designer and some of his wealth comes from his music earnings. Kanye West has become one of the top-selling recording artists of all time, according to Highsnobiety, and his imprint on the music industry has been legendary. West's music catalog is estimated to be worth $90 million, and, in 2019, Forbes placed Kanye West as the highest-paid rapper that year, with an estimated $150 million salary per year.

Before separating from the Kardashians, Kanye West's income and net worth had been on an upward development.

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How Much Kanye West's Divorce From Kim Kardashian Cost

Kim Kardashian and Kanye West were together for eight years, married for six, before they split. After filing for divorce from the rapper in January 2021, Kim's relationship with Kanye became a roller coaster full of ups and downs, co-parenting struggles and public accusations.

"I very much need to be divorced. I have asked Kanye to keep our divorce private, but he has not done so. Kanye has been hanging a lot of misinformation relating to our personal circle of relatives matters and co-parenting on social media which has created emotional distress," Kim expressed in a statement to the court, according to Rolling Stone. "I believe that the courtroom terminating our marital standing will help Kanye to accept that our marital courting is over and to move forward on a better trail which is able to help us in peacefully co-parenting our kids."

Fortunately, the couple did have a prenup in place, so distribution of finances and property was not an issue in the divorce, and both Kim and Kanye waved spousal support.

Kanye West does pay a large amount of child support to Kim Kardashian each month, though. According to The New York Post, the divorce settlement, which was finalized in November 2022, reads that Kanye West is expected to pay Kim Kardashian $200,000 a month in child support, because the children will spend the majority of their time with Kardashian. The couple, who share joint custody of their four children, equally divide other expenses involving their children, including private security, schooling and college.

Kanye West And Kim Kardashian's Kids

Name

Birthday

Age as of January 2024

North West

June 15, 2013

10 years previous

Saint West

December 5, 2015

Eight years outdated

Chicago West

January 15, 2018

6 years outdated

Psalm West

May 9, 2019

4 years old

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Zora Stowers

Update: 2024-05-15