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Thu, Mar

Kanye West's Net Worth Hits $6.6 billion After Years In Debt

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American rapper, record producer, fashion designer, and politician, Kanye West has become the richest black man in US history, amassing a net worth of $6.6bn (£4.7bn).

The musician-turned-entrepreneur spent years mired in debt ($53m (£38m)) before his sneaker and apparel business became bolstered by Adidas AG and Gap Inc. which now values between $3.2 billion and $4.7 billion by UBS Group AG. The new Yeezy Gap line, set to release later this summer, is expected to be worth more than $970m (£694m). The 43-year-old has an additional $1.7 billion in assets, $122 million in cash and stock, and $110 from his music career.

The father-of-four who became a certified billionaire last year - now has a commanding lead over the likes of investor and businessman Robert F Smith, basketball legend Michael Jordan and fellow rapper and friend Jay Z.

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