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Kanye West’s net worth surges back to $400 million

Forbes, a US business magazine that monitors the fortunes of ultra-high net worth individuals, revealed that Kanye West’s net worth has surged by $2 million within a month, from $398 million on March 23 to $400 million at the time of writing this report.

The recent bump in Kanye West’s wealth follows a dip of $2 million just twenty days ago, which compounded the $1.6 billion wealth loss he experienced last year when Adidas cut ties with his brand, Yeezy due to a series of anti-Semitic remarks he made in October 2022, sparking widespread outrage and leading to the deactivation of his social media accounts.

Following his suspension from Instagram and Twitter, West announced his intention to acquire the social networking platform Parler from its parent company, Parlement Technologies Inc, asserting that platforms such as Instagram and Twitter unduly restrict users’ free speech.

He explained that Parler, a conservative social networking platform, is a refuge for individuals who, like him, have been penalized by larger platforms, offering a space for those who have been oppressed by the “thought police” to express their opinions freely.

Despite facing recent setbacks, including a $2 million net worth decline just 20 days ago, Kanye West continues to be one of the wealthiest Black individuals not only in America but globally.

With a net worth of $400 million, which includes his real estate holdings, cash, a music catalog, and a five-percent stake in Skims, the shapewear company founded by his ex-wife Kim Kardashian, West ranks as the 2,649th richest person in the world, according to Forbes.

 

Source: billionaires.africa

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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