"YEEZY, the apparel collection Kanye West founded as part of his Adidas deal, is now valued at $1.5 billion. Thus, as the majority stakeholder, West is almost close to or already has crossed the billion-dollar threshold himself—especially when coupled with the success of his music career."
-- Sometimes you have to look reality in the face and say 'No!' -Ben (Reaper)
1. "Their sources actually says he's "right at the line of being considered...." In response to Reply # 0
a billionaire" due to being a "majority stake holder in all things Yeezy" but it still sounds questionable to me. These "sources close to Kanye" aren't even named or verified.
2. "i see this rumor circulating and its false af." In response to Reply # 0 Sat Aug-04-18 11:15 AM by Reeq
this is all based on some mystery valuation of his company supposedly received from who knows who.
adidas itself is 'only' around $15 bil with global sales of sneakers, basketball jerseys, soccer jerseys, etc. yeezy being worth almost 10% of that based on some boutique sneaker collaboration? cmon.
a few months ago kanye said yeezy would hit a billion dollars this year because it is the 2nd fastest growing company in history lol. that would put it over companies like facebook, groupon, etc.
ye was just complaining about louis vuitton not throwing him a $30 million apparel deal lol.
jordan didnt even become a billionaire until 2015 and he had a much more favorable deal for jordan brand, a much larger percentage of the sneaker/apparel market share, and a bigger head start due to nba career earnings (salary + endorsements).
i think forbes has kanyes net worth right around $200 mil or so and thats prolly right where he is.
The valuation of YEEZY imprint does not mean Ye is a billionaire.
This is (or should be) basic intro to accounting stUff
“Americans are idiots” comments aren’t just for trump threads
>this is all based on some mystery valuation of his company >supposedly received from who knows who. > >adidas itself is 'only' around $15 bil with global sales of >sneakers, basketball jerseys, soccer jerseys, etc. yeezy >being worth almost 10% of that based on some boutique sneaker >collaboration? cmon. > >a few months ago kanye said yeezy would hit a billion dollars >this year because it is the 2nd fastest growing company in >history lol. that would put it over companies like facebook, >groupon, etc. > >ye was just complaining about louis vuitton not throwing him a >$30 million apparel deal lol. > >jordan didnt even become a billionaire until 2015 and he had a >much more favorable deal for jordan brand, a much larger >percentage of the sneaker/apparel market share, and auu bigger >head start due to nba career earnings (salary + >endorsements). > >i think forbes has kanyes net worth right around $200 mil or >so and thats prolly right where he is. > > >
legsdiamond Member since May 05th 2011 79586 posts
Sat Aug-04-18 02:06 PM
6. "Jordan’s divorce had something g to do with how long it took " In response to Reply # 2
to hit a billion.
**************** TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*
"I cannot see how nature could have created itself. Only a supernatural force that is outside of space and time could have done that. ~ Francis Collins
"I cannot see how nature could have created itself. Only a supernatural force that is outside of space and time could have done that. ~ Francis Collins
legsdiamond Member since May 05th 2011 79586 posts
Mon Aug-06-18 12:18 PM
20. "Niggas celebrated when Ye said he was broke" In response to Reply # 17
has all types of facts and figures why it was true...
but after these claims from folks need allllll the numbers.
I know his bullshit makes people angry but cmon, y’all see how people buy out his shoes with the quickness.
**************** TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*
legsdiamond Member since May 05th 2011 79586 posts
Mon Aug-06-18 03:19 PM
29. "It’s an evaluation tho" In response to Reply # 26
I’m sure his evaluation, if legit, is partially due to the Kardashian brand connection.
**************** TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*
>And if you look at the source of this report, it's basically >Kanye (or people close to Kanye) who is saying he now a >billionaire. > >Yall can say it's hating to question the truthfulness of this >story. That's okay. I question yall's critical reading >skills so everyone is good. > >********** >"Everyone has a plan until you punch them in the face. Then >they don't have a plan anymore." (c) Mike Tyson > >"what's a leader if he isn't reluctant"
27. "1. I don't think Kylie is a billionaire (neither does Forbes BTW). " In response to Reply # 21
2. We do know that she is 100% owner of her company and that she sold estimated $330 million in cosmetics in 2017. So there is more info to go on but whatever.
Listen I think that Forbes billionaire list fudges and guesstimates a lot on doing their billionaire ranking but they do at least have a methodology for their valuations and it's an outsider third party doing the valuation.
If you want to believe the dude who was just begging Zuckerberg for money is a billionaire because HE says he is, that's okay. Do that.
********** "Everyone has a plan until you punch them in the face. Then they don't have a plan anymore." (c) Mike Tyson
legsdiamond Member since May 05th 2011 79586 posts
Mon Aug-06-18 01:30 PM
24. "His Ye hate grows daily " In response to Reply # 23
**************** TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*
legsdiamond Member since May 05th 2011 79586 posts
Mon Aug-06-18 03:21 PM
31. "I wouldn’t use the word cape. He lost me with that Trump shit" In response to Reply # 28 Mon Aug-06-18 03:33 PM by legsdiamond
but dude is still a rapper/producer and I don’t put high expectations on him.
**************** TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*
42. "Huh?" In response to Reply # 40 Mon Aug-06-18 07:30 PM by Buddy_Gilapagos
My point is I think it's fair to compare this woman to Kylie because they both are behind cosmetic empires. Yeah knowing her stake is key to knowing how much she is really worth, but then again I am skeptical to what it means that Kylie owns 100% of her company.
********** "Everyone has a plan until you punch them in the face. Then they don't have a plan anymore." (c) Mike Tyson
"I cannot see how nature could have created itself. Only a supernatural force that is outside of space and time could have done that. ~ Francis Collins
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