{"id":39405,"date":"2021-03-19T17:52:02","date_gmt":"2021-03-19T17:52:02","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/?p=39405"},"modified":"2021-03-19T17:48:25","modified_gmt":"2021-03-19T17:48:25","slug":"kanye-west-not-richest-black-american-forbes","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/all-news\/kanye-west-not-richest-black-american-forbes","title":{"rendered":"Kanye West not richest black American \u2014 Forbes"},"content":{"rendered":"

Africa-Press<\/a> – Nigeria<\/a>. <\/strong><\/span>Global media company and American business magazine, Forbes, has frowned at reports that American rapper, Kanye West is the richest black American.<\/p>\n

Forbes that focuses majorly on listing and ranking in areas like business, investment, technology, entrepreneurship, leadership and marketing, disclosed this in a tweet via its official Twitter account @forbes on Friday.<\/p>\n

It wrote, \u201cNo, Kanye West is not the richest black American. On Wednesday, multiple outlets reported that Kanye West is the richest black person in America, worth as much as 6.6 billion dollars.\u2019\u2019<\/p>\n

\u201dThe news comes after Bloomberg reported that his sneaker brand, Yeezy, as well as Yeezy Gap, which had yet to sell one stitch of clothing, have a combined value of as much as 4.7 billion dollars.<\/p>\n

\u201cThe publication mentioned without going into full details an additional 1.7 billion dollars in assets, and it is not true, based on our calculations.<\/p>\n

\u201cForbes estimates he is worth less than a third of that, or 1.8 billion dollars. That\u2019s a big jump from last May when Forbes first pegged his net worth to be 1.3 billion dollars, but nowhere near as much as the purported 6.6 billion dollars,\u2019\u2019 Forbes said.<\/p>\n

The magazine noted that Vista Equity\u2019s boss, Robert F. Smith remains the richest black person in the U.S. with an estimated worth of 6 billion dollars.<\/p>\n

It also said that Aliko Dangote of Nigeria, with 11.8 billion dollars\u2019 worth, was the richest black person in the world.<\/p>\n

\u201cThe sky-high estimate is the latest of West\u2019s attempts to inflate his net worth in the past, he said that \u2018Forbes was purposely snubbing me.\u201d
\n\u201cIn actuality, it is nothing personal. The Bloomberg story cites a UBS report on his businesses, the same document Forbes saw earlier this month.<\/p>\n

\u201cThe bank made a number of assumptions based on projected future earnings, particularly for Yeezy Gap, which hasn\u2019t even been inaugurated yet.<\/p>\n

\u201cBank documents like this are well-known for painting best-possible-scenario future valuations.\u2019\u2019<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. Global media company and American business magazine, Forbes, has frowned at reports that American rapper, Kanye West is the richest black American. Forbes that focuses majorly on listing and ranking in areas like business, investment, technology, entrepreneurship, leadership and marketing, disclosed this in a tweet via its official Twitter account @forbes on […]<\/p>\n","protected":false},"author":84,"featured_media":39404,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,28,31,26],"tags":[1570,2140,3494,3496,254,3495],"class_list":["post-39405","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-homepage-english","category-miscellaneous","category-twitter","tag-africa-press","tag-africa-press-nigeria-2","tag-forbes","tag-kanye-west","tag-nigeria","tag-richest-black-american"],"yoast_head":"\nKanye West not richest black American \u2014 Forbes - Nigeria<\/title>\n<meta name=\"description\" content=\"Global media company and American business magazine, Forbes, has frowned at reports that American rapper, Kanye West is ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/all-news\/kanye-west-not-richest-black-american-forbes\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kanye West not richest black American \u2014 Forbes\" \/>\n<meta property=\"og:description\" content=\"Global media company and American business magazine, Forbes, has frowned at reports that American rapper, Kanye West is ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/all-news\/kanye-west-not-richest-black-american-forbes\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-19T17:52:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/03\/img-6054e3ba83bd1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"794\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/kanye-west-not-richest-black-american-forbes#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/kanye-west-not-richest-black-american-forbes\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Kanye West not richest black American \u2014 Forbes\",\"datePublished\":\"2021-03-19T17:52:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/kanye-west-not-richest-black-american-forbes\"},\"wordCount\":329,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/kanye-west-not-richest-black-american-forbes#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/03\/img-6054e3ba83bd1.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"forbes\",\"Kanye West\",\"Nigeria\",\"richest black American\"],\"articleSection\":[\"all news\",\"homepage-english\",\"Miscellaneous\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/all-news\/kanye-west-not-richest-black-american-forbes#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/kanye-west-not-richest-black-american-forbes\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/kanye-west-not-richest-black-american-forbes\",\"name\":\"Kanye West not richest black American \u2014 Forbes - 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