Kanye West Net Worth, Annual Salary

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Kanye Omari West

Net Worth: $80 million

Source of Wealth: music

Born: June 8, 1977 in Atlanta, Georgia

Career: 1996–present

Kanye West dropped out of college (Chicago State University) and pursed a career in music. In the late 1990′s, he produced for hip-hop stars such as Foxy Brown, Jermaine Dupri, and the group Harlem World. He also produced songs for Jay-Z’s critically acclaimed album The Blueprint (2001), which sold 420,000 copies in its first week.

In 2002, West signed a deal with Jay-Z’s label Roc-A-Fella Records. He released his first album The College Dropout in 2004,which at number two on the US Billboard 200 chart. It also won a Grammy for Best Rap Album at the 47th Grammy Awards.

His next two albums –Late Registration (2005) and m Graduation (2007)–also won Grammy awards and were massive commercial successes. In 2011, he released a collaborative album, Watch the Throne with Jay-Z. It sold 436,000 copies its first week alone.

How much money does Kanye West make?

Annual salaries:
2012: $40 million
2011: $18 million
2010: $15 million
2009: $25 million
2008: $32 million
2007: $20 million

In December 2011, West and Jay-Z flew to Dubai, United Arab Emirates and to played live at the 16th birthday party of the daughter of an Arab billionaire. They were paid a c0ol $6 million for the show.

Concert tour income

Kanye West/ Jay-Z’s “Watch The Throne” tour grossed $48.3 million over 35 U.S. shows (averaging roughly $1.4 million per show)

Other business ventures

His holding company, KW Foods LLC, obtained the franchise rights to open several Fatburger restaurants in Chicago.

West collaborated with Nike to release his own shoe, Air Yeezys. He also collaborated with Louis Vuitton and released another shoe line.

He launched a women’s fashion label called DW Kanye West.

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Posted by Admin   @   17 August 2012 0 comments


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