Kanye West Bounces Back From $53M Debt As Yeezy Becomes A $1B Empire
It seems like Kanye West has no more begging to do over Twitter with Facebook CEO Mark Zuckerberg, this as the mogul’s sneaker brand, Yeezy, now becomes a $1 billion dollar company.
In 2016, the mogul begged Zuckerberg, to no avail over Twitter, for a $1 billion dollar investment for his “ideas,” as he was personally in debt of $53 million dollars.
Fast forward three years, and Ye’s apparel brand has helped heal his financial woes, becoming a $1B empire, per Forbes. The publication adds that over the past 12 months, he’s earned over $150 million, pretax.
Additionally, the Chicago native’s Yeezy x Adidas deal is a line that’s expected to hit $1.5 billion in sales this year.