Kanye Disputes Forbes 1.3 Billion Valuation Believes He Is Worth 3.3 Billion
Kanye Disputes Forbes 1.3 Billion Valuation Believes He Is Worth 3.3 Billion! he went on to say “ no one at Forbes knows how to count.” a sentiment highly attested by the Bank of America which valued the sneaker side of the business alone at as much as $3 billion last year, according to a document reviewed by Bloomberg.
Forbes on the other hand has been adamant that this was exaggerated in a quote that read “West’s aggressive $3 billion self-appraisal is clearly based on the idea that the business is infinitely portable. It’s not. Taking Yeezy away from Adidas seems almost prohibitively cumbersome, if not contractually impossible. A safer way to value it: as a royalty stream, like music publishing or film residuals.”
The publication even went on further to draw a contrast between Kanye and his friend Donald Trump who also has been cited everywhere for having a huge appetite for amplifying numbers.
The big question here is who to believe Forbes or The Bank of America ? Forbes is clearly sticking to it’s “Trump rule “ of “taking whatever the future president insisted he was worth, divide by 3, and start honing from there”