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Kanye West Is Officially a Billionaire – Check Out the Breakdown, According to ‘Forbes’

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Kanye West is officially a billionaire, according to Forbes .The declaration was the culmination of a years-long campaign by West to get added to the magazine’s annual Billionaires List, Forbes reported Friday. Forbes now says that the rapper and fashion designer is worth $1.3 billion, mostly because of his sole ownership of his brand Yeezy. West reportedly claims that he is worth $3.3 billion .

Bloomberg , which seemingly reviewed the same documents provided to Forbes , acknowledged that West’s accountant provided documents showing that he has more than $3 billion worth of assets, but stopped short of explicitly calling West a “billionaire.”

Bloomberg also wrote that Bank of America’s valuation of Yeezy may no longer be accurate, as it was calculated in 2019, before the coronavirus pandemic took hold in the United States. The crisis sank US apparel, accessories, and footwear sales 79% percent lower in April than they were during the same time in 2019, Bloomberg reported. Bloomberg estimates that Yeezy may be faring above average, however, as it has no retail stores and relies on Adidas for logistics.

According to Forbes , West’s $1.3 billion net worth comes from:

  • A $1.26 billion stake in athletic wear brand Yeezy, which Bank of America valued at $3 billion last year
  • $17 million in cash
  • $35 million in stocks
  • $21 million in real estate
  • $3,845,162 worth of vehicles
  • $297,050 of livestock
  • $53 million in debt, divided between West and his wife Kim Kardashian West

West publicly chastised Forbes ‘ previous estimations of his net worth during an appearance at The New York Times’ Dealbook conference in November. West said Forbes “chose to call him a centi-millionaire,” despite having “showed them receipts,” Business Insider reported at the time.

According to Forbes, West’s campaign to be added to the Billionaires List didn’t end there. Forbes editor Zack O’Malley Greenburg wrote Friday that when the magazine published the list in March without West’s name but with his 22-year-old sister-in-law Kylie Jenner featured as the world’s youngest self-made billionaire for the second year running, West texted Forbes reporters accusing them of omitting him because of his race.

“You know what you’re doing,” the hip-hop artist turned footwear mogul wrote, according to Forbes . “You’re toying with me and I’m not finna lye [sic] down and take it anymore in Jesus name.”

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Nina Ivy Reveals Her Son’s Face (Photos)

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Ex Reality Tv star Nina Ivy has revealed her son Denzel in new pictures on her Instagram page, Ekomiamiblog reports.

The 24-year-old on Thursday officially introduced Denzel to her Instagram followers.

The post reads:

“To my son, I loved you from the very start, You stole my breath, embraced my heart, I remember the first day I held you in my arms I felt a love so unreal,” Nina wrote.

“Loving you is a wonderful way to spend a lifetime, thank you for choosing me to be your mummy , you are my definition of perfect.”

In another post Nina said, “My little mr sonshine @denzelkely.”

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Alaafin attempted to kidnap me, Queen Anu confirms breakup

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Queen Anu, one of the wives of the Alaafin of Oyo Oba Lamidi Adeyemi, has confirmed that she has walked out of her marriage in order to be “free” from “bondage.”

Anu, however, noted that she is being threatened and constantly harassed by the monarch for making the decision.

See her post below:

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Oba Elegushi celebrates wife Olori Sekinat on her birthday

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Lagos monarch, the King of Ikate Elegushi Kingdom, His Royal Majesty, Alaiyeluwa, Oba Saheed Ademola Elegushi (Kusenla III), on Tuesday 10th November took to social media to gush over his wife, Olori Sekinat on her birthday.

Oba Elegushi without mincing words praised and appreciated his wife for being a wonderful wife and mother.

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