Kanye West’s Net Worth Explored as Rapper and Kim Kardashian Divorce

Kim Kardashian and Kanye West have reached a divorce settlement almost two years after she filed for divorce.

Kardashian cited “irreconcilable differences” in her filing on February 19, 2021, after eight years of marriage. They have four children. In March this year, Kardashian and West were declared legally single and she dropped “West” from her surname.

In recent months, West, who has legally changed his name to Ye, posted on Instagram and Twitter about wanting to win Kardashian back, as well as threatening her former boyfriend Pete Davidson and criticizing the Kardashian-Jenner family.

Kanye West Kim Kardashian
Kanye West and Kim Kardashian at Paris Fashion Week on March 1, 2020. The couple have divorced after eight years of marriage.
Marc Piasecki/WireImage

The marriage is now officially over, with a settlement reached. The agreement means a trial scheduled to begin on December 14 will not go ahead.

West, 45, and Kardashian, 42, will share joint custody of their children—North, 9, Saint, 6, Chicago, 4, and Psalm, 3—and he will pay $200,000 a month to her for child support. Neither will pay spousal support, according to documents filed in Los Angeles Superior Court.

Expenses for the children’s security and school fees, including college, will be divided equally between them.

The Guardian reported that Kardashian and West would pay their own debts and oversee their own property. The pair also had a prenuptial agreement, signed before their wedding in May 2014.

The costs of the divorce may come as a blow to West, whose finances have taken a big hit in recent months.

At the end of October, Forbes revised its estimate of his net worth to $400 million—and removed him from its billionaires list.

West made his fortune from his award-winning music and ventures into fashion, especially the Yeezy brand. After a spate of controversies, however, several apparel companies have dropped West and Yeezy.

West’s deal with Adidas accounted for a reported $1.5 billion of his net worth but the sportswear giant cut ties with him on October 25 after he posted antisemitic rants on social media and wore a White Lives Matter T-shirt at Paris Fashion Week.

Adidas was behind the production, marketing and distribution of Yeezy footwear.

In a statement, it said: “Adidas does not tolerate antisemitism and any other sort of hate speech. Ye’s recent comments and actions have been unacceptable, hateful, and dangerous, and they violate the company’s values of diversity and inclusion, mutual respect and fairness.”

Other companies that have severed ties with West include Balenciaga and Gap, as well as CAA, JP Morgan Case, Peloton and Foot Locker.

Gap said: “Antisemitism, racism and hate in any form are inexcusable and not tolerated in accordance with our values.”

On October 27, when West returned to Instagram after a ban, he told his 18 million followers he had lost “2 billion dollars in one day.”

According to Forbes, his new net worth of $400 million comes from real estate, cash, his music career and a 5 percent stake in Kardashian’s shapewear brand Skims.

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