Kanye West Misses Out On Forbes Richest Peoples List, As Jay-Z Rises
Forbes recently released its list of the richest people in the world. With music stars making the list as well as some dropping down the pecking order.
The world’s billionaires club includes music icons Rihanna, Jay-Z, and Kim Kardashian. However, Kayne West’s recent split with Adidas has resulted in his exclusion from the list.
Rihanna expanded her empire to include lingerie and beauty products with her brand Fenty, which significantly contributed to her enormous net worth.
Her business partner, luxury goods titan Bernard Arnault, surpassed Elon Musk to become the world’s richest person, aided by Rihanna’s business endeavors.
Nevertheless, Rihanna’s rank fell from 1,729th to 2,020th with a net worth of $1.4 billion, down from $1.7 billion in 2022, according to Forbes’ latest list.
Kim Kardashian’s Skims shapewear clothing line has been a profitable venture, with the company now valued at an estimated $3.2 billion.
Despite her rank falling to 2,259th on the Forbes list, her net worth remains significant, albeit reduced from $1.9 billion to $1.2 billion.
Steven Spielberg, the renowned director of Titanic, is ranked 694th with a net worth of $4 billion following the release of the Avatar sequel in the previous year.
Jay-Z is the only major star whose net worth has increased, rising to $2.5 billion from $1.4 billion and placing him at 1,217th on the Forbes list. Jay-Z is married to singer Beyoncé.
Adidas terminated its partnership with Kanye West after he made anti-Semitic remarks on social media, resulting in his net worth reducing thereby missing out on the list.