Forbes, an American business magazine has denied reports that Kanye West is the richest person in the United States of America.
After West’s businesses were valued at $6.6 billion, there were claims that by that feat, he became the richest black person in the USA.
But Forbes stated that the American rapper is not the richest black person in America as speculated. It added that the latest figures were an attempt by West to inflate his net worth.
“It’s not true, based on our calculations. Forbes estimates he’s worth less than a third of that, or $1.8 billion. That’s a big jump from last May when Forbes first pegged his net worth to be $1.3 billion, but nowhere near as much as the purported $6.6 billion,” Forbes said.
“Vista Equity’s Robert F. Smith remains the richest black person in the U.S., worth an estimated $6 billion, while Aliko Dangote of Nigeria, worth $11.8 billion, is the richest black person in the world.”