American rapper, Kanye West has officially been named as a billionaire by Forbes.
According to Forbes, they came to the conclusion after Kanye West’s team sent in documents to the publication, giving them an ‘authentic numeric look into Kanye, Inc.’
The rapper and fashion designer, who has long coveted the status, is said to have a net worth valued at $1.3bn (£1.05bn).
However, Forbes revealed that Kanye West was left unhappy with their research and findings, stating that he believes his net worth to be around $3.3 billion, rather than the $1.3 billion they estimated.
He wrote: “It’s not a billion. It’s 3.3 billion since no one at Forbes knows how to count.”
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This makes Kanye West the second person in the Kardashian clan to be identified as a billionaire, after sister-in-law Kylie Jenner who has been named as Forbes youngest self made billionaire for a second year in a row.
The rapper was said to be unhappy when his name was left out of the billionaire list earlier this month.
kanye West’s team provided statements that showed the rapper has $17 million in cash, $35 million in stocks, $81 million in ‘buildings and improvements’ and $21 million in land.
Adidas Yeezy, the fashion collaboration between the rapper and the German sportswear brand, has a revenue worth of around $1.3 billion – making West around $140 million from sales just last year.