Other than being a rapper, Kanye West is turning towards exploring the business field. He wants to support the Black-owned businesses.

$6.6 Billion Worth Kanye West Goes Out Looking for Black-Owned Partners After Ditching the GAP Deal

When the big and famous brands get the face of a celebrity, it benefits both
entities. Along with the brands getting publicity, the star gets fame and
wealth. While Kanye West is known for his iconic music, he is also famous for
his tie-ups with different brands. Despite being a rapper, Ye is also a
strategic businessman.

https://www.youtube.com/watch?v=VGSBNnIqVUw

Celebrities invest their money majorly in something that they love. For
instance, Millie Bobby Brown
[https://netflixjunkie.com/netflix-news-i-never-spoke-again-millie-bobby-brown-once-revealed-the-reason-behind-being-quite-during-interviews/]
owns a brand of beauty products, and Noah Schnapp launched To Be Honest (TBH), a
sustainability-focused snacking company. How can we forget The Proposal star,
[https://netflixjunkie.com/netflix-news-marvel-will-make-sure-they-wont-meet-or-work-together-ryan-reynolds-and-scarlett-johanson-who-once-were-married-put-marvel-studio-in-a-tough-position/]
who is known to be one of the brilliant investors? Now, from the music
[https://netflixjunkie.com/netflix-news-kanye-west-makes-a-complete-180-on-taylor-as-his-music-falls-prey-to-unauthorised-publishing/]
industry, amongst others, Ye is expanding and exploring
[https://finance.yahoo.com/news/kanye-west-reportedly-negotiations-black-130022209.html]
his investing strategy.

ALSO READ: Is Something Cooking Between Kanye West and Yeezy GAP Sunglasses
Model Candice Swanepoel?
[https://netflixjunkie.com/netflix-news-is-something-cooking-between-kanye-west-and-yeezy-gap-sunglasses-model-candice-swanepeol/]


KANYE WEST BREAKS TIES WITH GAP FOLLOWING A BIG INVESTING STEP

Ye is not only a rapper but also a producer, rapper, fashion designer, and
entrepreneur. With a net worth
[https://netflixjunkie.com/netflix-news-kanye-west-equips-9-years-old-daughter-north-with-the-responsibility-to-keep-3-8-billion-worth-assets/]
of $6.6 Billion, Ye is one of the three richest self-made black people in US
history. He had a partnership with The GAP
[https://netflixjunkie.com/netflix-news-free-clothing-for-everyone-yeezy-owner-kanye-west-makes-big-promises-following-split-from-adidas-and-gap/]
that’s worth $1 billion. Ye owns 100% of Yeezy
[https://netflixjunkie.com/netflix-news-when-yeezy-multi-billionare-owner-kanye-west-sent-fans-whizzing-with-a-whopping-6-figure-sum-worth-gold-plated-toilets/]
and earns $150-$200 million in yearly Yeezy royalties. But the artist asked the
company to end the contract recently.

[data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==]

The rapper turned more towards business in recent years. There are speculations
about Ye searching for small businesses, especially Black-owned footwear
companies. He is searching for and exploring potential partnerships
[https://netflixjunkie.com/netflix-news-kanye-west-ends-partnership-with-a-clothing-brand-after-generating-1-billion-in-annual-sales/]
with these individual businesses to merge them with his brand of clothes and
footwear.

ALSO READ: When Kanye West Spent 3 million on His Presidential Campaigning
[https://netflixjunkie.com/netflix-news-when-kanye-west-spent-3-million-on-his-presidential-campaigning/]

Ye’s decision and actions towards these individual brands will spread awareness
amongst them and raise the stakes as well. One of these entrepreneurs said Ye
went to them because they are the vanguard of the culture. This is the last
thing that any large corporation wants what the rapper just did. If according to
these speculations about Kanye indeed negotiating with these brands, and it goes
smoothly, it will be a massive shift for West.

[data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==]

West investing and merging with these underrepresented brands will create huge
momentum for the fashion
[https://netflixjunkie.com/netflix-news-kanye-west-hugs-ex-irina-shayk-as-they-reunite-after-1-year-at-london-fashion-week/]
market. As Ye approaches merging with all the Black-owned footwear market,
influencing celebrities like Dave Chappelle, Magic Johnson, and John Carlos are
supporting this rebellious act by the star.

ALSO READ: How Kanye West Made Morgan Freeman Trend Overnight by Adding His Name
to Donda 2’s Lyrics
[https://netflixjunkie.com/netflix-news-how-kanye-west-made-morgan-freeman-trend-overnight-by-adding-his-name-to-donda-2s-lyrics/]

While various companies are being talked to for this big project, what is your
view about this step by Ye? Share your reviews with us in the comment box.

Neha Chande

Comment

$6.6 Billion Worth Kanye West Goes Out Looking for Black-Owned Partners After Ditching the GAP Deal - Netflix Junkie

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Meet Neha Chande, an entertainment writer at Netflix Junkie, who has written more than 1100 articles. With a Master's degree in English Literature, Neha believes in unbiased journalism. Before delving into her passion for writing and cinema, she taught English and communication skills as a facilitator and lecturer. Writing has been Neha's passion since childhood, and with a degree in Theatre Arts, she enjoys analyzing movies and shows of all genres. Recently, while watching My Next Guest Needs No Introduction, Neha was deeply moved by Will Smith's spiritual journey, which led to a lot of self-discovery. She has a deep appreciation for poetry, regardless of the language, and prefers to lose herself in the romantic world of books and movies rather than the chaotic reality.

https://netflixjunkie.com/netflix-news-6-6-billion-worth-kanye-west-goes-out-looking-for-black-owned-partners-after-ditching-the-gap-deal

$6.6 Billion Worth Kanye West Goes Out Looking for Black-Owned Partners After Ditching the GAP Deal - netflix-junkie

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When the big and famous brands get the face of a celebrity, it benefits both entities. Along with the brands getting publicity, the star gets fame and wealth. While Kanye West is known for his iconic music, he is also famous for his tie-ups with different brands. Despite being a rapper, Ye is also a strategic businessman.
https://www.youtube.com/watch?v=VGSBNnIqVUw
Celebrities invest their money majorly in something that they love. For instance, <a href="https://netflixjunkie.com/netflix-news-i-never-spoke-again-millie-bobby-brown-once-revealed-the-reason-behind-being-quite-during-interviews/">Millie Bobby Brown</a> owns a brand of beauty products, and Noah Schnapp launched To Be Honest (TBH), a sustainability-focused snacking company. How can we forget <a href="https://netflixjunkie.com/netflix-news-marvel-will-make-sure-they-wont-meet-or-work-together-ryan-reynolds-and-scarlett-johanson-who-once-were-married-put-marvel-studio-in-a-tough-position/">The Proposal star,</a> who is known to be one of the brilliant investors? Now, from the <a href="https://netflixjunkie.com/netflix-news-kanye-west-makes-a-complete-180-on-taylor-as-his-music-falls-prey-to-unauthorised-publishing/">music</a> industry, amongst others, Ye is expanding and <a href="https://finance.yahoo.com/news/kanye-west-reportedly-negotiations-black-130022209.html" target="_blank" rel="noopener">exploring</a> his investing strategy.
ALSO READ: <a href="https://netflixjunkie.com/netflix-news-is-something-cooking-between-kanye-west-and-yeezy-gap-sunglasses-model-candice-swanepeol/" rel="bookmark">Is Something Cooking Between Kanye West and Yeezy GAP Sunglasses Model Candice Swanepoel?</a>
<h2>Kanye West breaks ties with GAP following a big investing step</h2>
Ye is not only a rapper but also a producer, rapper, fashion designer, and entrepreneur. With a net <a href="https://netflixjunkie.com/netflix-news-kanye-west-equips-9-years-old-daughter-north-with-the-responsibility-to-keep-3-8-billion-worth-assets/">worth</a> of $6.6 Billion, Ye is one of the three richest self-made black people in US history. He had a partnership with <a href="https://netflixjunkie.com/netflix-news-free-clothing-for-everyone-yeezy-owner-kanye-west-makes-big-promises-following-split-from-adidas-and-gap/">The GAP</a> that&#8217;s worth $1 billion. Ye owns 100% of <a href="https://netflixjunkie.com/netflix-news-when-yeezy-multi-billionare-owner-kanye-west-sent-fans-whizzing-with-a-whopping-6-figure-sum-worth-gold-plated-toilets/">Yeezy</a> and earns $150-$200 million in yearly Yeezy royalties. But the artist asked the company to end the contract recently.
<img loading="lazy" class="aligncenter lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" data-src="https://www.highsnobiety.com/static-assets/thumbor/MNZWG5M3vIqvW7uYMfkn7OEILZ4=/1600x1067/www.highsnobiety.com/static-assets/wp-content/uploads/2019/10/24195954/kanye-west-billionaire-net-worth-main.jpg" alt="" width="1600" height="1067" />
The rapper turned more towards business in recent years. There are speculations about Ye searching for small businesses, especially Black-owned footwear companies. He is searching for and exploring potential <a href="https://netflixjunkie.com/netflix-news-kanye-west-ends-partnership-with-a-clothing-brand-after-generating-1-billion-in-annual-sales/">partnerships</a> with these individual businesses to merge them with his brand of clothes and footwear.
ALSO READ: <a href="https://netflixjunkie.com/netflix-news-when-kanye-west-spent-3-million-on-his-presidential-campaigning/" rel="bookmark">When Kanye West Spent 3 million on His Presidential Campaigning</a>
Ye&#8217;s decision and actions towards these individual brands will spread awareness amongst them and raise the stakes as well. One of these entrepreneurs said Ye went to them because they are the vanguard of the culture. This is the last thing that any large corporation wants what the rapper just did. If according to these speculations about Kanye indeed negotiating with these brands, and it goes smoothly, it will be a massive shift for West.
<img loading="lazy" class="aligncenter size-full wp-image-58464 lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" data-src="https://netflixjunkie.com/wp-content/uploads/2022/09/106342749-thumb_yeezy_03.jpg" alt="" width="1920" height="1080" data-sizes="auto" data-srcset="https://www.staging.netflixjunkie.com/wp-content/uploads/2022/09/106342749-thumb_yeezy_03.jpg 1920w, https://www.staging.netflixjunkie.com/wp-content/uploads/2022/09/106342749-thumb_yeezy_03-300x169.jpg 300w, https://www.staging.netflixjunkie.com/wp-content/uploads/2022/09/106342749-thumb_yeezy_03-1024x576.jpg 1024w, https://www.staging.netflixjunkie.com/wp-content/uploads/2022/09/106342749-thumb_yeezy_03-768x432.jpg 768w, https://www.staging.netflixjunkie.com/wp-content/uploads/2022/09/106342749-thumb_yeezy_03-1536x864.jpg 1536w" sizes="(max-width: 1920px) 100vw, 1920px" />
West investing and merging with these underrepresented brands will create huge momentum for <a href="https://netflixjunkie.com/netflix-news-kanye-west-hugs-ex-irina-shayk-as-they-reunite-after-1-year-at-london-fashion-week/">the fashion</a> market. As Ye approaches merging with all the Black-owned footwear market, influencing celebrities like Dave Chappelle, Magic Johnson, and John Carlos are supporting this rebellious act by the star.
ALSO READ: <a href="https://netflixjunkie.com/netflix-news-how-kanye-west-made-morgan-freeman-trend-overnight-by-adding-his-name-to-donda-2s-lyrics/">How Kanye West Made Morgan Freeman Trend Overnight by Adding His Name to Donda 2&#8217;s Lyrics</a>
While various companies are being talked to for this big project, what is your view about this step by Ye? Share your reviews with us in the comment box.

How Kanye West Made Morgan Freeman Trend Overnight by Adding His Name to Donda
2’s Lyrics

Is Something Cooking Between Kanye West and Yeezy GAP Sunglasses Model Candice
Swanepoel?

When Kanye West Spent 3 million on His Presidential Campaigning

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$6.6 Billion Worth Kanye West Goes Out Looking for Black-Owned Partners After Ditching the GAP Deal

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