Kanye West says an Austin, TX based firm called Eton Ventures says he’s worth $2.77 billion.
He’s posted a statement from them, and released it on PRWire.
According to the post, Eton claims his value is from his music, and from owning the name Yeezy.
It’s hard to imagine this is true.
On the music side, Kanye’s catalog contains innumerable samples of other people’s songs and beats. The “songs” can’t be covered by other artists. Kanye’s lyrics aren’t adaptable to another performer.
As for Yeezy, the brand was destroyed by his antisemitic rants. Adidas fired him and sold off Yeezy products at a deep discount. Recent pictures of Kanye designed clothing look unremarkable.
So what is going on? I’ve sent an email to Eton’s Chris Walton for an explanation.
