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American rapper and founder of Good Music, Kanye West has now been named by Forbes as the highest-paid musician in the world.

Kanye West is worth $1.3 billion, according to Forbes. His behemoth sneaker brand, Yeezy, a contract with Adidas, made the same seven-figured number in sales in 2019.

On Thursday, Forbes made the announcement in the 2020 edition of its annual Celebrity 100 list.

1. Kanye $170M
2. Elton John $81M
3. Ariana Grande $72M
4. Jonas Brothers $68.5M
5. Chainsmokers $68M
6. Ed Sheeran $64M
7. Taylor Swift $60M
8. Post Malone $59M
9. Rolling Stones $59M
10. Marshmello 56M

Also, his Yeezy apparel line and music added to his billionaire status.

In 2004, Kanye founded Good Music, and in June 2011, he had signed onboard a Nigerian hip hop artist, Dapo Adebanjo popularly known as Dbanj.

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