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		</div><p>Kanye West is officially a billionaire, according to Forbes magazine.</p>
<p>The outlet says the rapper and fashion designer, who has long coveted the status, provided an eye-catching glimpse into his personal finances and valued his net worth at $1.3 billion.</p>
<p>That includes valuing his stake in the Yeezy sneaker line, which Forbes describes as <em>“one of the great retail stories of the century,”</em> at $1.26 billion.</p>
<p>Added to that, Forbes said the statement of assets supplied to them by West’s team lists $17 million in cash and $35 million in stocks.</p>
<p>West’s other notable assets, according to his team, are $81 million in property and $21 million in land.</p>
<p>West and his wife, the reality TV star Kim Kardashian, are known to own several properties in Los Angeles and Wyoming.</p>
<p>There is also the matter of West’s music. The 42-year-old is one of the most acclaimed and biggest-selling artists of the last 20 years.</p>
<p>In total, his GOOD Music and the rights to his back catalogue is worth at least $90 million, Forbes said.</p>
<p>However, the outlet, which stressed there was a lack of independent verification for the figures, also listed West as having debt of about $100 million.</p>
<p>That adds up to the $1.3 billion total, the magazine said, placing him above sister-in-law Kylie Jenner, who has a comparatively modest $1 billion net worth, largely from her cosmetics business.</p>
<p>Despite now being officially classed as a billionaire, West was unhappy with Forbes and claimed they had undervalued him.</p>
<p><em>“It’s not a billion,”</em> West reportedly text them. <em>“It’s 3.3 billion since no one at Forbes knows how to count.”</em></p>
<p>He had been left displeased with an article from the magazine last year, in which Forbes refused to class him as a billionaire.</p>
<p>West is said to have texted a reporter it was a <em>“disrespectful article,”</em> that was <em>“purposely snubbing me”</em>.</p>
<p>His ire was further provoked earlier this month when Forbes released its annual billionaires list, with West’s name absent.</p>
<p><em>“You know what you’re doing,”</em> West is said to have texted a Forbes journalist. <em>“You’re toying with me and I’m not finna lye down and take it anymore in Jesus name.”</em></p>
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