Pop star Taylor Swift made Billboard history this week when the "Anti-Hero" singer became the first artist to notch all top 10 slots on Billboard’s Hot 100.
But Swift had another milestone: passing Kanye West in terms of net worth.
It’s hard to know exactly how much either artist is worth, but West has lost more than $1 billion of his networth following the termination of his Adidas AG (OTC:ADDYY) contract.
See Also: Goodbye, Gap. Adios, Adidas. Kanye's Billionaire Status Goes Kaput
Conversely, Swift just released her 10th studio album, "Midnights" — which features the songs "Karma" and "Midnight Rain" — has been met with instant commercial success ("Karma" currently sits in the 9 slot on Billboard’s Hot 100). Only Drake came close to capturing all the top-10 slot’s on Billboard’s list when he had nine out of 10 last September.
According to Forbes, Swift has a networth of around $570 million. Compare that to the $400 million that West is worth, according to the same outlet, and Swift has already passed the controversial artist and designer.
While most of West’s fortune comes from his success through the Yeezy shoe line in collaboration with Adidas, Swift’s money comes almost entirely from her music catalog and royalties. As a writer, or co-writer, on every single one of her songs, Swift is entitled to a higher percentage of royalties than some other artists.
Swift Vs. West
Swift and West have had an infamous relationship, starting with West interrupting Swift at the MTV VMA (Video Music Awards) in 2009.
Then, West name-dropped Swift in his 2016 song “Famous” in which he claims to have made Taylor Swift famous.
West’s claim that he made Swift famous through his VMA stunt is ironic, considering she was already accepting the award for “Best Music Video Of The Year” on a global stage when West interrupted her.
In recent weeks, West has lost one business partnership after another. Whether it was due to his making racist remarks on social media and TV, or other business dispute, here are the brands that have severed ties with the "Gold Digger" singer:
- Adidas ended a seven-year business partnership.
- TJX Companies Inc. has stopped carrying Yeezy items.
- Peloton Interactive Inc. (NASDAQ:PTON) is no longer using West’s music
- Foot Locker Inc. (NYSE:FL) is pulling Yeezys from its sales floors
- Gap Inc. (NYSE:GPS) Ye gave notice to Gap that he was terminating their contract.
- JPMorgan Chase & Co. (NYSE:JPM) is no longer providing banking services to West.
