Kanye West’s Skims stake hits $250 million

After Skims secured $225 million in new funding and lifted its valuation to $5 billion, rapper and entrepreneur Kanye West—now legally known as Ye—is set to benefit from the sharp rise in the company’s valuation. The value of his stake in the fast-growing shapewear brand has climbed to $250 million, giving him a fresh boost.

Skims raises valuation to $5 billion, Ye’s stake gains $50 million

Forbes pegs Ye’s net worth at $400 million, thanks to his cash reserves, real estate, music catalog, and a 5 percent stake in Skims, co-founded by his ex-wife Kim Kardashian. With the latest valuation, that stake alone now accounts for more than half of his reported wealth. It represents a $50 million gain since late 2023 when Skims was valued at $4 billion.

The $5 billion valuation followed a round led by Goldman Sachs Alternatives, with backing from funds tied to BDT & MSD Partners. Investors have continued to bet on Skims’ expansion into apparel, retail partnerships and international markets. For Ye this upswing provides a rare respite from several years of business setbacks and headline-making disputes.

Ye’s biggest loss came in 2022 when Adidas ended its partnership with him over antisemitic remarks in a move that wiped out $1.6 billion from his net worth. He reportedly walked away from a $20 million performance contract in Japan after controversy at the 2025 Grammy Awards. Still, he has continued to pursue new ventures while unwinding older ones.

Ye sells 6,713-acre Wyoming ranch

In October, Ye finalized the sale of his 6,713-acre Bighorn Mountain Ranch in Wyoming, returning the property to its former owners, Greg and Pam Flitner, for $14 million. The deal closed a five-year effort to build a creative base in the state—a project he once described as essential to his peace of mind.

He had hoped the ranch would support design labs, community programs and music workspaces. At its height, the property hosted rehearsals and planning sessions, with Ye often walking the grounds alone, scribbling ideas and meeting with teams.

The ranch never fully became what he imagined. His second Wyoming property, Monster Lake Ranch—also bought for $14 million—is still on the market for $12 million and shows the same signs of a plan undone by personal strain and shifting priorities.