Kanye West is ready to go public.
During his wide-ranging interview with Revolt’s “Drink Champs” podcast, the billionaire mogul shared his plans to make himself a publicly-traded entity on the stock exchange.
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“I’ma go public,” he told N.O.R.E. and DJ EFN. “I have the biggest brand on the planet with Yeezy, with DONDA… The richest man on the planet is [LVMH CEO] Bernard Arnault. His last two employees used to work for me, so we have the biggest brand.”
He touted his influence by citing his 10-year Yeezy partnership with Gap. “We moved the Gap stock about $2 billion in like an hour, when you put my name next to it,” said Ye.
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By raising a trillion dollars through an IPO, he wants to bring wealth to others. “I’ma take myself public and create a universal basic income and go public for a [trillion],” he said.
He claims that he will sell shares in himself and distribute the funds to create a “universal wealth.” “If everybody has $100,000 a year…it changes what we value,” he said.
Elsewhere during the two-and-a-half-hour conversation, Ye confirmed that he is no longer signed to Def Jam and took shots at Big Sean, Drake, and Just Blaze.