Kanye West is ready to go public.
During his in-depth interview with Revolt’s “Drink Champs” podcast, the billionaire mogul shared his plans to become a publicly traded company on the stock exchange.
“I’m going public,” he told NORE and DJ EFN. “With Yeezy I have the biggest brand in the world, with DONDA… The richest man in the world is [LVMH CEO] Bernhard Arnault. His last two employees used to work for me, so we have the biggest brand. “
He made his influence felt by citing his 10-year Yeezy partnership with Gap. “We moved Gap stock about $ 2 billion in an hour if you put my name next to it,” Ye said.
By raising a trillion dollars through an IPO, he wants to bring prosperity to others. “I’ll go public and create a universal basic income and go public for a while [trillion],” he said.
He claims that he will sell shares in himself and redistribute the funds to create “universal wealth”. “When everyone has $ 100,000 a year, our appreciation changes,” he said.
Elsewhere during the two and a half hour conversation, Ye confirmed he was no longer under contract with Def Jam and shot Big Sean, Drake and Just Blaze.