People were skeptical when rapper Kanye West and reality star Kim Kardashian first got together. Some even went as far as to say that Kardashian only went for the musician because she was a gold digger.
The now-married couple has since proven their critics wrong. With their three kids, West and Kardashian have built a strong family. What more, it seems like their union has also resulted in the further expansion of their combined fortunes.
And it’s all probably thanks to Kardashian’s own financial savvy.
Kim’s Simple Advice to Kanye
The couple has been married for almost five years and has three kids with another one coming this year.
In a recent interview with Vogue, the soon-to-be mother of four revealed the most important financial advice she ever gave her husband: the importance of saving. Kardashian said she’s proud of the great saving advice she’s given to her West.
However, he admitted in the same interview that he sometimes doesn’t listen to her. This is unfortunate considering Kardashian’s reputation as one of the richest celebrities in Hollywood as per Forbes data.
Having an estimated net worth of $350 million, it’s surprising people she was only with the rapper for money. West has a slightly smaller fortune of about $250 million bringing the power couple’s entire riches to a jaw-dropping $600 million.
Kardashian and West own a couple of multi-million mansions including this Hidden Hills estate worth an estimated $20 million.
While West is sometimes resistant to Kardashian’s tips, she’s making sure their money is managed right. The reality star is mostly into investing in the stock market. Fortunately, this venture was better received by her husband.
According to Kardashian, the hitmaker gifted her major stock shares in Disney, Adidas and Apple for Christmas. The surprise came after he gave Kardashian a box containing products from these companies.
Kardashian may need to do some more powerful convincing down the line but it seems like she knows a very important truth about personal finance. It’s really not about how much people make but about how much they set aside for saving and in their case, for investing too. Here’s to hoping that the couple never makes it into the list of celebrities who lived the high life too much they went broke.
Kanye’s Spending Habits
Last year, West gifted Kardashian a $14 million condo at the famed Faena House which he promptly returned afterward.
Another reason why the rapper may need to take his wife’s financial advice more seriously is because of his rather unruly spending habits.
Being uber rich, West definitely doesn’t shy away from the extravagant things life has to offer and it shows in his personal expenses. He especially loves spoiling his family and himself with expensive gifts. A great example of this is the time he spent $140,000 on flowers for his wife. There’s also that time when he blew $613,000 to get gold-plated toilets for his home and another $750,000 just for beds.
Considering all these, it West is definitely lucky to have Kardashian in his life to reign him in when he spends too much.