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Entertainment Kanye West documentary sells to Netflix for $30M

04:50  07 april  2021
04:50  07 april  2021 Source:   dailymail.co.uk

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Kanye West smiling for the camera: MailOnline logo © Provided by Daily Mail MailOnline logo

He's worth a reported $6.6 billion and is going through a high profile divorce from Kim Kardashian.

And now Kanye West is telling his story on his own terms in a new documentary said to have been 21 years in the making.

On Tuesday, Billboard.com reported that Netflix has spent upwards of $30 million to acquire the feature being put together by Ye collaborators Clarence 'Coodie' Simmons and Chike Ozah.

Kanye West wearing a suit and tie smiling at the camera: A documentary detailing the life of Kanye West from the late 1990s onwards has been acquired by Netflix for upwards of $30 million, Billboard,com reported on Tuesday © Provided by Daily Mail A documentary detailing the life of Kanye West from the late 1990s onwards has been acquired by Netflix for upwards of $30 million, Billboard,com reported on Tuesday

According to Billboard, Simmons has been filming Kanye since the late 1990s.

Lara Worthington dons Kanye West's Yeezy streetwear in Bondi

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The never-before-seen footage includes the early years of the rapper's career in Chicago, the death of his mother Donda West, his foray into the fashion industry and his 2020 presidential run.

It's not known if it will also include details of his highly-publicized mental health breakdown in 2016 that led him to be hospitalized in Los Angeles.

Simmons and Ozah worked with Kanye on his Through The Wire video released in 2003 and on the third version of Jesus Walks.

A source told Billboard that the Life Of Pablo artist has given the duo his blessing for the project which the pair will produce in conjunction with TIME Studios.

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Will Smith wearing a suit and tie smiling and looking at the camera: Some celebrity investors are making a fortune from their business interests, which range from tech start-ups to big-name companies. But not every star investor has the Midas touch. Click or scroll through to see the showbiz world's most successful investors, the famous people who have had mixed success in the investing game, and some of the worst celebrity investing fails of all time. All dollar amounts in US dollars.

The as-yet untitled documentary is slated to stream on Netflix later this year.

Meanwhile, West's former bodyguard Steve Stanulis is also said to be shopping around a documentary about the rapper and is reportedly 'still in discussions with multiple platforms.'

Last month, Bloomberg calculated 43-year-old Kanye's wealth as about $6.6 billion, based primarily on his hugely successful Yeezy brand that's reputed to be worth between $3.2 billion and $4.7 billion.

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His sneaker and clothing lines have benefited from lucrative partnership deals with Adidas AG and Gap Inc., with his Gap apparel collection set to debut this summer.

The recording artist also has $122 million in cash and stock, according to Bloomberg's March reporting, and his music catalogue is valued at $110 million.

He also has $17 billion in other assets including a substantial interest in estranged wife Kim's Skims shapewear line.

The Keeping Up With The Kardashians star filed for divorce from Kanye in February after seven years of marriage.

She is said to have worked on a settlement of shared assets before formally filing and, according to UsWeekly, the ex couple are reported to be in agreement over sharing custody of their four children, North, seven, Saint, five, Chicago, three, and  Psalm, who turns two next month.

Kim Kardashian, Kanye West standing in front of a crowd: Kanye also has $17 billion in other assets including a substantial interest in estranged wife Kim's Skims shapewear line. The reality star filed for divorce in January after seven years of marriage (pictured in May 2016) © Provided by Daily Mail Kanye also has $17 billion in other assets including a substantial interest in estranged wife Kim's Skims shapewear line. The reality star filed for divorce in January after seven years of marriage (pictured in May 2016)

Kim, 40, also officially joined the billionaires club on Tuesday when Forbes included her on its World's Billionaire List.

A Kanye West documentary series is reportedly set to hit Netflix this year

  A Kanye West documentary series is reportedly set to hit Netflix this year According to Billboard, Netflix has acquired an upcoming Kanye West documentary series that has been in the making for more than 20 years.According to Billboard, the streaming giant spent "upwards of $30 million" on the series, though this has not been confirmed.

The outlet credited her increased wealth to the success of her KKW Beauty and Skims brands.

She also has lucrative endorsement deals and other investments and made $200million in a deal to sell 20 percent of KKW Beauty to Coty last year.

Forbes previously declared Kim's younger half-sister Kylie Jenner to be a billionaire when she offloaded 51 percent of her beauty company Kylie Cosmetics to Coty.

a woman taking a selfie: Kim, 40, also officially joined the billionaires club on Tuesday when Forbes included her on its World's Billionaire List. The outlet credited her increased wealth to the success of her KKW Beauty and Skims brands © Provided by Daily Mail Kim, 40, also officially joined the billionaires club on Tuesday when Forbes included her on its World's Billionaire List. The outlet credited her increased wealth to the success of her KKW Beauty and Skims brands Read more

Kanye West responds to Kim Kardashian's divorce filing, requests joint custody of kids .
Kanye West has filed a response to Kim Kardashian's divorce filing two months ago. The 'Stronger' rapper, 43, has requested joint legal and physical custody of their children, according to court documents obtained by multiple outlets. The exes share four kids: North, seven, Saint, five, Chicago, three and Psalm, one.The SKIMS founder also requested joint custody in her February 19 divorce filing.Kardashian cited "irreconcilable differences" as the reason for the split, but didn't cite a date of separation.Neither party requested spousal support from the other. Kardashian was recently named a billionaire by Forbes.

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