Kanye West Made Some Smart Choices for Kim Kardashian's Gift-Stocks

“The portfolio” has “outperformed the S&P 500 by more than 40 percent.”

By
Music
18,447 Hypes 13 Comments

Back in February, we reported on the success of Kanye West’s stock-gift for his wife Kim Kardashian. As we previously noted, the $100,000 USD worth of shares racked up over $30,000 USD in just a couple months; it was, quite literally, the “gift that kept on giving.” Now, as CNBC reports, the portfolio has performed exceptionally well since its Christmas gifting.

“According to CNBC‘s analysis, the portfolio that West chose for his wife, entrepreneur Kim Kardashian, outperformed the S&P 500 by more than 40 percent,” writes Catherine Campo. Notably, the portfolio includes stock in Apple, adidas, Disney, Amazon and Netflix. So far, Netflix has been the highest-earner out of the bunch, having jumped more than 90% since Kanye West gave the company’s shares as gifts. Amazon has climbed 50 percent since the holiday season, Apple has climbed close to 14 percent, adidas has risen 7 percent and Disney, despite being the weakest choice, has climbed 4 percent since Kim Kardashian received her shares.

You can check out CNBC‘s official breakdown online now.

Earlier this month, Kanye West shared some rough sketches of new YEEZYs for 2019.

Read Full Article
Source
CNBC

Join Our Discussions on Discord

The HYPEBEAST Discord Server is a community where conversations on cultural topics can be taken further.

1428 Users Online

What to Read Next

'24' Set to Return With Prequel Series Focused on Jack Bauer
Entertainment

'24' Set to Return With Prequel Series Focused on Jack Bauer

The series creators return as well.

Imran Potato to Drop High Fashion & Video Game Bootleg Clothing
Gaming

Imran Potato to Drop High Fashion & Video Game Bootleg Clothing

Louis Vuitton & Gucci logos alongside ‘Donkey Kong Country’ references.

Official Store List for the Off-White™ x Nike Air Presto in White
Footwear

Official Store List for the Off-White™ x Nike Air Presto in White

Good Luck.


Pi'erre Bourne Shares New Album Single "Marie Curie"
Music

Pi'erre Bourne Shares New Album Single "Marie Curie"

He’s also attempting to lock in a Drake feature.

Aphex Twin Posters Spark New Album Speculation
Music

Aphex Twin Posters Spark New Album Speculation

There last album was 2014’s ‘Syro.’

adidas Crazy 8 ADV Pays Homage to its Original Blueprint
Footwear

adidas Crazy 8 ADV Pays Homage to its Original Blueprint

An old classic receives an upgrade.

More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Help us serve you better

We appreciate your support in allowing HYPEBEAST ads, where we can share contents from the latest fashion, to those culturally relevant. In adding HYPEBEAST to your ad blocker's whitelist, ads on our sites will show while you continue to browse.