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  • From private jet to high-end cars

    From private jet to high-end cars

    Kanye West, now legally known as “Ye,” is a well-known American music producer, rapper, fashion designer, and entrepreneur with a current net worth of $400 million as of September 25th in Forbes. At one point, Kanye West was a multi-billionaire and one of the richest self-made Black men in U.S. history. His rise to fame began with his 2004 album, The College Dropout, which propelled him into the global spotlight. Kanye West’s career as a musician has been highly successful, earning him 24 Grammy Awards out of 75 nominations.

    In recent years, Kanye West has shifted focus from music to business, generating over $100 million annually from various ventures, including his Yeezy brand. However, his outspoken views and controversial statements have resulted in the loss of sponsorships and partnerships.

    Kanye West’s Net Worth Drops from Billionaire to Millionaire

    Kanye West
    Credit: Reuters

    Once celebrated as a billionaire, Kanye West’s net worth has taken a sharp decline, falling from $2 billion to $400 million according to Forbes. The significant drop in Kanye West’s net worth was largely due to his broken partnership with Adidas, a deal that had previously been a major source of his wealth. His controversial opinions led Adidas to sever ties with him, drastically reducing Kanye West’s income. Despite the setbacks, Kanye West continues to pursue various business ventures.

    Kanye West’s Career and Recent Challenges

    Even though Kanye West has been a leading figure in the music world for many years, recent events have affected his career. His latest album, Donda 2, was released exclusively on the Stem player, but it did not perform as well as expected. Along with financial troubles, Kanye West has also faced legal issues. He was ordered by a court to pay $200,000 per month in child support for his four children with ex-wife Kim Kardashian. Additionally, he is facing lawsuits from former employees who allege they were not paid their due wages.

    Although these challenges have impacted Kanye West’s career, he has always been known for his resilience and creativity. Many wonder whether he can once again rise to billionaire status and reclaim his place in the world of wealth and fame.

    Kanye West’s Real Estate Investments

    According to Celebrity Net Worth, despite the financial hurdles, Kanye West owns around $100 million worth of real estate in the U.S., including several homes and large estates. One of his most notable properties is the sprawling Hidden Hills estate in California, where he lived with Kim Kardashian during their marriage. This property was acquired in multiple transactions starting in 2014, and over $28.5 million has been spent on acquiring and developing it. After their divorce, Kim Kardashian purchased Kanye’s share of the estate for $23 million, including $3 million for interior furnishings.

    In 2021, Kanye West bought a beachfront property in Malibu for $57.3 million, but he later put it on the market in 2023 for $53 million. Other properties in his portfolio include a 320-acre estate in Calabasas worth $16 million and several ranches in Wyoming, including one he sold in June 2024.

    Kanye West’s Car Collection

    Kanye West
    Credit: Carblogindia

    According to the website, Samma.tv Kanye West’s taste for luxury extends to his impressive car collection:

    • Aston Martin DBS: Kanye West owns an Aston Martin DBS with a 5.2-liter V12 engine that gives 715 horsepower. It can reach a top speed of 211 mph. In 2023, it’s worth $349,800.
    • Mercedes-Benz SLR McLaren: Kanye’s collection includes a Mercedes-Benz SLR McLaren, priced between $58,489 and $748,453. It has a 5.4-liter V8 engine with 617 horsepower.
    • Lamborghini Urus: Kanye often drives a Lamborghini Urus, one of the fastest SUVs. In 2023, it costs $233,995 and delivers 640 horsepower, with a top speed of 190 mph.
    • Bugatti Veyron 16.4: Kanye owns a Bugatti Veyron 16.4, one of the fastest cars ever made. It has a price tag of $1.9 million in 2023 and produces 1,000 horsepower.
    • Lamborghini Gallardo: Kanye is frequently seen driving his Lamborghini Gallardo, worth $209,500 in 2023. It has a V10 engine with 540 horsepower.
    • Porsche 911 Carrera: Kanye’s Porsche 911 Carrera has a 3.0-liter engine with 443 horsepower. It reaches a top speed of 308 km/h and costs $107,550 in 2023.
    • Lamborghini Aventador: Kanye also owns a Lamborghini Aventador, with a V12 engine producing 730 horsepower. In 2023, it costs over $789,809.
    • Porsche Panamera: Kanye added a Porsche Panamera to his collection. The base model starts at $92,400 in 2023.
    • Mercedes-Benz SLR Stirling Moss: Kanye has a rare Mercedes-Benz SLR Stirling Moss, valued at millions due to its rarity. It has 641 horsepower.
    • Maybach 57: Kanye’s customized Maybach 57, featured in a music video, is priced at $194,550 in 2023.
    • Dartz Prombron Red Diamond: Kanye’s collection includes a Dartz Prombron Red Diamond, a million-dollar armored truck.
    • Sherp: Kanye owns eight Sherp all-terrain vehicles, kept at his ranch. Each weighs 4,300 kg and has a top speed of 30 km/h.

    Kanye West’s private jet

    Kanye West, now called Ye, still enjoys his luxury items, including large mansions, expensive cars, and possibly a private jet. His plane is a Boeing 747, a massive two-deck aircraft usually designed to carry 660 passengers. It’s the same type of plane used by the U.S. president, known as Air Force One.

    Ye’s jet, the largest owned by any celebrity, is called the “Yeezy floating office.” It comes with luxury features like a double-bed suite, marble bathrooms, a lounge, guest rooms, and a dining area.

    Some reports say Adidas gave Ye the jet in 2018 for the success of his Yeezy brand. However, a Forbes report from 2018 suggests it might actually belong to Las Vegas Sands Corp., owned by billionaire Sheldon Adelson before he passed away in 2021. His wife, Miriam Adelson, inherited part of his wealth.

    The plane is a Boeing 747SP, a smaller but longer-range version of the Boeing 747-100. Even if it was a gift from Adidas, its value would be less than $10 million.

    Also Read: P Diddy’s net worth

    Kanye West’s Personal Life

    Kim Kardashian and Kanye West
    Credit: Reuters

    Kanye West’s personal life has always been in the public eye. He was in a long-term relationship with designer Alexis Phifer from 2002 to 2008 and dated model Amber Rose from 2008 to 2010. Kanye began dating reality TV star Kim Kardashian in 2012, and they married in 2014. The couple had four children together before divorcing in 2022. Shortly after, Kanye briefly dated actress Julia Fox.

    In 2023, Kanye West reportedly married Bianca Censori, an Australian architect, in a private ceremony. In 2021, Kanye successfully changed his legal name to “Ye,” a reflection of his evolving identity.

    Despite all his challenges, Kanye West continues to remain a significant figure in the worlds of music, fashion, and business. Whether he will regain his former financial glory remains to be seen, but his influence and impact on culture are undeniable.

    For the latest and more interesting financial news, keep reading Indiatimes Worth. Click here

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  • Cars talking to one another could help reduce fatal crashes on US roads

    Cars talking to one another could help reduce fatal crashes on US roads

    The secret to avoiding red lights during rush hour in Utah’s largest city might be as simple as following a bus.

    Transportation officials have spent the past few years refining a system in which radio transmitters inside commuter buses talk directly to the traffic signals in the Salt Lake City area, requesting a few extra seconds of green when they approach.

    Congestion on these so-called smart streets is already noticeably smoother, but it’s just a small preview of the high-tech upgrades that could be coming soon to roads across Utah and ultimately across the U.S.

    Buoyed by a $20 million federal grant and an ambitious calling to “Connect the West,” the goal is to ensure every vehicle in Utah, as well as neighboring Colorado and Wyoming, can eventually communicate with one another and the roadside infrastructure about congestion, accidents, road hazards and weather conditions.

    With that knowledge, drivers can instantly know they should take another route, bypassing the need for a human to manually send an alert to an electronic street sign or the mapping apps found on cellphones.

    “A vehicle can tell us a lot about what’s going on in the roadway,” said Blaine Leonard, a transportation technology engineer at the Utah Department of Transportation. “Maybe it braked really hard, or the windshield wipers are on, or the wheels are slipping. The car anonymously broadcasts to us that blip of data 10 times a second, giving us a constant stream of information.”

    When cars transmit information in real time to other cars and the various sensors posted along and above the road, the technology is known broadly as vehicle-to-everything, or V2X. Last month, the U.S. Department of Transportation unveiled a national blueprint for how state and local governments and private companies should deploy the various V2X projects already in the works to make sure everyone is on the same page.

    The overarching objective is universal: dramatically curb roadway deaths and serious injuries, which have recently spiked to historic levels.

    A 2016 analysis by the National Highway Traffic Safety Administration concluded V2X could help. Implementing just two of the earliest vehicle-to-everything applications nationwide would prevent 439,000 to 615,000 crashes and save 987 to 1,366 lives, its research found.

    Dan Langenkamp has been lobbying for road safety improvements since his wife Sarah Langenkamp, a U.S. diplomat, was killed by a truck while biking in Maryland in 2022. Joining officials at the news conference announcing the vehicle-to-everything blueprint, Langenkamp urged governments across the U.S. to roll out the technology as widely and quickly as possible.

    “How can we as government officials, as manufacturers, and just as Americans not push this technology forward as fast as we possibly can, knowing that we have the power to rescue ourselves from this disaster, this crisis on our roads,” he said.

    Most of the public resistance has been about privacy. Although the V2X rollout plan commits to safeguarding personal information, some privacy advocates remain skeptical.

    Critics say that while the system may not track specific vehicles, it can compile enough identifying characteristics — even something as seemingly innocuous as tire pressure levels — that it wouldn’t take too much work to figure out who is behind the wheel and where they are going.

    “Once you get enough unique information, you can reasonably say the car that drives down this street at this time that has this particular weight class probably belongs to the mayor,” said Cliff Braun, associate director of technology, policy and research for the Electronic Frontier Foundation, which advocates for digital privacy.

    The federal blueprint says the nation’s top 75 metropolitan areas should aspire to have at least 25% of their signalized intersections equipped with the technology by 2028, along with higher milestones in subsequent years. With its fast start, the Salt Lake City area already has surpassed 20%.

    Of course, upgrading the signals is the relatively easy part. The most important data comes from the cars themselves. While most new ones have connected features, they don’t all work the same way.

    Before embarking on the “Connect the West” plan, Utah officials tested what they call the nation’s first radio-based, connected vehicle technology, using only the data supplied by fleet vehicles such as buses and snow plows. One early pilot program upgraded the bus route on a busy stretch of Redwood Road, and it isn’t just the bus riders who have noticed a difference.

    “Whatever they’re doing is working,” said Jenny Duenas, assistant director of nearby Panda Child Care, where 80 children between 6 weeks and 12 years old are enrolled. “We haven’t seen traffic for a while. We have to transport our kiddos out of here, so when it’s a lot freer, it’s a lot easier to get out of the daycare.”

    Casey Brock, bus communications supervisor for the Utah Transit Authority, said most of the changes might not be noticeable to drivers. However, even shaving a few seconds off a bus route can dramatically reduce congestion while improving safety, he said.

    “From a commuter standpoint it may be, ‘Oh, I had a good traffic day,’” Brock said. “They don’t have to know all the mechanisms going on behind the scenes.”

    This summer, Michigan opened a 3-mile (4.8-kilometer) stretch of a connected and automated vehicle corridor planned for Interstate 94 between Ann Arbor and Detroit. The pilot project features digital infrastructure, including sensors and cameras installed on posts along the highway, that will help drivers prepare for traffic slowdowns by sending notifications about such things as debris and stalled vehicles.

    Similar technology is being employed for a smart freight corridor around Austin, Texas, that aims to inform truck drivers of road conditions and eventually cater to self-driving trucks.

    Darran Anderson, director of strategy and innovation at the Texas Department of Transportation, said officials hope the technology not only boosts the state’s massive freight industry but also helps reverse a troubling trend that has spanned more than two decades. The last day without a road fatality in Texas was Nov. 7, 2000.

    Cavnue, a Washington, D.C.-based subsidiary of Alphabet’s Sidewalk Infrastructure partners, funded the Michigan project and was awarded a contract to develop the one in Texas. The company has set a goal of becoming an industry leader in smart roads technology.

    Chris Armstrong, Cavnue’s vice president of product, calls V2X “a digital seatbelt for the car” but says it only works if cars and roadside infrastructure can communicate seamlessly with one another.

    “Instead of speaking 50 different languages, overnight we’d like to all speak the same language,” he said.

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  • 7,000 luxury cars, world’s largest residential palace: Inside lavish lifestyle of Sultan of Brunei | World News

    7,000 luxury cars, world’s largest residential palace: Inside lavish lifestyle of Sultan of Brunei | World News

    Prime Minister Modi is visiting Brunei at the invitation of Hassanal Bolkiah to further strengthen bilateral cooperation in all existing sectors and commemorate 40 years of diplomatic relations between the two countries.

    7,000 luxury cars, world’s largest residential palace: Inside lavish lifestyle of Sultan of Brunei

    Lavish lifestyle of Sultan of Brunei

    New Delhi: Sultan of Brunei Haji Hassanal Bolkiah is set to welcome Prime Minister Narendra Modi who will arrive in the Southeast Asian nation today, marking the first-ever visit by an Indian PM to the country. PM Modi embarked on a visit to Brunei this afternoon. He is on a two-nation visit Brunei and Singapore – from September 3-5.

    Prime Minister Modi is visiting Brunei at the invitation of Hassanal Bolkiah to further strengthen bilateral cooperation in all existing sectors and commemorate 40 years of diplomatic relations between the two countries. “Today, I am embarking on a first ever bilateral visit to Brunei Darussalam. As we celebrate the 40 years of our diplomatic relations, I look forward to my meetings with His Majesty Sultan Haji Hassanal Bolkiah and other esteemed members of the Royal family to advance our historical relationship to new heights,” he said in his departure statement issued by the Ministry of External Affairs.

    Lavish car collection of Sultan of Brunei

    Hassanal Bolkiah, known for his luxurious lifestyle and enormous wealth, is the second-longest reigning monarch in the world, after UK’s Queen Elizabeth II. The Sultan of Brunei is said to have a net worth of $30 billion and he flaunts notable private car collection valued at an estimated $5 billion. He owns over 7,000 luxurious vehicles. Among the collection are approximately 600 Rolls-Royce cars, 450 Ferraris, and 380 Bentleys, as reported by The Sun. He also has several other high-end cars including Jaguars, Maybachs, Porsches, Lamborghinis, BMWs, and McLarens, according to automotive sources, including CarBuzz and The South China Morning Post.

    A Bentley Dominator, the world’s most opulent SUV worth approximately $80 million, a 24-carat gold-plated Rolls-Royce Silver Spur II valued at a mind boggling $14 million and a Porsche 911 with Horizon Blue paint and an X88 power package are among most expensive and rare cars owned by Hassanal Bolkiah. His fleet of ultra-luxury cars also include a custom-designed Rolls-Royce with an open roof and an umbrella and Ferrari Testarossa F90 Speciale.

    Besides the lavish car collection, the Sultan also owns several private jets. His Boeing 747-400, nicknamed the “flying palace”, is embellished with gold and Lalique crystal.

    World’s largest residential palace

    Like all other things in the Sultan’s life, his home too is the epitome of opulence. The Sultan and his family reside in Istana Nurul Iman, the world’s largest residential palace, which houses 1,700 rooms, five swimming pools and 257 bathrooms. The palace holds the Guinness World Record for being the largest residential palace in the world. As per the Guinness World Records, the Istana Nurul Iman Palace, built in 1984, is the largest residential palace in the world, covering an exorbitant area of 200,000 square metres. The Sultan also owns a private zoo, housing 30 Bengal tigers and various bird species.

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