Kanye West is officially a billionaire

Kanye West is officially a billionaire.

The 42-year-old is reportedly worth US $1.26 billion and has finally been named a billionaire by Forbes Magazine after he provided documents to the publication, which proved his fortune by giving an "authentic numeric look into Kanye, Inc".

However, Kanye disputes Forbes' findings, claiming he is actually worth US $3.3 billion and not US $1.26 billion and the rapper even texted the publication after the article was published to correct them.

He reportedly wrote: "It's not a billion. It's $3.3 billion since no one at Forbes knows how to count."

According to Forbes, Kanye was furious after the publication's annual World's Billionaires list - featuring his sister-in-law Kylie Jenner - was published last month but there was no mention of him.

[Source: TV NZ]