- Kanye West finally released his long-anticipated album, "Jesus is King," on October 25.
- Not long after, Variety reported that West and his equally mega-famous wife, Kim Kardashian West, expanded their Hidden Hills compound by 1.5 acres with the purchase of a nearby $2.98 million ranch.
- West also topped Forbes' list of the highest-paid hip-hop artists this year, with 2019 earnings of about $150 million and an estimated net worth of $240 million. Kardashian West has annual earnings of $72 million and an estimated net worth of $370 million, Forbes reports.
- The pair puts much of their wealth toward building up their real-estate portfolio. They currently share a mansion in Hidden Hills, a luxury condo on Miami Beach, and a sprawling ranch in Wyoming.
- Visit Business Insider's homepage for more stories.
Kanye West, this year's highest-paid hip-hop artist, according to Forbes, released his widely anticipated new album, "Jesus is King" on October 25— and it will almost certainly boost the millionaire rapper's already sizable personal fortune.
Just days after the album dropped, Variety reported that West and his equally famous wife, Kim Kardashian West, expanded their Hidden Hills compound by 1.5 acres with the purchase of a nearby $2.98 million ranch.
The impressive property is just one piece of the real-estate portfolio the pair has amassed over the years.
Earlier this year, West splashed out on a $14 million ranch in Wyoming. The ranch reportedly spans 1,400 acres of land about 75 miles east of Yellowstone National Park.
West even tried his hand at real-estate development, attempting to build an affordable housing complex on his 300-acre property in Calabasas, just across Ventura highway from the pair's mansion in Hidden Hills. West also gifted Kardashian West a $14 million condo on South Beach, and they were previously attached to a Soho apartment currently for sale at a steep discount.
A representative for West didn't immediately respond to a request for comment from Business Insider.
Keep reading for an inside look at the couple's luxurious properties.
Kanye West and Kim Kardashian West will make a combined $222 million this year alone and are collectively worth over $500 million, according to Forbes. Their high net worths allow them to dabble in the luxury real estate market.
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Source: Forbes, Forbes, Forbes
In September, TMZ reported that West bought a $14 million ranch in Wyoming, 75 miles east of Yellowstone National Park.
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Source: TMZ, Business Insider
Known as Monster Lake Ranch, the property is said to span more than 1,400 acres.
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Source: TMZ, Business Insider, J. P. King
The ranch features a restaurant and saloon, horse barns, and a state-of-the-art shooting range.
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Source: Business Insider, J. P. King
In an interview with Jimmy Fallon, Kardashian West said she envisions spending summers and weekends there. She's already given a glimpse of the ranch on Instagram.
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//instagram.com/p/B2hs3SQgu9_/embed
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Source:Insider
That isn't the pair's only vacation home. Last winter, West bought a $14 million condo in the luxurious Faena House on Miami Beach as a Christmas present for his wife.
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Source: Business Insider
The four-bedroom, 4,700-square-foot South Beach condo has floor-to-ceiling windows and a wraparound terrace.
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Source: LA Times
West is also interested in becoming a developer. Earlier this summer, he attempted to create an affordable housing development on 300 acres of his land in Calabasas.
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Source: The Real Deal
He built "Star Wars"-inspired domes, but didn't have the necessary permits. As a result, the city of Los Angeles asked him to secure the permits or tear down the structures. West maintained that they were temporary prototypes but agreed to tear them down.
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Source: Insider
"I'm going to be one of the biggest real estate developers of all time, like what Howard Hughes is to aircraft and what Henry Ford was to cars," West told Charlamagne Tha God in a 2018 radio interview. "Anybody who's been to any of my cribs knows that I'm super into developing homes."
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Source: Kanye West/YouTube
West and Kardashian West bought a home in Hidden Hills for $20 million in 2014. They then spent four years and another $20 million renovating it. The home is worth $60 million now, according to Kardashian West's mom, Kris Jenner.
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Source: E! Online, People, Kris Jenner / Twitter
The mansion is their primary residence and spans 15,667 square feet. The couple has always been particularly private about showing the home on social media, but Kardashian West filmed an installment of Vogue's "73 Questions" series at the home in April 2019.
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Source: Vogue/YouTube,Insider
In the video, Kardashian West described their monochromatic, airy space as "a minimal monastery."
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Source: Vogue/YouTube, Business Insider
The video showcases unbelievable features like flat sinks and floor to ceiling windows that bring in incredible natural light.
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Source: Vogue/YouTube,Insider
Right after West's new album dropped at the end of October, Variety reported that the couple expanded their Hidden Hills compound by purchasing a nearly $3 million ranch-style home on 1.49 acres.
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TMZ reported that, per their sources, the Kardashian-Wests "plan to transform their combined properties into guest homes, a spa retreat, and essentially ... a private farm for the kids."
Source:Variety, Business Insider
The couple previously lived in a 9,000-square-foot Bel Air mansion bought in 2013 for $11 million. They sold the home in 2017 for $17.8 million to Ukrainian billionaire Marina Acton. She later sold the house for $14 million in 2018.
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Source: People, Business Insider
Kardashian West reportedly bought a $1.6 million condo in the area in 2017. Her mom also bought two condos in the same luxury building.
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Source: LA Times
West also previously owned a condo in New York City. He bought one unit in a Soho apartment building in 2004 and combined it with an adjacent unit in 2006 to achieve the current 2,427-square-foot open layout.
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Source:Business Insider, CORE Real Estate
The condo was sold in 2018 and went back on the market for $4.3 million earlier this year. In October, $400,000 was chopped off its asking price.
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Source: Business Insider
The monochromatic apartment plays into the couple's sleek, minimalistic approach perfectly.
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