Kanye West says he wants to change his name to ‘Christain Genius Billionaire Kayne West’ because he is upset that he is not always acknowledged as a billionaire.

West made the comments at the fifth annual Fast Company Innovation Festival in New York where he spoke with Yeezy footwear designer Steven Smith. 

The rapper suggests the name change is a way to reaffirm that he is indeed a billionaire, explaining how he took offence to a recent Forbes magazine article for not recognising him as such. 

"When I did Forbes, I showed them a $890 million  receipt and they still didn’t say ‘billionaire’. They don’t want us to know that we can buy land; they don’t want us to have the 100 percent ownership [that] I have at Yeezy…"

West explained "When people say it’s crass to call yourself a billionaire, I say I might legally change my name to Christian Genius Billionaire Kanye West for a year until y’all understand exactly what it is… It will be on the license plate."

The rapper then took the opportunity to talk about his 2024 Presidential campaign, drawing laughter from the audience according to The Independent.

"When I run for President in 2024," he began, before being interrupted by audience laughter, drawing an annoyed rebuke from West. 

"What y’all laughing at? We would create so many jobs! I’m not going to run, I’m going to walk. When you see headlines saying Kanye’s crazy — one in three African Americans are in jail and all the celebrities are in jail also because they can’t say nothing, they got no opinion, they’re so scared!"