Kanye West is no more a billionaire as Adidas ended its deal with the rapper costing him $1.5 billion in net worth, as per Forbes. Their collaboration lasted for 9 years after he signed a deal in 2013
$400 million
as on Oct 26
Source: Forbes
Current Net Worth
Kanye West, now legally known as Ye, has been under fire from the world’s top brands following his anti-semitic comments
Spanish luxury fashion house Balenciaga severed ties with Kanye West following his several anti-semitic and other offensive remarks
Balenciaga (2021- Oct. 2022)
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Ye recently stated that George Floyd, whose death sparked Black Lives Matter protests, died of fentanyl poisoning instead of police brutality by Minneapolis police in 2020
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Gap terminated its 10-year-long partnership with Kanye West by pulling a plug on rapper’s Yeezy Gap line of merchandise from its stores and yeezygap.com
Gap (2020-2022)
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This was followed by several retailers, social media platforms and celebrities breaking ties with West
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Kanye West was set to be the first non-athlete to promote a sneaker line by Nike but Ye left the deal reportedly over royalty disputes with Adidas
NIKE ( 2007-2013)
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"I took the Adidas deal because I have royalties and I have to provide for my family,” said Kanye
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It shelved a documentary about the ‘Donda’ artist which was to be produced in collaboration with Kanye West
MRC Entertainment
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“Kanye is a producer & sampler of music. Last week he sampled and remixed a classic tune that has charted for over 3,000 years - lie that Jews are evil and conspire to control the world for their own gain,” MRC said in a letter
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Kanye West’s ex-wife Kim Kardashian had earlier released a statement saying, “Hate speech is never OK or excusable," following Kanye’s controversial remarks
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