25.10.2022 - 20:27 / usmagazine.com
Bye-bye, billionaire status. Kanye West‘s net worth has reportedly dropped significantly since losing his Adidas deal amid his anti-Semitic remarks.
The collaboration with Adidas and the rapper’s Yeezy brand was worth about $1.5 billion, Forbes estimates. Without the deal, West’s net worth has fallen to $400 million.
That sum comes “from real estate, cash, his music catalog, and a 5 percent stake in ex-wife Kim Kardashian’s shapewear firm, Skims,” Forbes reported on Tuesday, October 25.
West, 45, felt his net worth was undervalued by the outlet. When he first made the billionaires list in 2020, with an estimated $1 billion fortune, he texted the outlet that he was worth $3.3 billion. The Atlanta native also sent documents earlier this year claiming his Adidas partnership alone was worth $4.3 billion, though Forbes only estimated his net worth to be about $2 billion after reviewing information from other insiders and interviewing industry experts.
Kardashian, 42, and West split in February 2021 when the SKKN by Kim founder filed for divorce. They share four children, North, 9, Saint, 6, Chicago, 4, and Psalm, 3. A judge declared them legally single in March as they continue to work on the details of their divorce.
In addition to West owning a slice of Skims, Kardashian has a piece of Yeezy. She said in 2018 that she turned down an offer for $1 million to promote a company that is recognized for knocking off Yeezy designs, and her then-husband thanked her with a business deal.
“He happened to be recording out of town and I get an envelope delivered to the door. I open the envelope and it is a million-dollar check and a note saying, ‘Thank you for always supporting me and not posting,'” Kardashian said at the time on the “Pretty
It’s hard to imagine a celebrity like Kanye West going broke, but it turns out he’s a lot closer to that reality than we ever imagined!
After losing several million-dollar business ventures, Kanye West is speaking out.
Just two years ago, Kanye West seemed to have everything he could ever wish for, he was married to Kim Kardashian with four beautiful children, he was a fashion mogul with his Yeezy brand, worth £1.7billion and made a bid for the US Presidency.
Kanye West is no longer a billionaire.
Another one bites the dust.
In what may be the toughest blow, ego-wise, in the fallout from Kanye West’s antisemitic rants last week, Forbes announced today that the rapper is no longer on its glitzy list of the world’s billionaires. A chief cause for the change was Adidas ending its relationship today with Ye, as he is now known. He had been among the first hip-hop moguls to make the list.
, who now goes by Ye, after the rapper made a series of in an interview on Fox News and on social media. The sportswear giant was under growing pressure to cut ties with the Yeezy founder, whose incendiary comments have been condemned by high-profile figures.
Adidas may be slow to act, but more people in Kanye West‘s orbit are cutting ties with him!
Following Kanye West’s recent controversies, Vogue has cut its ties with the Yeezy designer.
Kanye West is sharing his thoughts about recent co-parenting issues he seems to have faced. The rapper, who recently revealed his admiration for Bad Bunny, explained during a recent interview that his former mother-in-law, Kris Jenner, is trying to turn his daughter Chicago “into a problem.”This is not the first time the singer and his ex-wife Kim Kardashian face co-parenting issues, as Khloé Kardashian recently defended her sister Kim against Kanye’s allegations.This time Kanye admitted that he is worried about his 4-year-old daughter and even took a moment to talk about their new reality show ‘The Kardashians,’ streaming on Hulu.“Chicago is either gonna be a blessing or she gonna be a problem,” Kanye said, adding that he is concerned “as a father.” He continued, “I feel like Hulu, and I feel like Kris are trying to turn her into a problem.”Kanye previously said that he did not want Kris to advise his kids on future career decisions, in reference to Kim and Kylie Jenner’s cover of Playboy magazine.“Don’t let Kris make you do playboy like she made [Kylie] and Kim do,” he said.
Kim Kardashian is placing her focus on co-parenting her and Kanye «Ye» West's four children following his polarizing appearance at Paris Fashion WeekA source tells ET that Kim is doing her best to co-parent their children — North, 9, Saint, 6, Chicago, 4 and Psalm, 3 -- in a safe way.«Kim has not spoken to Kanye,» the source said. «She is doing her best to co-parent with him in a safe way for her children.»The last week has seen a firestorm of controversy for the 45-year-old rapper, who not only made headlines after his latest Yeezy presentation but for the series of subsequent social media tirades that followed, including barbs aimed at his ex. Amidst it all, Kanye has even stepped out with a new woman on his arm. While he was previously linked to model Candice Swanepoel, the source said that relationship has «fizzled out,» with Ye moving on to another runway darling — Brazilian model Juliana Nalú.«Things between Kanye and Candice fizzled out, but it was never serious to begin with,» the source shared.
Forming a new connection. After briefly being linked to Candice Swanepoel, Kanye West is currently dating model Juliana Nalú.
The man who Kanye West named while calling out Lizzo in a rambling sit-down with Tucker Carlson last week is now responding — and he’s not happy.