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.
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