Kanye West’s net worth plummets from $2bn to $400m after Adidas ends Yeezy partnership
Kanye West’s net worth has been scythed from $2bn to $400m after Adidas ended their Yeezy partnership, according to Forbes magazine.
After days of relentless pressure, Adidas announced on Tuesday it had terminated its business relationship with the 45-year-old rapper and fashion mogul over his repeated antisemitic remarks.
“Adidas does not tolerate anti-Semitism and any other sort of hate speech,” it said in a press release.
“Ye’s recent comments and actions have been unacceptable, hateful and dangerous, and they violate the company’s values of diversity and inclusion, mutual respect and fairness.”
West had goaded the German footwear giant, saying on the Drink Champs podcast earlier this month: “I can say anti-Semitic s*** - and Adidas cannot drop me.”
Breaking more to come
