{"id":6669,"date":"2022-10-25T18:29:11","date_gmt":"2022-10-25T18:29:11","guid":{"rendered":"https:\/\/showbizztoday.com\/index.php\/2022\/10\/25\/kanye-wests-net-worth-drops-to-400million-after-adidas-ends-yeezy-deal\/"},"modified":"2022-10-25T18:29:11","modified_gmt":"2022-10-25T18:29:11","slug":"kanye-wests-web-price-drops-to-400million-after-adidas-ends-yeezy-deal","status":"publish","type":"post","link":"https:\/\/showbizztoday.com\/index.php\/2022\/10\/25\/kanye-wests-web-price-drops-to-400million-after-adidas-ends-yeezy-deal\/","title":{"rendered":"Kanye West&#8217;s web price drops to $400million after Adidas ends Yeezy deal"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p><a href=\"https:\/\/www.nme.com\/artists\/kanye-west\" target=\"_blank\" rel=\"noopener\">Kanye West<\/a>\u2018s web price has reportedly plummeted from $2billion (\u00a31.3billion) to $400million (\u00a3348million) following the top of his partnership with Adidas.<\/p>\n<p>According to <a href=\"https:\/\/www.forbes.com\/sites\/lisettevoytko\/2022\/10\/25\/billionaire-no-more-kanye-wests-anti-semitism-obliterates-his-net-worth-as-adidas-cuts-ties\/?sh=6e1dcb4e17e7\" target=\"_blank\" rel=\"nofollow noopener\"><em>Forbes<\/em> journal<\/a>, \u201cYe is no longer a billionaire\u201d after <a href=\"https:\/\/www.nme.com\/news\/music\/adidas-ends-kanye-west-deal-in-light-of-rappers-anti-semitic-comments-3335494\" target=\"_blank\" rel=\"noopener\">Adidas terminated their contract with the rapper and entrepreneur immediately<\/a> (October 25) over <a href=\"https:\/\/www.nme.com\/news\/music\/kanye-west-makes-twitter-comeback-after-meta-restricts-instagram-account-3325177\" target=\"_blank\" rel=\"noopener\">his anti-semitic feedback<\/a>.<\/p>\n<p>The deal was mentioned to have a price of $1.5billion (\u00a31.31billion) however now that the partnership has ended, Ye is price $400million. <em>Forbes<\/em> estimates that the rest of his fortune comes from his music catalogue, money, actual property and a 5 per cent stake in ex-wife Kim Kardashian\u2019s model, Skims.<\/p>\n<p><figure id=\"attachment_3335728\" aria-describedby=\"caption-attachment-3335728\" style=\"width: 2000px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-3335728 size-full\" src=\"https:\/\/www.nme.com\/wp-content\/uploads\/2022\/10\/Kanye-West-Adidas-Net-Worth.jpg\" alt=\"\" width=\"2000\" height=\"1270\" srcset=\"https:\/\/www.nme.com\/wp-content\/uploads\/2022\/10\/Kanye-West-Adidas-Net-Worth.jpg 2000w, https:\/\/www.nme.com\/wp-content\/uploads\/2022\/10\/Kanye-West-Adidas-Net-Worth-400x254.jpg 400w, https:\/\/www.nme.com\/wp-content\/uploads\/2022\/10\/Kanye-West-Adidas-Net-Worth-800x508.jpg 800w, https:\/\/www.nme.com\/wp-content\/uploads\/2022\/10\/Kanye-West-Adidas-Net-Worth-696x442.jpg 696w, https:\/\/www.nme.com\/wp-content\/uploads\/2022\/10\/Kanye-West-Adidas-Net-Worth-1392x884.jpg 1392w, https:\/\/www.nme.com\/wp-content\/uploads\/2022\/10\/Kanye-West-Adidas-Net-Worth-1068x678.jpg 1068w\" sizes=\"auto, (max-width: 2000px) 100vw, 2000px\"\/><figcaption id=\"caption-attachment-3335728\" class=\"wp-caption-text\">Kanye West pictured in California 2016. CREDIT: Jonathan Leibson\/Getty Images for Adidas)<\/figcaption><\/figure>\n<\/p>\n<p>News of Ye\u2019s web price comes following information that Adidas will cease manufacturing of its Yeezy line after 9 years on account of his \u201cunacceptable, hateful and dangerous\u201d feedback.<\/p>\n<p>The German sportswear model mentioned in a press release immediately: \u201cAdidas doesn&#8217;t tolerate anti-semitism and another type of hate speech.<\/p>\n<p>\u201cYe\u2019s recent comments and actions have been unacceptable, hateful and dangerous, and they violate the company\u2019s values of diversity and inclusion, mutual respect and fairness.\u201d<\/p>\n<p>The firm added it expects to take successful of as much as \u20ac250million (\u00a3217million) to its web earnings this 12 months from the cut up.<\/p>\n<p>Adidas is the most recent organisation to chop ties with West following the likes of <a href=\"https:\/\/www.nme.com\/news\/music\/kanye-west-is-reportedly-no-longer-signed-to-def-jam-3335238\" target=\"_blank\" rel=\"noopener\">Def Jam<\/a>, <a href=\"https:\/\/www.nme.com\/news\/music\/jp-morgan-chase-bank-servers-ties-with-kanye-west-3328022\" target=\"_blank\" rel=\"noopener\">JP Morgan Chase<\/a>, and <a href=\"https:\/\/www.nme.com\/news\/music\/balenciaga-cuts-ties-with-kanye-west-over-antisemitic-comments-3333697\" target=\"_blank\" rel=\"noopener\">Balenciaga<\/a> who&#8217;ve all condemned the <a href=\"https:\/\/www.nme.com\/news\/music\/kanye-west-makes-twitter-comeback-after-meta-restricts-instagram-account-3325177\" target=\"_blank\" rel=\"noopener\">rapper\u2019s latest statements which have been criticised as being anti-semitic<\/a>.<\/p>\n<p>During a latest interview on the<em>\u00a0Drink Champs<\/em>\u00a0podcast, which has\u00a0<a href=\"https:\/\/www.nme.com\/news\/music\/kanye-wests-controversial-drink-champs-interview-removed-from-online-platforms-3330425\" target=\"_blank\" rel=\"noopener\">since been eliminated<\/a>, the rapper made additional anti-semitic feedback, saying \u201cthe Jewish media blocked [him] out\u201d. He additionally made extra inflammatory feedback throughout a latest interview with <em>Fox News<\/em>\u00a0that was not aired however<a href=\"https:\/\/www.nme.com\/news\/music\/kanye-west-unaired-footage-fox-news-anti-semitic-comments-3326989\" target=\"_blank\" rel=\"noopener\"> leaked on-line<\/a>.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Hate speech isn&#8217;t OK or excusable. I stand along with the Jewish neighborhood and name on the horrible violence and hateful rhetoric in direction of them to return to a right away finish.<\/p>\n<p>\u2014 Kim Kardashian (@KimKardashian) <a href=\"https:\/\/twitter.com\/KimKardashian\/status\/1584581098377707522?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">October 24, 2022<\/a><\/p>\n<\/blockquote>\n<p>West has <a href=\"https:\/\/www.nme.com\/news\/music\/kanye-west-says-he-doesnt-believe-in-the-term-anti-semitism-its-not-factual-3330802\" target=\"_blank\" rel=\"noopener\">refused to simply accept that the time period \u201canti-semitism\u201d exists as a result of he claims it\u2019s \u201cnot factual\u201d<\/a>, however he has since <a href=\"https:\/\/www.nme.com\/news\/music\/kanye-west-on-antisemitic-comments-being-racist-thats-why-i-said-it-3332075\" target=\"_blank\" rel=\"noopener\">supplied one thing of an \u201capology\u201d to these whom he\u2019s offended along with his feedback<\/a>.<\/p>\n<p>Yesterday (October 24), <a href=\"https:\/\/www.nme.com\/news\/music\/kanye-west-ex-wife-kim-kardashian-condemns-his-anti-semitic-comments-3335221\" target=\"_blank\" rel=\"noopener\">Kim Kardashian mentioned she \u201c[stands] together with the Jewish community\u201d within the wake of her ex-husband\u2019s feedback<\/a>.<\/p>\n<p>\u201cHate speech is never OK or excusable,\u201d she tweeted. \u201cI stand together with the Jewish community and call on the terrible violence and hateful rhetoric towards them to come to an immediate end.\u201d<\/p>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><script>\n  !function(f,b,e,v,n,t,s)\n  {if(f.fbq)return;n=f.fbq=function(){n.callMethod?\n  n.callMethod.apply(n,arguments):n.queue.push(arguments)};\n  if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\n  n.queue=[];t=b.createElement(e);t.async=!0;\n  t.src=v;s=b.getElementsByTagName(e)[0];\n  s.parentNode.insertBefore(t,s)}(window, document,'script',\n  'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n  fbq('consent', 'revoke');\n  fbq('init', '2300206660218433');\n  fbq('track', 'PageView');\n  fbq('init', '370979561341328');\n  fbq('track', 'PageView');\n<\/script><br \/>\n<br \/>[ad_2]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Kanye West\u2018s web price has reportedly plummeted from $2billion (\u00a31.3billion) to $400million (\u00a3348million) following the top of his partnership with Adidas. According to Forbes journal, \u201cYe is no longer a billionaire\u201d after Adidas terminated their contract with the rapper and entrepreneur immediately (October 25) over his anti-semitic feedback. The deal was mentioned to have [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6671,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[],"class_list":{"0":"post-6669","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-music"},"_links":{"self":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/posts\/6669","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/comments?post=6669"}],"version-history":[{"count":0,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/posts\/6669\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/media\/6671"}],"wp:attachment":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/media?parent=6669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/categories?post=6669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/tags?post=6669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}