Ye Loses Billionaire Title After End of Adidas Deal Impacts His Net Worth
[ad_1] Kanye West is no longer a billionaire. Following Adidas cutting ties with Ye, Forbes officially bumps Ye’s billionaire title, revealing that he is worth $400 million without the sportswear brand. Before the now-defunct deal, 4 to 8% of all Adidas sales came from Ye’s Yeezy products. According to investment bank Cowen, the dead deal cost Ye $1.5 billion of his net worth. Ye did not reply to Forbes’ request for comment. Ye’s remaining fortune comprises real estate assets, cash, his music catalog, and a minor stake in Kim...