The German brand announced the decision on Tuesday following the release of the rapper’s anti-Semitic speeches
the rapper Kanye West he is no longer a billionaire. This Tuesday, 25, the artist left the list of Forbes after having had its partnership with the brand adidas discontinued due to the publication of anti-Semitic speeches.
According to Forbes, Kanye lost a $ 1.5 billion contract after the decision. Now, Ye’s fortune has been reduced to $ 400 million (just over R $ 2 billion).
The rapper’s income comes from real estate, cash, music production and a 5% stake in the Skims company, from Kim Kardashianhis ex-wife, according to the magazine’s estimates.
Kanye’s partnership with the German brand dates back to 2013. The artist signed a product line, Yeezy, which ended production “immediately” on Tuesday.
It wasn’t just Adidas that decided to end the partnership with the rapper. The same day, the brand split announced that all Yeezy Gap products have been removed from stores. The company broke off relations with the rapper a month ago.
the luxury brand Balenciaga he also ended his contract with Ye in October after the artist’s exhibition a Paris fashion week. At the time, the artist wore a T-shirt that read “White Lives Matter” (“White Lives Matter”).
The phrase has distorted the slogan “Black Lives Matter”, used during the 2020 demonstrations a United States after the death of George Floyd.
After being criticized by the rapper Diddy on social media, Kanye replied that he would use the artist “as an example to show Jews telling you that no one could threaten or influence me.”
The speech was denounced and West had the accounts of the Instagram Comes from twitter suspended.
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Source: Terra
Emily Jhon is a product and service reviewer at Gossipify, known for her honest evaluations and thorough analysis. With a background in marketing and consumer research, she offers valuable insights to readers. She has been writing for Gossipify for several years and has a degree in Marketing and Consumer Research from the University of Oxford.
