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Kanye West loses billionaire status after Adidas terminated deal

American singer and fashion mogul, Kanye West has left the 10-digit club, following his fall-out with Adidas.
This information was released today Tuesday, 25th of October, 2022. According to Forbes, his title strip did not only come as a result of Adidas alone but also other partnership deals that went south.

 

Kanye West loses billionaire status after Adidas terminated deal

 

As it stands, Kanye has now been estimated to be worth about $400 million.

His current status is a far cry from what the business mogul used to be worth a couple of years ago when his net worth was valued at around $1.3 billion.

Forbes says that Kanye’s riches are now coming from a select few sources. These include real estate, liquid cash, his music catalog, and a 5% stake in his estranged wife, Kim Kardashian’s Skims brand.

See post below;

 

 

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