• Contact Us
  • Work with Us/ iWitness
Wednesday, March 22, 2023
  • Login
  • Register
Swagenews
  • News
    • Politics
    • Naija News
    • Metro
    • ECONOMY
  • METRO PLUS
  • Sports
    • SOCCER
    • FIFA
  • Columns
  • Education
  • Gist
    • BB Naija
    • Celebrity
    • Local
  • Technology
  • Health wise
No Result
View All Result
  • News
    • Politics
    • Naija News
    • Metro
    • ECONOMY
  • METRO PLUS
  • Sports
    • SOCCER
    • FIFA
  • Columns
  • Education
  • Gist
    • BB Naija
    • Celebrity
    • Local
  • Technology
  • Health wise
No Result
View All Result
Swagenews
No Result
View All Result
Home Celebrity

Kanye West is no longer a billionaire after Adidas cut ties with him

Abasifreke Dan by Abasifreke Dan
October 26, 2022
in Celebrity
0
Kanye West is no longer a billionaire after Adidas cut ties with him
0
SHARES
22
VIEWS
Share on FacebookShare on Twitter

American songwriter and rapper, Ye, who is popularly known by his stage name as Kanye West is no longer a billionaire after popular German sportswear brand, Adidas, cut ties with the rapper, leaving Kanye West out of the Forbes billionaires’ listing.

It will be recalled that on Tuesday, Adidas had announced that their partnership with Kanye West has been broken due to his antisemitic controversies.

American business magazine, Forbes quickly calculated Kanye’s net earnings and after the deduction of the $1.5 billion value from his Adidas deal, it was announced that Kanye West is no longer a billionaire.

Before his partnership with Adidas, Kanye West was partnered with another sportswear brand, Nike for many years, but, broke out in 2013 to join rival Adidas and in 2015, West and Adidas launched their first Yeezy shoe, which contributed to him becoming a billionaire.

“Without Adidas, Ye is worth $400 million. The remainder of Ye’s fortune, Forbes estimates, comes from real estate, cash, his music catalog, and a 5% stake in ex-wife Kim Kardashian’s shapewear firm, Skims. (A source close to Skims told Forbes Ye hasn’t been involved with the brand since its 2019 launch,)” Forbes reported.

With Kanye West and Adidas cutting ties, it means West will now go back to being dependent on his his earnings from his music and real estate.

Tags: AdidasKanye West
Previous Post

Months after bathing, the world’s dirtiest man dies at 94 in Iran

Next Post

Missing Indonesian woman found dead inside 22-foot python

Next Post
Missing Indonesian woman found dead inside 22-foot python

Missing Indonesian woman found dead inside 22-foot python

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Contact Us
  • Work with Us/ iWitness

© 2023 Swage News - Bringing you up-to date and verified information from around the World

No Result
View All Result
  • News
  • Metro Plus
  • More
    • Columns
    • Education
    • Healthwise
    • Naija News
    • WORLD NEWS

© 2023 Swage News - Bringing you up-to date and verified information from around the World

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In