Kanye West claims he’s worth $2.77 billion — Forbes begs to differ In 2022, it was estimated that the rapper lost his billionaire status overnight after he was dropped by Adidas.
According to the magazine, it had originally valued West’s net worth to include his Adidas partnership worth $1.5 billion.
The controversial rapper’s net worth was reportedly scythed from $2 billion to $400 million in 2022 after being dropped by Adidas due to repeated antisemitic remarks.
In 2022, Adidas announced it was axing its Yeezy partnership with West, saying in a press release: “Adidas does not tolerate anti-Semitism and any other sort of hate speech.
“His current fortune includes cash, real estate, the value of his music catalog and a 5 percent stake in his ex-wife Kim Kardashian West’s shapewear brand Skims,” Forbes states.