Kanye West’s net worth surges back to $400 million
Despite recent setbacks, West remains one of the world’s richest Black individuals.
Adidas
Beyonce unveils new fashion collection following split with sportswear giant Adidas
The latest collaboration between Beyonce, Balmain, and Olivier Rousteing builds on their existing relationship dating back to 2018.
Adidas drops Beyonce’s Ivy Park collab amid $10-million loss
The decision to end the partnership followed reports that Adidas suffered a loss of $10 million in 2022.
Kanye West’s net worth dips below $400 million as he suffers $2-million loss
West is one of the world’s richest Black people.
Five months after parting ways with Adidas, Kanye West remains one of America’s richest Black people
Before his multi-year deal with Adidas to design the sneaker brand Yeezy was terminated, Kanye West had a net worth of $2 billion.
Egypt’s richest man Nassef Sawiris loses $300 million in one week
Sawiris’ stakes in Adidas and OCI have fallen in value below $1.9 billion and $2.6 billion.
Egypt’s richest man Nassef Sawiris sees near $300-million increase in net worth in 2023
Sawiris derives the majority of his wealth from his six-percent stake in Adidas and 38.8-percent stake in OCI N.V.
Adidas takes $763-million hit in Q4 following Kanye West’s exit
Adidas executives remain confident despite the underwhelming results.
Adidas faces $10-million loss as Beyonce’s Ivy Park fails to meet expectations
Beyonce’s success extends beyond her music empire.
Adidas reportedly inks new deal with Kanye West in bid to sell off $500-million Yeezy inventory
West’s net worth has declined by $1.6 billion since his split with Adidas.
Adidas’ debt rating takes a hit as Kanye West’s departure impacts earnings
Since Adidas severed ties with Kanye West in October 2022, his net worth has declined by $1.6 billion.
Adidas faces potential loss of $1.3 billion due to unsold Kanye West’s Yeezy stock
This follows the termination of its partnership with Kanye West.
Beyonce’s net worth more than doubles to over $450 million in eight years
Beyonce’s success extends far beyond her music empire.
Kanye West faces new hurdle in business and personal life as Australian visa denial looms
The potential denial of a visa may be the latest in a long list of repercussions facing Kanye West.
Egypt’s richest man Nassef Sawiris’ stake in English club side Aston Villa now worth $134 million
Sawiris is one of the riches football club owners in Europe.
Four assets that make Egyptian billionaire Nassef Sawiris richest man in Arab world
Sawiris also owns a $135-million stake in English club Aston Villa.