West’s net worth has declined by $1.6 billion since his split with Adidas.
Yeezy brand
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This follows the termination of its partnership with Kanye West.
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Adidas struggles to sell $530 million worth of sneakers after cutting ties with Ye’s Yeezy brand
Ye’s net worth has declined by $1.6 billion since Adidas severed ties with Yeezy brand.
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Four of his bank accounts have allegedly been frozen on a $75-million hold.
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Since Adidas severed ties with Ye in October, his net worth has declined by $1.6 billion.
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Ye’s $400-million fortune is made up of real estate, cash, a music catalog, and a five-percent stake in Skims.
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The majority of West’s fortune was based on a multiple of annual earnings from Adidas.
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Last week, Twitter Inc. removed an anti-Semitic post from Ye’s account.
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Gap earlier made headlines for selling Yeezy products in its Times Square store.
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