Kanye West has lost his billionaire status now that Adidas has cut its partnership with him.
"Adidas does not tolerate anti-Semitism and any other form of hate speech," the athletic company said in a statement Tuesday following a series of anti-Semitic comments by West. "Ye's recent comments and actions have been unacceptable, hateful and dangerous, and they violate the company's values ??of diversity and inclusion, mutual respect and fairness."
The deal with the German athletic company accounted for $1.5 billion of West's net worth, so without it, his fortune is estimated at $400 million, according to Forbes.
West had been working with Adidas since 2013 on his Yeezy sneaker line. Gap, Balenciaga and Vogue have also ended their partnerships with West.
Adidas' decision to cut ties with West ends a weeks-long controversy in which the rapper has made anti-Semitic comments.
"I can say anything anti-Semitic and Adidas can't take it off me," West said on the Drink Champs podcast earlier this month.
But it turned out not to be!
