Kanye West Reacts After Losing $2B From Adidas Deal: “The Money Is Not Who I Am”

Written by on October 27, 2022

Kanye West is no longer a billionaire after dismantling his vogue empire in weeks. The Chicago artist misplaced his cope with Adidas this week after the model put the partnership beneath evaluation, as firms like Balenciaga and Gap additional distanced themselves from Ye.

The outcome was an almost $2 billion loss to his internet price. It was inevitable following weeks of spewing anti-Semitic feedback all through quite a few interviews.

NASHVILLE, TENNESSEE – OCTOBER 12: Kanye West attends the “The Best Lie Ever Offered” Premiere Screening on October 12, 2022 in Nashville, Tennessee. (Picture by Jason Davis/Getty Photos for DailyWire+)

Endeavor CEO Ari Emanuel denounced Ye for his feedback, urging manufacturers and corporations to chop ties with him. This morning, Ye reacted to the information of his internet price dropping under the $1B mark whereas additionally sending like to Emmanuel regardless of his feedback.

“Ari Emanuel, I like 2 billion {dollars} in someday and I’m nonetheless alive. That is love speech. I nonetheless love you. God nonetheless loves you,” he wrote. “The cash will not be who I’m. The folks is who I’m.”

Emanuel instructed Kanye’s enterprise companions and collaborators to “communicate out and take motion” after his anti-Semitic feedback.

“West is not only any individual — he’s a popular culture icon with thousands and thousands of followers around the globe. And amongst them are younger folks whose views are nonetheless being fashioned,” wrote Emanuel in an op-ed for the Monetary Occasions. “There needs to be no tolerance anyplace for West’s antisemitism. It is a second in historical past the place the stakes are excessive and being open about our values, and residing them, is important. Silence and inaction will not be an choice.”

Kanye’s misplaced greater than enterprise offers prior to now 24 hours. Donda Academy’s principal introduced the varsity might be shutting its doorways. College students will not be capable of attend Donda Academy for the rest of the 2022-2023 faculty 12 months. Nonetheless, Angell added that they are going to be returning in September 2023. Angell didn’t point out the anti-Semitic controversy as a contributing issue, although hours earlier, the varsity’s basketball staff was dropped from the Scholastic Play By Play tournament as a consequence of Ye’s remarks.

Supply: HotNewHipHop

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