Kanye West Loses Billionaire Status After Adidas Terminates Deal

As a result of Adidas pulling the plug on him, West has lost a lot of money.

According to Forbes, Ye lost his billionaire status after Adidas ended their partnership with him. Forbes notes that it was a huge part of his wealth, and the final nail in the coffin.

Forbes says thatKW is worth $400 million. His net worth has plummeted from a couple years ago, when it was valued at over $1 billion with most of his public assets considered.

According to Forbes, the majority of West's wealth is coming from a few sources, including real estate, liquid cash, and his music catalog.

Considering the company says they're losing nearly a quarter of a billion dollars in net profits by cutting him/his shoes off, it must have been a pretty penny's worth.

He's always claimed he was worth more than what they pegged him at even though the outlet's stood by its findings