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Kanye West Claims He Lost $8B From Adidas — However, The Rapper Says He's ‘Still Going To Get That Money Back’

Kanye West claims he lost $8 billion from Adidas after their business partnership was terminated, but believes he will recover his losses.

Mar 19, 2024

Adidas Profited Nearly $437M In Revenue From Yeezy Merchandise In Q2

After parting ways with Kanye West, Adidas earned nearly $437 million in revenue from the sale of Yeezy merchandise.

Aug 3, 2023

Adidas Will Sell Existing YEEZY Products Since It Was 'The Preferred Option Among All Organizations And Stakeholders'

Adidas has officially announced its plans to release some of its remaining YEEZY merchandise starting in late May 2023.

May 19, 2023

Adidas CEO Says Dropping Kanye West's Yeezy Is 'Hurting Us,' And North American Sales Are Down 20%

Following a huge net loss, sportswear giant Adidas has shared that it has seen an 8% increase in shares and sales better than expected.

May 8, 2023

Adidas Announces $540M Loss Due To Unsold Yeezy Products In Its Final 2022 Quarter

Adidas revealed that it has suffered an operating loss of $540 million after parting ways with Kanye West — its first in 31 years.

Mar 9, 2023

Kanye West Says He Owes The IRS $50M — 'They Were Trying To Put Me In Prison This Morning'

Kanye West said he owed the IRS $50 million dollars and learned of this after $75 million was frozen from his bank accounts.

Nov 29, 2022

Kanye West Allegedly Once Fired A Yeezy Worker For Asking To Listen To Drake, Report Says

Employees who worked under Kanye West have stepped forward to detail their work conditions amidst his tumbling empire.

Nov 10, 2022

Diddy Reportedly Becomes Hip-Hop's Third Billionaire, Surpasses Kanye West On 'Hip-Hop’s Wealthiest Artists 2022' List

Sean “Diddy” Combs has become a billionaire, according to a new report, dethroning Yeezy founder Kanye West.

Oct 28, 2022

Kanye West's Unaccredited K-12 School Donda Academy Shuts Down

Kanye West's Donda Academy, that serves K through 12 students, has been showed down for the remainder of the 2022-2023 school year.

Oct 27, 2022

Kanye West Is No Longer A Billionaire, According To Forbes

After being dropped by adidas, Yeezy founder Kanye West is no longer a billionaire and his net worth is set at $400 million, Forbes reports.

Oct 25, 2022

adidas Cuts Ties With Kanye West, Could Have A 'Short-Term Negative Impact' Of Nearly $247M

Kanye West has lost another lucrative partnership due to his antisemitic remarks, this time adidas is breaking ties with the Yeezy founder.

Oct 25, 2022

Balenciaga Has Called It Quits With Black Billionaire Kanye West — Here's Why

Kanye West's hate speech has led to Balenciaga parting ways with the Yeezy founder after forming a partnership in 2020.

Oct 21, 2022

JPMorgan Chase Calls It Quits With Kanye West And The Billionaire Responds: 'I Feel Happy To Have Crossed The Line'

JPMorgan Chase is ending its banking relationship with billionaire Kanye West and will close his account by November 21.

Oct 13, 2022

Ten Years Later, Kanye West Admits Sway Had The Answers All Along About Selling Directly To Consumers

Kanye West admits Sway Calloway was right about going solo with Yeezy, nearly ten years after his interview appearance.

Sep 22, 2022

Kanye West's Fortune Estimated To 'Drop Well Below $1B' If He Decides To End adidas Partnership

Forbes reports that if Kanye West were to cut ties with adidas, it would knock his fortune to well below $1 billion.

Sep 16, 2022