Recent controversies have not been favorable to popular musician and entrepreneur Kanye West, and his net worth has taken a big hit.
West had a decade-long $1.5 billion partnership with German brand Adidas selling his sneaker brand Yeezy, landing him a spot in the Forbes billionaire list.
After his antisemitic comments, public backlash led to many brands, including Adidas and Gap, ending contracts with him in October 2022.
Adidas cut ties with him after opening an internal investigation into him as several employees accused him of inappropriate conduct during meetings.
A finished documentary by production studio MRC about Kanye West had to be shelved and the talent agency CAA also dropped him.
Adidas had estimated a loss in income of nearly $250 million in 2022 as the deal with Kanye ended.
As of September 27, 2023, his net worth reportedly still stands at an impressive $400 million.