Without Adidas, Ye is worth $400 million. The remainder of Ye’s fortune,
Forbes estimates, comes from real estate, cash, his music catalog, and a 5% stake in ex-wife Kim Kardashian’s shapewear firm, Skims. (A source close to Skims told
Forbes Ye hasn’t been involved with the brand since its 2019 launch.)
Removing Ye from the billionaires’ list caps off a yearslong saga between the rapper and
Forbes. Ye always felt his net worth was undervalued. When he first made the list in 2020, with an estimated $1 billion fortune, Ye wasn’t happy. “It’s not a billion,” he texted us at the time. “It’s $3.3 billion since no one at
Forbes knows how to count.”
This pattern continued every year, with Ye continuing to complain about our low numbers. For this year’s valuation, Ye sent documents claiming his Adidas partnership alone was worth $4.3 billion. When Ye learned he would clock in at $2 billion overall, his unhappiness with
Forbes leaked to the
tabloids.
Losing Adidas was the final nail in Ye’s net worth coffin. Gap
GPS +2.5% terminated its Yeezy partnership in September. Earlier this month, JP Morgan reportedly unbanked Ye. French fashion house Balenciaga nixed their relationship with Ye on October 21, just weeks after he walked their runway at Paris Fashion Week.
Just yesterday production company MRC said it would not air a completed documentary on Ye and talent agency CAA, where Ye was signed, dumped him.
The two had been in partnership since 2013, when news of their Yeezy collaboration was announced. In the decade since, Ye’s ridden wave after wave of conflict—with Taylor Swift, with his former recording home Universal Music Group, and more recently on social media against Kardashian and her boyfriend at the time, SNL alum Pete Davidson.
Now the road has ended. (There’s always the chance Ye could relaunch Yeezy on his own.) Five days ago Ye made his first post to Parler, the right wing social media site he agreed to acquire for an undisclosed amount after getting locked out of Twitter and Instagram. He quoted Romans 8:31.
“What then shall we say to these things? If God is for us, who can be against us?”
The superstar rapper no longer has a place on the Forbes Billionaires’ list now that his lucrative deal with Adidas is over.
www.forbes.com
