Owners of

Forbes now estimates that the producer and designer is worth around $400 million — still a sizable sum, but far less than his height of $2 billion.

According to the publication, his remaining wealth comes from his attractive real estate acquisitions, his popular music catalogue, a 5 percent stake in his ex Kim Kardashian’s Skims company — which he reportedly hasn’t been involved with since 2019 — and his cash holdings. 

The move from Adidas comes days after Kanye claimed on a podcast that the sneaker giant ‘can’t drop him’, despite saying ‘anti-Semitic things’.

Adidas’ share price dropped more than 50 percent over the past six months, and is expected to plunge even further in the wake of the announcement.

Vanished fortune: Forbes determined that West is now only worth $400 million after losing his deals with Adidas and other companies, down from his height of $2 billion

West has had several high-flying partnerships dropped in the aftermath of making a series of anti-Semitic outbursts.

The father-of-four’s wealth could plummet to below $1billion after the termination with the brand, which comes after several other lucrative deals have been dropped. 

 His deal with Balenciaga and Gap have fallen through, and the rapper was yesterday dropped by talent agency CAA.

In a statement GAP said: ‘Anti-Semitism, racism and hate in any form are inexcusable and not tolerated in accordance with our values.

 ‘On behalf of our customers, employees and shareholders, we are partnering with organizations that combat hate and discrimination.’

His Twitter and Instagram accounts were restricted, with the social media platforms saying they removed his posts that online users condemned as anti-Semitic.

In a statement Adidas said: ‘Adidas does not tolerate antisemitism and any other sort of hate speech.

‘Ye’s recent comments and actions have been unacceptable, hateful and dangerous, and they violate the company’s values of diversity and inclusion, mutual respect and fairness.’

 The company also claimed that cutting ties with the rapper is likely to have a ‘negative impact of up to €250 million on the company’s net income in 2022’.

The partnership began in 2013, after he let a collaboration with Nike, and was expected to be a ten-year-long production.

Hubris: Adidas and other brands dropped Ye after he made repeated anti-Semitic statements, before taunting Adidas and claiming it couldn’t split from him; seen in 2015 

Before being dumped by the brand Kanye had already begun publicly sparring with Adidas executives, accusing them of ‘stealing’ his ideas. 

West owns the Yeezy brand but Adidas pay him an annual royalty fee to sell the products.

Adidas, whose founder Adi Dassler belonged to the Nazi Party, found themselves coming under increasing pressure to drop Kanye after several anti-Semitic comments.

Experts have also claimed that the resale market for Yeezy’s will explode because they will not be produced in mass quantities anymore.

TMZ claimed that the resale market would skyrocket, with companies clinging onto the stock of Yeezy’s to see if Adidas would part ways with the singer.

Tamar Andrews, an educational consultant for Kanye, officially resigned earlier this month following the anti-Semitic outbursts.

In a statement to The Hollywood Reporter, the president of Temple Isaiah of LA, where Andrews is a director, said: ‘Dr. Andrews immediately resigned from Donda Academy following Ye West’s tweet.

‘Her last day was October 11, 2022 as she felt she could no longer support the organization.’