Kanye West no longer a billionaire after Adidas cuts ties

Ye West
(Image credit: (Photo by Rachpoot/Bauer-Griffin/GC Images))

Kanye West's empire has now crumbled to the point that he is "no longer a billionaire," Forbes reported.

The rapper, who is legally known as Ye, officially lost his billionaire status on Tuesday when he was dropped by Adidas — in addition to several other brands including Gap and Balenciaga — for making antisemitic statements.

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