Kanye West revealed that he lost $2 billion in one day

Kanye West revealed that he lost  billion in one day

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On Tuesday, Adidaswhich distributed the fashion line Yeezy de West, terminated its agreement with West, a move it estimates will impact its bottom line of up to $246 million this year alone.

In a statement, the sportswear brand, referring to West by his pseudonym “Ye”, said: “Adidas does not tolerate anti-Semitism and any other type of hate speech. Ye’s recent comments and actions have been unacceptable, hateful, and dangerous, and violate the company’s values ​​of diversity and inclusion, mutual respect, and fairness.”

CAA stopped representing West amid a growing call to boycott the rapper’s controversial comments about the Jewish people, which led to his Twitter and Instagram accounts being restricted. Over the weekend, his comments also encouraged a group of protesters in Los Angeles to give Nazi salutes on the 405 freeway, hanging a banner that read: “Kanye is right about the Jews.”

Additionally, an entire documentary about West has been removed in light of his recent anti-Semitic comments, according to studio executives. MRC Modi Wiczyk, asif satchu Y Scott tenley.

Entertainment industry figures including Emanuel and Bob Gersh of the Gersh AgencyThey urged companies working with West to cut ties with the rapper.

Source: Ambito

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