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Daily Mirror

Entertainment

Scarlett O'Toole

Kanye West drops off Forbes billionaires' list following Adidas partnership loss

Kanye West Adidas Kim Kardashian Yeezy

Kanye West has lost his spot on the Forbes billionaires' list after Adidas confirmed they have terminated their partnership with the rapper.

The German sportswear company branded Ye's racist tweets as "unacceptable, hateful and dangerous". They join Gap Inc. and Kering SA’s Balenciaga fashion label in cutting ties with the 45-year-old.

Ye's contract with Adidas accounted for around $1.5billion (£1.3billion), according to the US business magazine.

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Top stories on inkl right now

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A Dallas County man in his 60s has died of West Nile virus, the county's first death of 2026. Officials urge residents to keep using repellent.

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

UN says Pentagon plan to livestream execution of Fort Hood shooter would amount to torture – US politics live

Condemnation comes amid fierce backlash from US lawmakers who branded the move ‘grotesque’ and compared it to actions of some terror groups and oppressive governments

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