Kanye West Claims He Lost $2 Billion In 1 Day As He Returns To IG After Being Dropped by Adidas & More

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Kanye West let his fans know how much his recent incendiary antics have cost him… literally. On Thursday, October 27, the rapper posted on his Instagram, which has been temporarily suspended for his hateful comments and claims that he has lost a huge amount of money. 2 billion dollars in just one day. The post also includes a reference to Ari EmmanuelThe CEO of Endeavor, who has spoken out calling for businesses to cut ties with Kanye because of his hate speech.

“Ari Emanuel, I lost 2 billion dollars in one day and I am still alive,” Kanye wrote. “This is a love speech. I still love you. God still loves you. Money is not my person. Everyone is me. “

While it’s unclear exactly how much damage the Grammy winner will incur financially, Forbes reports that Kanye no longer has a spot on their billionaires list, citing the Adidas breakup as a huge loss. The newspaper reported on Tuesday that Kanye’s line of super-expensive Yeezy sneakers with the athletic apparel company is worth $1.5 billion.

The post comes after it was reported that Kanye’s Donda Academy is officially closed for the rest of the school year. Principal of an educational institution, Jason Angellsent an email to the student’s parents on Wednesday, October 26, announcing the immediate closure “at the discretion of our Founder,” according to TMZ.

The news of the closure is the latest on the “popular” rapper. Not only did Adidas, Balenciaga and his own talent manager CAA release Kanye after the outbreak, he was also escorted out of Sketchers after he appeared unannounced to promote Yeezy shoes. mine.

Last week, Ari, whom Kanye called recently, wrote in a Financial Times wrote that “Those who continue to do business with West are making the audience hate his mistake. There is no tolerance for Western anti-Semitism. This is a time in history when very high stakes and openness about our values, and living by them, is essential. Silence and inaction is not an option.”