Kanye West’s anti-Semitic comments made him a non Billionaire, All Losses with Impact Explained In detail (100% Updated)

Kanye West

Kanye West has recently been in a lot of discussions and facing a lot of criticism. He may never see this much criticism and losses in his entire life. Everything seems against him as if nothing good has happened. This all came out after the anti-Semitic comments made by Kanye West, currently changed to ‘Ye’ in the past few weeks.

Big celebrities even didn’t like his movements and actions. His white lives Matter has been a big reason for all his losses and criticism. Kanye West has lost his talent representation, deals with major fashion houses, and relationships in the music industry in the past two weeks.

Problems began for Kanye West when George Floyd’s family announced plans to sue over comments made against them. Many also condemned Kanye West for his harassment of his ex-wife Kim Kardashian as well as her ex-boyfriend, comedian Pete Davidson.

Kanye West was widely criticized for presenting a T-shirt at Paris Fashion Week with the slogan “White Lives Matter” and then publicly insulting a Black Vogue fashion editor.

He was suspended from Instagram and later from Twitter for his posts directed at the Jewish community. Ye’s comments were criticized by entertainment figures including David Schwimmer, John Legend, Jack Antonoff, and Kiss’ Paul Stanley.

Due to all this Kanye has seen a very bad phase of his life. Here are details of everything he has lost and the impacts of all these on his career.

What did Def Jam Recordings say?

After the anti-Blank and antisemitic comments made by Kanye, nothing seems in his favor. As Per reports and sources, Def Jam has said that G.O.O.D. Music is no longer affiliated with Def Jam. The rapper’s deal with the label reportedly ended at the 2021 release of Donda.

Ye (Kanye west) first released music under the Rock-A-Fella imprint with Def Jam with their 2003 debut single, “Through the Wire”. He launched G.O.O.D. Music in 2004. The deal of G.O.O.D with Def Jam began in 2004 with the release of his debut solo album The College Dropout. The label had distributed every project for Kanye through the years. Ye’s G.O.O.D Music has released music by artists including Pusha T, Big Sean, and John legend. For Kanye West, being fired from Def Jam Recordings could prove to be a huge blow. This is a big change in his career.

What was the Adidas decision over Kanye west?

After Def Jam Recordings made its decision to end its partnership with Kanye west now called ‘Ye’, Adidas has also made its decision. Adidas announces to cut ties with Kanye west. They said the company 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, Company said in a statement.

According to Forbes, the deal with the German athletic company accounts for $1.5 billion of Kanye’s net worth, so without it, he is worth $400 million. That is Kanye West lost his billionaire status after Adidas terminated its partnership with him. Now He will no more a billionaire and has no name list in the Forbes list also. 

Kanye West had worked with Adidas on their Yeezy sneakers line since 2013. Sales and production of Kanye’d Yeezy brand products have ceased as well as payments to Ye and their companies have been stopped. In 2016, Adidas expanded its relationship with the Ye, calling it “the most significant partnership ever between a non-athlete and an athletic brand”. “Ultimately, Adidas’ actions send a message that anti-Semitism and bigotry have no place in society.”

Effect on Kanye West and Donda Sports

 Kanye West’s anti-Semitic comments have led him to face loss and disappointment in the sports world also. Kanye West has always been a major figure in music and entertainment. He has created a buzz in the sports world with the launch of his new company Donda Sports. Donda Sports is a full-service sports management company that provides services for athletes including contract negotiation, marketing, and public relations. The company also works with brands and businesses to create partnerships and sponsorships. Aaron Donald of the LA Rams and Jaylen Brown of the Boston Celtics are the two stars signing the company. 

Recently Kanye West and Donda Sports have seen a huge loss as two of its biggest signings left the company. 

Aaron Donald and Jaylen Brown have decided to drop Donda Sports due to the ongoing situation. But despite all this one of the members isn’t going anywhere. Antonio Brown said in a statement, “Over the past few weeks the world’s reactionary and selective outrage at comments in the media made by my brother, Ye, have inflamed and sparked rampant conversation and reflection. “As the President of Donda Sports, I remain”.

Most people are stunned to learn that Brown is actually the president of Donda Sports. “Not surprising at all to see AB stick with Donda,” one fan said.

Kanye West is facing intense backlash over his recent antitrust comments, with several companies and brands announcing that they will no longer do business with the rapper or his brand Yeezy. 

Balenciaga

The French fashion house, which had a long-standing working relationship with West, also announced that it would break up with the rapper after her anti-remarks.

“Balenciaga has no longer any relationship nor any plans for future projects related to this artist,” Balenciaga’s said in a statement.

Also, a lot of Companies have ended their partnership with Kanye West and his brands. This all has caused a lot of decrement in his lifestyle and his status. Even Day by day his image is getting down. Companies like Vogue, MRC, Foot Locker, TJ Maxx, and others have decided to end partnerships and contracts with Kanye West. 

Vogue

Vogue said in a statement that  West no longer has a relationship with Vogue, with neither the publication nor editor-in-chief Anna Wintour intending to work with the rapper. “They made it very clear inside Vogue that Kanye is no longer part of the inner circle.”

TJ Maxx

“At TJX we do not tolerate discrimination, harassment, or hate of any kind. We have instructed our buying teams not to purchase this merchandise for sale in any of our stores globally”. TJ Maxx joins a growing number of companies that will no longer work with West.

What did The Skechers say about Kanye West?

Over this ongoing situation, Nothing seems in favor of Kanye West. Skechers said in a statement they took musician Kanye West out of a building in Los Angeles. Athletic shoe company Skechers said Kanye arrived unannounced and without invitation and was doing “unauthorized filming”. 

“Skechers is not considering and has no intention of working with Kanye West, “We condemn his recent divisive remarks and do not tolerate antisemitism or any other form of hate speech, the company said in a statement.

So here were all the details of What Kanye West lost and the effect that in his career.