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Kanye’s sickening rant loses him billionaire status as brands cut ties with him

Kanye West has recently found himself in hot water once again, with many major brands severing ties with the star following his bouts of offensive behaviour and anti-Semitic comments

American rapper Kanye West, who changed his name to Ye in 2021, has caused a noticeable stir online in recent days due to controversial comments he made while on a podcast.

The comments have led some of the world’s biggest brands stop working with the rapper, including adidas which makes his Yeezy trainer brand.

The sportswear company, which was criticised for not acting sooner, said ending the partnership with Ye would have a “short-term negative impact” of up to $250m (£218m) on its net income this year.

But why have adidas and Balenciaga cut ties with the rapper?

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