Kanye West claims he lost $2 billion in one day to anti-Semitic rants. ‘Money Isn’t Me’ Says | English Film News

Kanye West He said Thursday he lost $2 billion in a single day as business partners rushed to dump the rapper in the wake of a string of anti-Semitic outbursts.

The music and fashion mogul has seen lucrative commercial partnerships shelved as companies such as Adidas and Gap were horrified by what they called hate speech by activists.

“I lost $2 billion in one day and I’m still alive. This is a love speech,” West, aka Ye, said in a post that was liked over a million times. I wrote on Instagram.

“I still love you. God still loves you. Money is not who I am. People are who I am. Rapper.”

German sportswear giant Adidas announced on Tuesday that it was ending its partnership with West following West’s “unacceptable, hateful and dangerous” comments.

Adidas also said it will end production of the wildly successful Yeezy line it co-designed with West and “stop all payments to Ye and his company.”

The move is expected to cut about $2.5 billion from Adidas’ revenue this year alone.

West, who has been open about his struggles with bipolar disorder, has been outspoken for a long time, half-heartedly running for president of the United States in 2020 and then throwing his weight behind. donald trump.

His willingness to transcend indifference is a double-edged sword for business partners.

While West has survived previous comments, such as when he called slavery a “choice,” this month a shirt emblazoned with “White Lives Matter,” a slogan created as a reaction to Black Lives. Things began to unravel when she appeared at a Paris fashion show wearing mass transfer.

A few days later, he was temporarily banned from Twitter and Instagram for using a misspelled reference to US military readiness to threaten to “perform Death Con 3 on the Jews.”

It apparently caused alarm, including from his ex-wife Kim Kardashianin a post not naming West, wrote on social media, “Hate speech is never OK or an excuse.”

Last weekend, banners hung on a busy Los Angeles highway that read, “Kanye is right about Jews,” and “If you know, sound your horn.” Several people were photographed doing the “Heil Hitler” salute.

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Hours after Adidas’ announcement, US company Gap said it was taking “immediate steps to remove Yeezy Gap products from its stores” in addition to shutting down YeezyGap.com.

Paris-based fashion house balenciaga It also ended its relationship with the rapper last week, saying, “We have no future project plans or relationships associated with this artist.”

CAA, one of Hollywood’s biggest talent agencies, said it was pulling West out, while film and television producer MRC said it was shelving a documentary about the artist that had already been completed.

West was escorted from the offices of the shoe company Skechers in Los Angeles on Wednesday after he turned up uninvited with a film crew, the company said.

https://timesofindia.indiatimes.com/entertainment/english/music/news/kanye-west-claims-he-lost-2-billion-in-single-day-over-anti-semitic-rants-says-money-is-not-who-i-am/articleshow/95137070.cms Kanye West claims he lost $2 billion in one day to anti-Semitic rants. ‘Money Isn’t Me’ Says | English Film News

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