How Kanye West's Antisemitic Comments Lost Him His Billionaire Status as Brands Cut Ties

Mar. 15, 2025

The 43-year-old rapper, who was worth$6.6 billionas of March 2021, is now worth $400 million according toForbes— money that comes from his several real estate properties, music catalog, cash and a 5% stake in ex-wifeKim Kardashian’s Skims shapewear brand.

Kanye West.Gilbert Carrasquillo/GC Images

Gap’s partnership with his Yeezy brand alsoended last month. At the time,The Wall Street Journalreported West’s attorneys initiated the deal’s termination.

On Tuesday, however, Gap released a statement confirming West’s “recent remarks and behavior” are the reason for the contract’s termination. “Antisemitism, racism and hate in any form are inexcusable and not tolerated in accordance with our values,” continued the brand’s statement.

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So, what are West’s current assets and their values?

RELATED VIDEO:Kim KardashianSpeaks Out After ExKanye West’s Antisemitic Remarks: ‘Hate Speech Is Never OK’

Fashion

West’s relationship with Adidas began in 2013, andForbesreported on Tuesday that West’s Adidas deal accounted for $1.5 billion of his net worth — though the musician has claimed the partnership was actually worth $4.3 billion.Bloombergreported similar numbers in March 2021, writing that the deal was valued at a number between $3.2 billion to $4.7 billion. The publication also reported that Adidas will absorb up to$247 millionin a hit to the corporation’s earnings as a result of ending the deal.

His Yeezy brand’s deal with Gap, which was announced in 2020, was initially meant to last 10 years and generate $1 billion in yearly sales. However, the Yeezy Gap in-store launch date was repeatedly pushed back, and only two products (exclusively sold online) were actually produced before it was terminated in September, according toThe New York Times.

Kanye West.Rindoff/Dufour/Getty

West announced via a September interview withBloombergthat he was already planning to “go it alone” and end his partnerships with Gap and Adidas. “No one should be held in that position where people can steal from them and say, ‘We’re just paying you to shut up,'” West said to Bloomberg. “Now it’s time for Ye to make the new industry. No more companies standing in between me and the audience.”

Kanye West.Brad Barket/Getty for Fast Company

Music

The exact value of West and his G.O.O.D. Music record label imprint’s contract with Def Jam was unknown, but it seems the rapper’s music-based revenue has dropped in recent years. The musician hasn’t completed a full-length concert tour since the Yeezus Tour — which grossed over $31 million — wrapped in 2014. His subsequent Saint Pablo Tourreportedly raked in over $51 million, but West canceled nearly two dozen dates at the end of the tour due to stress and exhaustion and provided refunds to ticket holders.

He’s since rarely held traditional concerts, with most of his performances being one-off dates and Sunday Services — which he said has cost him $50 million on a 2020 episode ofNick Cannon’s podcast. Last year, West also withdrew from a planned headlining performance at Coachella.

Kanye West.Kevin Mazur/Getty Images

Properties

West’s biggest assets, it now seems, are his several luxury homes and the money he’s made from selling them. In 2014, he bought a $20 million house in Hidden Hills, California for Kardashian, 42, and their children — North, 9, Saint, 6, Chicago, 4, and Psalm, 3 — which she bought from him for $23 million last year amid their divorce, per theNew York Post.

He currently owns aranch near Cody, Wyoming, which was originally referred to as “Monster Lake Ranch,” then renamed “West Lake Ranch” and informally, “Yeezy Campus,” which was purchased in 2019 for $14 million. It’s been on sale for $11 million since October 2021, but the property has not sold. Also in 2019, West bought another$14 million propertycalled “Bighorn Mountain Ranch” and a giant warehouse near Greybull, which he still owns.

The following month, he reportedly purchased a luxury home in Wijnegem, Belgium, a suburb of Antwerp, according toDaily Mail. Its price is unknown.

In December 2021, after Kardashian purchased the Hidden Hills home, West then bought one of his own right across the street for $4.5 million — a “teardown” built in 1955. At the time, sources toldPEOPLEhe planned to build on the property, though it’s unclear if the process has begun.

Kanye West.Ronald Martinez/Getty

Presidential Campaign

Another source of West’s spending was hisinfamous failed 2020 presidential campaign, for which he contributed nearly $12.5 million of his own money while raising a little more than $2 million from outside donors, according to his finalFederal Election Commission report.

In all, the rapper and designer raised $14.5 million to fund his late-in-the-cycle bid, in which he barely qualified for the ballot in a dozen states and earned only about 66,000 votes nationally.

After losing the election in November 2020 after receiving about 66,000 votes nationally, West took to Twitter and wrote, “KANYE 2024.” He ended his run with about $1.3 million in the bank.

It’s unclear if he’ll follow through in the next presidential election, though he did tease a 2024 campaign in a recent song with Future titled “Keep It Burnin,” which was released in April. “When you run for ‘24, I bet your spouse gon’ be with you / Who put this together? Me, that’s who,” rapped West on the track.

Purchases

source: people.com