Kanye loses billionaire status, 50% of net worth after Adidas cuts ties
According to Forbes Magazine, the loss of West's $1.5 billion deal with Adidas has left him with a net worth of just $400 million.
Kanye West at Milk Studios on June 28, 2016 in Hollywood, California. adidas and Kanye West announce the future of their partnership: adidas + KANYE WEST(photo credit: JONATHAN LEIBSON/GETTY IMAGES FOR ADIDAS)Updated: