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Kanye West says he lost $2billion in one day: “The money is not who I am”
NME ^ | 27th October 2022 | Charlotte Krol

Posted on 10/27/2022 7:43:01 PM PDT by nickcarraway

The controversial rapper and businessman says people are more important to him

Kanye West has responded to having several of his major partnerships dropped in recent weeks in the wake of his anti-Semitic comments.

The rapper and entrepreneur has seen fashion deals with Adidas and Balenciaga terminated – as well as partnerships with the talent agency Creative Arts Agency (CAA) and Hollywood production company and financiers, MRC – pulled in response to his behaviour.

Today (October 27) on what appears to be his recently reinstated Instagram account, Ye has reacted to the fall-out by saying that “the money is not who I am”.

“Ari Emanuel. I lost 2 billion dollars in one day. And I’m still alive. This is love speech. I still love you. God still loves you. The money is not who I am. The people is who I am,” West wrote.

Ye’s message comes days after Emanuel, who is the CEO of media company Endeavor, urged in a Financial Times article for companies to stop doing business with the rapper.

West also posted a meme that reads, “Ye has reportedly cut ties with Kanye West”, which is a nod to the numerous corporate partnerships he’s lost in recent days.

It follows TJ Maxx and Foot Locker becoming the latest companies to cut ties with West – and Skechers refusing to engage him in potentially establishing them. The brands are taking a stance against the rapper’s comments, which have been heavily criticised as anti-Semitic.

In a statement shared with CNN, a representative for TJ Maxx said the retailer “do[es] not tolerate discrimination, harassment, or hate of any kind”. They confirmed that the company would cease stocking Yeezy branded products in all of its worldwide markets (spanning over 4,500 stores), continuing: “We have instructed our buying teams not to purchase this merchandise for sale in any of our stores globally.”

Foot Locker similarly made it clear that West’s recent conduct was to blame for his Yeezy Gap products being pulled from shelves. Also speaking to CNN, a representative said: “Our former partner’s recent remarks and behavior further underscore why we are taking immediate steps to remove Yeezy Gap product from our stores.”

Additionally, Ye’s Donda Academy has reportedly closed with immediate effect.

Earlier this week Adidas ended its partnership with West over his anti-Semitic comments. As a result, the rapper’s net worth dropped from $2billion to $400million.

Many artists, celebrities, politicians and organisations have publicly condemned West over his recent remarks including Jack Antonoff, John Legend and David Schwimmer.

West has repeatedly denied that his comments about Jewish people are racist. While he has refused to accept that the term “anti-Semitism” exists because he claims it’s “not factual”, he has since offered something of an “apology” to those whom he’s offended with his comments.

The rapper’s current ream of controversies stemmed from a stunt earlier this month at Paris Fashion Week, where West wore a shirt emblazoned with the white nationalist dogwhistle “White Lives Matter”.

West was heavily criticised for the tone-deaf move, leading him to double, triple and quadruple down on his viewpoint.

In the process – publicly responding to a call-out from Sean ‘Diddy’ Combs – West made an anti-Semitic comment on Instagram, after which he was booted from the platform. His Twitter account was also locked.

However, both of his accounts on the platforms appear to have been reinstated.


TOPICS: Business/Economy; Culture/Society; News/Current Events; Politics/Elections
KEYWORDS: business; kanyewest; money; whocares
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1 posted on 10/27/2022 7:43:01 PM PDT by nickcarraway
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To: nickcarraway

But you better bake that fooken cake...


2 posted on 10/27/2022 7:43:41 PM PDT by 2banana (Common ground with islamic terrorists-they want to die for allah and we want to arrange the meeting)
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To: nickcarraway

Troubled guy, like a lot of creative geniuses - he has psychiatric problems and his ex-wife, at least, should do everything in her power to get him some help before he completely squanders their children’s future wealth.


3 posted on 10/27/2022 7:45:35 PM PDT by AnotherUnixGeek
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To: All

Aannddd Social Media claims another victim.


4 posted on 10/27/2022 7:46:18 PM PDT by BipolarBob (I was born into this world with nothing . . and I still have most of it .)
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To: nickcarraway

“...the money is not who I am...”

He’s right. Money has no intelligence at all and is not capable of stupid. See the comparison?

wy69


5 posted on 10/27/2022 7:48:24 PM PDT by whitney69
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To: AnotherUnixGeek
Troubled guy, like a lot of creative geniuses - he has psychiatric problems

Because he wore a T shirt that said White Lives Matter?

Seriously?

6 posted on 10/27/2022 7:50:00 PM PDT by ProudGOP
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To: All

This will teach Kanye a lesson to not say Jews are behind cancel culture . lol


7 posted on 10/27/2022 7:52:39 PM PDT by escapefromboston (Free Chauvin)
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To: AnotherUnixGeek
he has psychiatric problems and his ex-wife, at least, should do everything in her power to get him some help before he completely squanders their children’s future wealth.

But his ex-wife is as screwed up as he is.

8 posted on 10/27/2022 7:53:10 PM PDT by Right_Wing_Madman
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To: nickcarraway

“The money is not who I am.”

Says the same guy who told Piers Morgan a few days ago that he doesn’t take advice from anyone whose net worth is less than his.


9 posted on 10/27/2022 7:54:00 PM PDT by Mr. Mojo
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To: whitney69

How could one not have a bit of “I like that guy,” when hearing him speak his mind?
I hope that he gets his billions back.
“Money.” is never who you are.


10 posted on 10/27/2022 7:54:22 PM PDT by BatGuano (2020 = Stolen Election. Believe it! Molon Labe.)
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To: nickcarraway
Hey Kanye, you like fish sticks?


11 posted on 10/27/2022 7:54:41 PM PDT by Magnum44 (...against all enemies, foreign and domestic... )
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To: AnotherUnixGeek

Those kids are going to need all that money for therapy.


12 posted on 10/27/2022 7:54:56 PM PDT by nickcarraway
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To: nickcarraway

That’s chump change. Ask Mark Zuckerberg what a real loss looks like...


13 posted on 10/27/2022 7:55:14 PM PDT by politicket
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To: nickcarraway

Just for speaking his mind.


14 posted on 10/27/2022 7:58:47 PM PDT by fella ("As it was before Noah so shall it be again,")
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To: nickcarraway

He never had that $2 billion. That was just potential if it was true amount.


15 posted on 10/27/2022 8:09:26 PM PDT by minnesota_bound (Need more money to buy everything now)
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To: nickcarraway

This is so funny.
Yet all the stupid stuff brain-addled Joe Biden says and does is applauded by all the “objective” voices out there.
Kanye is in a real world of mess. Not talking about the money.
Maybe what is happening with Kanye is part of God’s dealing with him. He seemed to be heading down the path of walking with Jesus, but it didn’t SEEM to go anywhere real.
None of us can know his heart. But Kanye loses $2 billion in a week; Zuckerberg loses $100 billion in a year.
We should all take a minute and be honest about ... “Where is my treasure?”


16 posted on 10/27/2022 8:37:21 PM PDT by Honest Nigerian
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To: fella

Exactly. I understand private companies can do what they want with their money, but I find this idea of punishing people for words abhorrent.

As much as I disagree with liberals, I would never choose to censor them.


17 posted on 10/27/2022 8:39:16 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: nickcarraway

no problem. he can just write it off, probably for 1000 years. that’s what all the rich do.


18 posted on 10/27/2022 8:45:55 PM PDT by dadfly
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To: Honest Nigerian

He needs to truly meet YESHUA.


19 posted on 10/27/2022 8:51:12 PM PDT by cowboyusa (America Cowboy up! )
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To: escapefromboston

Ye is an uppity black man who got off the Democrat plantation and called out the exploitation taking place.

He erred in maligning an entire group of people rather than the specific people who took these actions.

I’ll name one. Zuckerberg spent $300 MILLION dollars funding election fraud machines that stole the Presidency and Senate. How is he not in jail?

George Soros should be in prison.

When Trump gets back in power he needs to clean out D.C. CLEAN IT OUT.


20 posted on 10/27/2022 8:56:32 PM PDT by TigerClaws
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