Kanye West

Billioniare or fraud By TheFanNJ

Kanye West has been in the news lately for his outburst on a hiphop show called Drink Champs. While the artist fromerly known as Ye, who has a birth name of Kanye West– constantly refers to himself by his alter ego, whenever he steps in political manure; has been canceled by the media for using a term Deathcon 3.

Kayne West, the name Donda West gave him, is what we will call him; for about 1 year wanted out of his deal with Addidas. The reason why he wanted out was the fact that the company openly stole his designs, and openly (like directly) in his face Yeezy shoes, without his permission and his rights to payment.

Mr. West went on a hiphop show and complained that he was at war with Addidaas and then he implied that he was a jew about to go Deathcon 3. That immediately took shock ways into the world of the media and canceled Kanye West. For week, the news has been going overboard on canceling Kanye. Addidas, liking the news of Kanye being in the spotlight in a negative point of view, canceled the contract they had with him. Forbes Magazine in the middle of this process, lowered his ratings. The ratings and news press showed that Ye, lost his billionaires status.

After a few weeks of public embarrassment, and every platform canceling him, an independent study done by Morgan Stanley has shown — Mr. West is still a billionaire and it was Addidas that lost out on the deal.

Kanye West at the end of December of 2022 will earn in revenue from Addidas $1.8 billion dollars, and the numbers will continue to rise — since his contract with the company doesn’t end until September of 2023. In the financial world that is 4 quarters of business cycles.

So Kanye West, will still likely earn $550 million from Addidas in 2023: plus Ye, has mentioned he will sue Addidas for stealing his inventions. And he has a good case on his hands based on his mental stability during the time of his cancelation of his contract, and the dirty tactics Addidas has done in order to swindle patents to his designs on his creations. Fans who like Kanye West, and many fans who don’t like him have come to his defense, based on the actions of Addidas, and not his outburst. And we agree. Addidas, should be called out and hit hard for doing what the company has been doing for 100 years, robbing artist of their work, and promoting hate.