Gap Drops Kanye & Forbes Says Ye Is No Longer Close To Being a Billionare

A couple of years ago, Forbes granted Kanye West billionaire status, calculating Ye was worth $1.3 billion.

Ye's latest round of controversial and trolly comments have cost him deals with Balenciaga, Adidas, and Vogue and have seen him dropped from his talent agency and his bank.

In light of all of that, Forbes has recalculated Ye's worth, downgrading him to $400 million.

Which is more than you or me, but not very close to a billion.

In addition, today Gap announced that it was removing all Yeezy Gap products from stores and shutting down the Yeezy Gap website.

Kanye actually moved to terminate his deal with Gap last month.

But instead of selling the leftover merchandise from their shuttered venture on the clearance rack, Gap has decided to remove all evidence they ever did business with Ye and take that loss.

Something more and more entities are opting to do.