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Ye, formerly known as Kanye West, has revealed that he lost $2 billion in a day following his alleged anti-Semitic remarks.
Kanye returned to Instagram for the first time since his account was locked to announce that he had lost “2 billion dollars in one day.”
It is worth mentioning that major brands, including Adidas, severed ties with Ye this week due to antisemitic remarks made by the artist.
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Earlier, Ye’s Instagram and Twitter accounts were restricted after he made a number of offensive and antisemitic posts, including a tweet in which he said: “I’m going death con 3 on Jewish people.”
Several brands have cut ties with Ye in response to his behavior — including Adidas, which this week ended its $1.5 billion partnership with him.
Ye’s Instagram post was directed at Ari Emmanuel, CEO of entertainment and media agency Endeavor, who wrote an op-ed urging business to take a stand against Ye.
Following the backlash that his remarks received, the Praise God singer told Piers Morgan that he didn’t regret posting the antisemitic tweet, however, he was sorry to hurt people’s sentiments.