For his anti-Semitic comments, Kanye West says he lost two billion dollars in one day

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Rapper Kanye West spoke after several international brands terminated their contracts with him due to racist comments he made during an interview. Among the companies that no longer want him as their representative are Adidas, CAA, MRC and Balenciaga. According to him, therefore, lost two billion dollars in one day.

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“Ari Emmanuel: I lost $ 2 billion in one day. And I’m still alive. This is a love talk. I still love you. God still loves you. Money is not what I am. people are who I amWest wrote in a post on his Instagram account, where he has 18.4 million followers.

The post comes just days after Ari Emanuel, CEO of Endeavor and one of Hollywood’s most influential agents and managers, urged companies to stop doing business with Kanye West.

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In another post, West also appealed to a meme that reads “You have reportedly severed ties with Kanye West,” a blow to the many corporate partnerships he has lost in the past few days. Ye is the name by which the rapper also calls himself.

This week Adidas, which released West’s Yeezy fashion line, closed its deal with West, a move it estimates will have a huge impact as it risks losing up to $ 246 million this year alone.

In a statement, the sportswear brand, referring to West under its pseudonym “Ye”, said: “Adidas does not tolerate anti-Semitism and any other type of hate speech. Ye’s recent comments and actions have been unacceptable, hateful and dangerous and violate the company’s values ​​of diversity and inclusion, mutual respect and fairness. “

Admiration for Hitler

For its part, the CAA stopped representing the West amid a growing controversy that included a call to boycott the rapper for controversial comments he made about the Jewish people, which led to his their Twitter and Instagram accounts were limited. On several occasions, West has expressed his admiration for Adolf Hitler, among other more than controversial views.

Over the weekend, your comments too encouraged a group of protesters in Los Angeles to deliver Nazi greetings on the 405 freeway, from where they hung a banner that read: “Kanye is right about the Jews.”

Canceled documentary

Among the fallout from West’s anti-Semitic remarks, an entire documentary about West was also removed, at the decision of MRC studio executives Modi Wiczyk Asif Satchu and Scott Tenley, who recently announced the move in a statement.

“This morning, after discussions with our directors and distribution partners, we have decided not to proceed with any distribution of our recently completed documentary on Kanye West,” wrote the trio. “We cannot support any content that amplifies your platform“.

CAA ditched West, and the cancellation of his documentary comes after UTA CEO Jeremy Zimmer sent a corporate-wide memo denouncing anti-Semitism and calling for a boycott of West. The rapper was briefly a client of UTA, but returned to AAC after a year.

Other influential figures in the entertainment industry, such as Emanuel and Bob Gersh of the Gersh Agency, have urged companies working with West to cut ties with the rapper.

Meanwhile, Kim KardashianWest’s ex-wife also released a brief statement via Twitter, where she said: “IHate speech is never acceptable or justified. I join the Jewish community and ask for the terrible violence and hateful rhetoric against them to end immediately. “

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Source: Clarin

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