Elon Musk51, and Kanye West45, are two wealthy individuals who had a significant change in their income this year, affecting their positions in the Forbes’37th Annual Billionaires List. The Tesla CEO fell from first place last year to second place this year after buying popular social media platform Twitter for a staggering $44 billion. Ye’s declining income, as a result of many supporters cutting ties with him after his anti-Semitic public comments, led to his cancellation altogether.
The person who took Elon’s place on the list is Bernard Arnault, chairman of French luxury goods giant LVMH, owner of big brands including Louis Vuitton, Christian Dior and Tiffany & Co., is valued up $50 billion, leaving it at $211 billion. Elon’s net worth closed at $180 billion, down $39 billion from last year. Forbes informed.
Kanye, on the other hand, stopped being a billionaire after Adidas, the company he’s worked with on his Yeezy sneaker line since 2013, dropped him in 2022, according to Forbes. The association with the big company apparently represented $1.5 billion of his net worth, so the ending was a big deal and appeared to be a direct result of Kanye publicly saying, “I can tell he’s anti-Semitic, and Adidas no.”. . “leave mine”
Shortly after Kanye’s core partnership with Adidas ended, the company released a statement supporting its decision to part ways with the rapper. “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,” the company said in a press release.
“After a thorough review, the company has made the decision to immediately terminate its partnership with Ye, cease production of Yeezy-branded products, and stop all payments to Ye and its companies,” they added. “Adidas will discontinue the Adidas Yeezy business effective immediately.”
Besides Elon and Bernard this year Forbes The list of billionaires includes 150 newcomers. Some of them include NBA stars. lebron james fashion designer Tom Fordand professional golfer tiger forest.
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Source: Hollywood Life
Ashley Root is an author and celebrity journalist who writes for The Fashion Vibes. With a keen eye for all things celebrity, Ashley is always up-to-date on the latest gossip and trends in the world of entertainment.
