Of course Ye never had a billion in the bank, that’s not what net worth is... its an estimate of all your assets and everything you own and most of his Yeezy brand was tied to established megacorporate cac owned and operated heritage brands like Adidas, Balenciaga and Gap. We don’t even give anything props nowadays unless it’s a cac owned heritage brand.
Heritage brands that don’t really need black dollars at the end of the day and aren’t afraid to openly diss black people with thinly veiled openly racist designs (i.e. Gucci, Moncler, Burberry).
All the black owned brands that earned millions of dollars a year from the 90’s were sent to Marshall’s, Sears, Macy’s, Walmart and Burlington Coat Factory to die. And all of the nonblack brands that relied on black dollars died when black folks stopped fukking with them (i.e. Girbaud) or black entrepreneurs bought them when they were dying and then they died. Even Michael Jordan is tied to Nike at the end of the day.
People clowned Master P for releasing ugly sneakers back in the day, but if them shyts had a Nike logo, shyt even a Reebok logo on em, nikkas would be saying they were fresh or begging them to be retro’d. But at least P had complete ownership of them shyts. As if most J’s ain’t ugly as hell, especially after the 7... J’s only sold because they were tied to the legacy of Jordan and the price point that made them a status symbol in the economically blasted inner cities in the 80’s and 90’s.
Yeezy can’t sell clothes or shoes on his own. Nobody was buying his homeless Yeezy clothes unless they were tied to Gap or Balenci. All his net worth came from his Adidas designs. Now that he’s lost his “richest black man in America” mystique, his bummy surrounded by yes men crazy beggar at the intersection aesthetic just makes him look dusty, old and crazy.
He hasn’t paid taxes yet for this year which is further going to hurt his pockets plus all the incoming lawsuits in an era where you can be finessed out of millions for running your mouth.