Kanye West Drops Off Forbes Billionaires' List After Adidas Cuts Ties

Kanye West

Photographer: Angela Weiss/Getty Images
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Kanye West has lost his spot on the Forbes billionaires' list after Adidas ended its partnership with the rapper.

The contract with the German sportswear company accounted for around 1.5 billion dollars (£1.3 billion), according to the US business magazine.