The father-of-four's wealth could plummet to below $1billion after the termination with the brand, which comes after several other lucrative deals have been dropped.
Adidas announced that they would be terminating their partnership in a statement, with the sportswear maker having put it's deal with Ye under review.
They claim that they made repeated efforts earlier this month 'to privately resolve the situation.'
GAP have also condemned West's comments, saying that they are taking 'immediate steps' to remove Yeezy GAP products from their stores and shut down their website.
Universal Music's Def Jam has also condemned West's comments, after splitting with the rapper last year.
Ye has courted controversy in recent months by publicly ending major corporate tie-ups, as well as for a series of outbursts on social media against other celebrities (Kanye West pictured October 21, 2022)
German sporting goods behemoth Adidas has terminated its partnership with Kanye West amid controversial behavior from the American rapper and designer. A statement posted in the media section of its website called his comments 'unacceptable, hateful and dangerous'