<h2 class="wp-block-heading" id="h-topline">TOPLINE</h2>



Adidas is considering writing off its remaining inventory of Yeezy merchandise, valued at $320 million by the company, chief executive Bjorn Gulden said Wednesday—as the German footwear firm separates from the brand designed by Kanye West, who lost his partnership with Adidas following a string of antisemitic remarks.



<h2 class="wp-block-heading">KEY FACTS</h2>



Gulden said Wednesday that a scenario in which the company writes off its Yeezy inventory is “financially the worst case,” according to the&nbsp;<a href="https://apnews.com/article/adidas-ye-kanye-west-antisemitism-df2df5a6489beba1a23ffefa6acc98c3" target="_blank" rel="noreferrer noopener">Associated Press</a>.



The company has sold hundreds of millions of dollars’ worth of leftover Yeezy shoes, and Gulden reportedly said “we of course hope we can do more drops next year and we can get more value out of it and donate the proceeds,” but no decision has been made.



Gulden also said the company had stored its Yeezy inventory in several locations and declined to say what the company would do if the inventory remained unsold.



Adidas included a possible write-off of the Yeezy inventory in its&nbsp;<a href="https://www.adidas-group.com/en/media/news-archive/press-releases/2023/adidas-reports-revenue-increase-in-the-third-quarter-underlying-b/" target="_blank" rel="noreferrer noopener">outlook</a>&nbsp;Wednesday for its earnings this year, suggesting in its full-year guidance that it expects about $106 million in operating losses this year after a previous prediction of a $481 million loss.



Shares for&nbsp;<a href="https://finance.yahoo.com/quote/ADDYY" target="_blank" rel="noreferrer noopener">Adidas</a>&nbsp;fell slightly (2%) to $90.46 after the company released its third-quarter earnings&nbsp;<a href="https://www.adidas-group.com/en/media/news-archive/press-releases/2023/adidas-reports-revenue-increase-in-the-third-quarter-underlying-b/" target="_blank" rel="noreferrer noopener">report</a>.



Adidas reported a 6% increase in footwear revenue year-over-year and a 6% decline in apparel sales, while the company’s revenue declined 6% to $6.4 billion.



<h2 class="wp-block-heading">BIG NUMBER</h2>



$374.7 million. That’s how much revenue Adidas generated from Yeezy sales through the third quarter. Yeezy merchandise generated about <a href="https://www.forbes.com/sites/siladityaray/2023/08/03/adidas-sold-437-million-worth-of-yeezys-in-second-quarter-of-2023/?sh=36ab3bd526f4">$437 million</a> in revenue in the second quarter, which Adidas said was in line with Yeezy sales during the same quarter last year. The company generated $1.28 billion from Yeezy sales through all of last year.



<h2 class="wp-block-heading">KEY BACKGROUND</h2>



Adidas ended its partnership with West last year after the rapper made a series of antisemitic comments on social media. The company announced earlier this year it would start selling some of its remaining Yeezy inventory—valued then at $1.28 billion—and donate a “significant amount” of sales to organizations combating racism and antisemitism. Adidas&nbsp;<a href="https://www.forbes.com/sites/siladityaray/2023/08/03/adidas-sold-437-million-worth-of-yeezys-in-second-quarter-of-2023/?sh=1f97832526f4">previously</a>&nbsp;explored a write-off of its remaining Yeezy inventory in August, which the sportswear firm estimated the write-off would cost the company an additional $437 million. Adidas similarly estimated its “discontinuation of the regular Yeezy business” cost the company about $437 million in the first half of 2023. A write-off would reduce the value of the brand in Adidas’s financial statements.



<h2 class="wp-block-heading">FURTHER READING</h2>



<a href="https://www.forbes.com/sites/antoniopequenoiv/2023/10/17/adidas-cuts-projected-losses-by-over-300-million-after-selling-yeezy-shoes/?sh=1e34b8baab0a">Adidas Cuts Projected Losses By Over $300 Million After Selling Yeezy Shoes</a>&nbsp;(Forbes)

Street Style – Paris Fashion Week – Menswear Spring/Summer 2024 : Day Six

Adidas Could Write Off Value Of Unsold Yeezy Inventory—Worth $320 Million

Hip hop heavyweight and unlikely presidential candidate <a href="https://www.forbes.com/profile/kanye-west/#99f4e0256f16">Kanye West</a> has released a religion-steeped campaign ad that calls for voters to write his name in on their ballots and urges Americans to “revive our nation’s commitment to faith,” as West says in the spot.



<h4 class="wp-block-heading">KEY FACTS</h4>



With less than a month to go until Election Day, West dropped a new nearly one-minute-and-30-second advertisement that heavily featured the themes of prayer and religion.



“We as a people will revive our nation’s commitment to faith, to what our constitution calls the free exercise of religion, including, of course, prayer,” West says in the ad. “Through prayer, faith can be restored.”



West, a devout Christian, has been open about his beliefs throughout his relatively short run for president—he even reportedly asked political to&nbsp;<a href="https://www.forbes.com/sites/carlieporterfield/2020/09/16/kanye-west-reportedly-asked-campaign-staffers-to-refrain-from-fornicating-outside-marriage/#35d914334736">refrain from extramarital sex</a>&nbsp;while working on his campaign.



“By turning to faith, we will be the kind of nation, the kind of people, God intends us to be,” West said in the ad.



At the end of the ad, the written message to “<a href="https://twitter.com/kanyewest/status/1315766834046541825?s=20" target="_blank" rel="noreferrer noopener">write in Kanye West</a>” appears to be a concession to the fact that it is mathematically impossible for him to win the election because of his campaign’s late start in July, which has allowed him to qualify for&nbsp;<a href="https://www.forbes.com/sites/elanagross/2020/09/08/kanye-west-now-on-ballot-in-12-states-after-qualifying-in-mississippi/#72023207712c">the ballot</a>&nbsp;in just a handful of states.



During an August interview with Forbes, when the fact was raised that it was virtually impossible for him to win, West replied, “I’m not going to argue with you. <a href="https://www.forbes.com/sites/randalllane/2020/08/06/exclusive-kanye-west-indicates-that-his-spoiler-campaign-is-indeed-designed-to-hurt-biden/#52b7744c6397">Jesus is King</a>.”



<figure class="wp-block-embed-twitter wp-block-embed is-type-rich is-provider-twitter"><div class="wp-block-embed__wrapper">
https://twitter.com/kanyewest/status/1315766834046541825?s=20
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<h4 class="wp-block-heading">CRUCIAL QUOTE</h4>



“We as a people are called to a greater purpose than ourselves. We are not only a beacon to the world, but we should be servants to each other,” West said in the ad. “To encourage each other, to help each other, to lift up each other. Our fellow Americans, that we may all prosper together. We have to act on faith.”



<figure class="wp-block-embed-twitter wp-block-embed is-type-rich is-provider-twitter"><div class="wp-block-embed__wrapper">
https://twitter.com/kanyewest/status/1314407219434196993?s=20
</div></figure>



<h4 class="wp-block-heading">KEY BACKGROUND</h4>



Forbes estimates West is worth <a href="https://www.forbes.com/profile/kanye-west/#99f4e0256f16">$1.3 billion</a>, thanks largely to his profitable Yeezy brand deal with sportswear giant Adidas and his separate Yeezy clothing line.



-By Carlie Porterfield, Forbes Staff

US-PEOPLE-politics-RACE-TRUMP-KANYE

Kanye West Angles For Write-In Presidential Votes With Campaign Ad Calling For Religious Revival

The Ye Effect may be the new Oprah Effect: This morning Kanye West’s fashion and shoe company Yeezy and clothing retailer Gap&nbsp;<a href="https://www.forbes.com/companies/gap" target="_blank" rel="noreferrer noopener">GPS</a>&nbsp;announced a ten-year partnership for a Yeezy Gap clothing line.&nbsp;



Yeezy Gap will hit stores next year with a line of “modern, elevated basics for men, women and kids at accessible price points,” according to a statement from both partners announcing the news. West will receive an undisclosed percentage of royalties and, potentially, an equity stake, dependent on sales achievements.



Shares of Gap, which has struggled over the past five years to keep up with fast fashion retailers, surged nearly 40% when markets opened Friday morning in response to the news, but then tapered off. As of shortly after 1:50 pm ET, the stock was trading at $12.50, up 22% from Thursday’s close. The deal is welcome news for the retailer, whose namesake brand has lost its iconic status, and, <a rel="noreferrer noopener" href="https://www.sec.gov/ix?doc=/Archives/edgar/data/39911/000003991120000069/q1202010-qdocument.htm" target="_blank">as of earlier this month</a>, had cash flow of negative $1.1 billion compared to negative $136 million last year.



“Gap has been a challenge for us,” Gap CEO Sonia Syngal&nbsp;<a href="https://www.forbes.com/sites/andriacheng/2020/06/04/another-sign-gap-brand-is-losing-its-relevance-and-dont-blame-it-on-coronavirus/#153b5fd12645">said on a conference call</a>&nbsp;earlier this month, adding that “years of inconsistent execution have depleted brand health.” Other brands under the Gap umbrella include Banana Republic, Old Navy and Athleta.



Years ago, West, who worked at a Gap store in Chicago as a teenager, expressed interest in partnering with the brand, whose product is quite different from his pricey Yeezy high-fashion line that sells shoes for more than $1,000 a pair and $925 cardigans.



“I’d like to be the Steve Jobs of the Gap,” he said in a&nbsp;<a href="https://www.thecut.com/2015/02/kanye-sees-himself-as-the-robin-hood-of-fashion.html" target="_blank" rel="noreferrer noopener">2015 interview</a>&nbsp;on the now defunct Style.com. “I’m not talking about a capsule. I’m talking about full Hedi Slimane creative control of the Gap.”



But last year the rapper and designer, who is known to often change course,&nbsp;<a href="https://www.forbes.com/sites/zackomalleygreenburg/2019/07/09/kanyes-second-coming-inside-the-billion-dollar-yeezy-empire/#273fd54d5ec3">told&nbsp;</a><a href="https://www.forbes.com/sites/zackomalleygreenburg/2019/07/09/kanyes-second-coming-inside-the-billion-dollar-yeezy-empire/#273fd54d5ec3">Forbes</a>that&nbsp; “What makes celebrity products sell so well is scarcity. &#8230; So if they make it too broadly available, I think it crashes the business model.”



That said, the Yeezy clothing line wasn’t selling “so well.” While his deal with Adidas to sell Yeezy shoes makes up&nbsp;<a href="https://www.forbes.com/sites/zackomalleygreenburg/2020/04/24/kanye-west-is-now-officially-a-billionaireand-he-really-wants-the-world-to-know/#4111f4c87b9e">the bulk of his $1.3 billion fortune</a>—Forbes&nbsp;estimates that his stake of the partnership is worth $1.26 billion—the Yeezy fashion line has struggled. His high-fashion line, meanwhile, is nothing more than a rounding error when it comes to his net worth.&nbsp;



Partnering with a celebrity has been good—at least initially—for the stock of other companies.&nbsp; When Oprah Winfrey announced she was partnering with and investing in WW (then Weight Watchers) in 2015, its stock&nbsp;<a href="http://forbes.com/sites/laurengensler/2015/10/19/weight-watchers-oprah-winfrey/#e5073c6c6c68" target="_blank" rel="noreferrer noopener">surged 92%</a>. Earlier this month, shares of the beauty giant Coty&nbsp;<a href="https://www.forbes.com/companies/coty-inc" target="_blank" rel="noreferrer noopener">COTY</a>&nbsp;<a href="https://www.marketwatch.com/story/coty-stock-jumps-after-possible-collaboration-with-kim-kardashian-announced-2020-06-03#:~:text=COTY%2C%20%2D6.88%25%20shares%20jumped,line%20is%20called%20Kylie%20Cosmetics." target="_blank" rel="noreferrer noopener">rose 7%</a>&nbsp;when it announced that it was potentially pursuing a partnership with West’s wife, Kim Kardashian West.



&nbsp;It’s too early to say whether West’s Yeezy line can&nbsp; help turn Gap around for good, but it will be another chance for him to do what he loves.



“I am a product guy at my core,” West told <a href="https://www.forbes.com/sites/zackomalleygreenburg/2019/07/09/kanyes-second-coming-inside-the-billion-dollar-yeezy-empire/#2d4d7a4b5ec3">Forbes last year</a>. “To make products that make people feel an immense amount of joy and solve issues and problems in their life, that’s the problem-solving that I love to do.”



&#8211;<a href="https://www.forbes.com/sites/maddieberg/">Madeline Berg</a>, Forbes Staff, <a href="https://www.forbes.com/hollywood-entertainment">Hollywood &amp; Entertainment</a>

gettyimages-465349272-594×594

Gap Stock Surges After Kanye West Signs Deal To Sell A New Yeezy Clothing Line With Struggling Retailer

After months of requests, the hip-hop superstar shared financial records, revealing details about his wildly popular Yeezy sneaker empire — and his fixation on outside validation.



When last we checked in with Kanye West, the mercurial hip-hop superstar-turned-footwear magnate, I was tiptoeing through a parking lot crop circle composed of hundreds of pairs of his Yeezy sneakers. “I’m not a numbers guy,” he explained ten months ago. “To ask me to somehow translate this to numbers is to ask your grandmother exactly what the recipe of the cake was.”



There’s only one number that West cares about. A billion, as in dollars. And he cares&nbsp;a lot.



When we featured West on the&nbsp;<a href="https://www.forbes.com/sites/zackomalleygreenburg/2019/07/09/kanyes-second-coming-inside-the-billion-dollar-yeezy-empire/">cover</a>&nbsp;of&nbsp;Forbes&nbsp;last summer, delving into his incredible success with Yeezy, he seemed pleased at first. His world-famous wife, Kim Kardashian West, even&nbsp;<a rel="noreferrer noopener" href="https://twitter.com/KimKardashian/status/1148660167254274048?s=20" target="_blank">tweeted</a>&nbsp;her congratulations, to the positive affirmations of 32,300 of their closest Twitter friends.But without sufficient documentation on his unusual stake, versus just his word and industry guesstimates, we didn’t call him a billionaire. And that grated on him.&nbsp;As the year wore on, he protested&nbsp;<a rel="noreferrer noopener" href="https://www.hollywoodreporter.com/news/christian-genius-billionaire-kanye-west-talks-2024-presidential-candidacy-moving-yeezy-stateside-1253358" target="_blank">publicly</a>. (“I showed them a $890 million receipt, and they still didn’t say ‘billionaire,’” he told an industry panel, about something that no one at&nbsp;Forbes&nbsp;remembers.) In private, he was more biting. (A “disrespectful article,” he texted this week, that was “purposely snubbing me.”)



<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="783" height="1024" src="https://www.forbesafrica.com/wp-content/uploads/2020/04/Kanye-on-forbes-783x1024.jpg" alt="" class="wp-image-44642" srcset="https://cms.forbesafrica.com/wp-content/uploads/2020/04/Kanye-on-forbes-783x1024.jpg 783w, https://cms.forbesafrica.com/wp-content/uploads/2020/04/Kanye-on-forbes-300x392.jpg 300w, https://cms.forbesafrica.com/wp-content/uploads/2020/04/Kanye-on-forbes-600x784.jpg 600w, https://cms.forbesafrica.com/wp-content/uploads/2020/04/Kanye-on-forbes-229x300.jpg 229w, https://cms.forbesafrica.com/wp-content/uploads/2020/04/Kanye-on-forbes-768x1004.jpg 768w, https://cms.forbesafrica.com/wp-content/uploads/2020/04/Kanye-on-forbes.jpg 960w" sizes="auto, (max-width: 783px) 100vw, 783px" /><figcaption>After months of requests, the hip-hop superstar shared his financial records, revealing details on his wildly popular Yeezy sneakers empire—and his own net worth. &nbsp;JAMEL TOPPIN FOR FORBES</figcaption></figure>



When our annual&nbsp;<a href="http://www.forbes.com/billionaires">billionaires list</a>&nbsp;appeared earlier this month, again with West absent—still no documentation, and now a pandemic to boot—West again reacted with hurt and venom. “You know what you’re doing,” he texted. “You’re toying with me and I’m not finna lye [sic] down and take it anymore in Jesus name.” At one point, he texted that&nbsp;Forbes&nbsp;was “purposely a part of a group of media” that was trying to suppress his self-made narrative because of his race.&nbsp;That sister-in-law Kylie Jenner did make the list also clearly stuck in his craw.



Then yesterday, a breakthrough: West directed his team to provide what we feel is an authentic numeric look into Kanye, Inc.



Three things became clear from this exercise. First, it reinforces why we put him on the cover in the first place—West, in just a few years, has created a brand that’s challenging Nike’s Air Jordan for sneaker world supremacy. It’s one of the great retail stories of the century.



Second, it reinforced that West, who claims both in words and in this paperwork that he’s worth more than $3 billion, is as overly&nbsp;<a href="https://www.forbes.com/sites/randalllane/2015/09/29/inside-the-epic-fantasy-thats-driven-donald-trump-for-33-years/#225d05ca2037">boastful</a>&nbsp;as his political idol, President Donald Trump. Not a numbers guy? We agree.



Finally, and perhaps most critically to West, it does confirm, based on our estimates, that his stake in Yeezy indeed makes him a billionaire. A bit over $1 billion, actually.



In the process, we can now share more details about Yeezy than ever before revealed—as well as some insight into what drives this extremely creative, extremely enigmatic ten-digit artist.



Yeezy is a complicated asset. West owns 100% of it. But it’s functionally tied, at least for five-plus years based on the documents we saw, to Adidas, which produces, markets and distributes the shoes. There’s also a separate apparel division that we don’t believe makes money. Last year, our sources projected the shoes would finish 2019 with revenue north of $1.5 billion (Adidas would not comment then, or now)—per recent conversations and internal documents, we believe the final revenue number ended up closer to $1.3 billion.



<figure class="wp-block-embed-youtube wp-block-embed is-type-video is-provider-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="How Kanye West Became A Billionaire | Forbes" width="500" height="281" src="https://www.youtube.com/embed/JRc5VhdMiRk?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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Our sources told us last year that West’s agreement calls for him to receive a royalty around 15% of Yeezy revenue from Adidas. Upon closer inspection, it appears some expenses are carved out of that slice, bringing his actual cut closer to 11%. At that rate, he would have received royalties of over $140 million from Yeezy sales last year.&nbsp;



West’s aggressive $3 billion self-appraisal is clearly based on the idea that the business is infinitely portable. It’s not. Taking Yeezy away from Adidas seems almost prohibitively cumbersome, if not contractually impossible. A safer way to value it: as a royalty stream, like music publishing or film residuals. Multiples, based on&nbsp;<a href="https://www.forbes.com/sites/zackomalleygreenburg/2019/05/08/royalty-exchange-cardi-b-jay-z-beyonce-timberlake/#6fd9ea346364">services</a>&nbsp;like Royalty Exchange or in large private transactions, can be as low as three for something faddish like Cardi B’s “Bodak Yellow” to 17 for an evergreen asset like the Eddie Murphy film&nbsp;Trading Places.&nbsp;



A handful of experts surveyed felt West’s interest would fetch a multiple somewhere in the middle of that range, were it ever made available to outside investors. The convenience of the Adidas setup trumps publishing catalogs, where owners must actively collect payments from a complex web of sources—or outsource that labor to someone else in exchange for an administration fee. “His place in the capital stack is a preferred place to be,” says Royalty Exchange chief Matt Smith, who pegged the multiple at between 10 and 12.



Conservatively, as we typically are with such figures, a 10x multiple, applied to West’s Yeezy cut of $140 million, makes his stake worth about $1.4 billion. But that’s a private, highly illiquid $1.4 billion—our rule-of-thumb for private assets like that is to lop off at least 10%.&nbsp;That’s $1.26 billion.



<div class="wp-block-image"><figure class="aligncenter size-large is-resized"><img loading="lazy" decoding="async" src="https://www.forbesafrica.com/wp-content/uploads/2020/04/yeezy-1024x785.jpg" alt="" class="wp-image-44643" width="678" height="519" srcset="https://cms.forbesafrica.com/wp-content/uploads/2020/04/yeezy-1024x785.jpg 1024w, https://cms.forbesafrica.com/wp-content/uploads/2020/04/yeezy-300x230.jpg 300w, https://cms.forbesafrica.com/wp-content/uploads/2020/04/yeezy-600x460.jpg 600w, https://cms.forbesafrica.com/wp-content/uploads/2020/04/yeezy-768x588.jpg 768w, https://cms.forbesafrica.com/wp-content/uploads/2020/04/yeezy-1536x1177.jpg 1536w, https://cms.forbesafrica.com/wp-content/uploads/2020/04/yeezy.jpg 1600w" sizes="auto, (max-width: 678px) 100vw, 678px" /></figure></div>



A handful of experts surveyed felt West’s interest would fetch a multiple somewhere in the middle of that range, were it ever made available to outside investors. The convenience of the Adidas setup trumps publishing catalogs, where owners must actively collect payments from a complex web of sources—or outsource that labor to someone else in exchange for an administration fee. “His place in the capital stack is a preferred place to be,” says Royalty Exchange chief Matt Smith, who pegged the multiple at between 10 and 12.



Conservatively, as we typically are with such figures, a 10x multiple, applied to West’s Yeezy cut of $140 million, makes his stake worth about $1.4 billion. But that’s a private, highly illiquid $1.4 billion—our rule-of-thumb for private assets like that is to lop off at least 10%.&nbsp;That’s $1.26 billion.



Customized real estate often sells for less than the money put in (buyers in that range tend to want their own features, versus Kanye’s Belgian plaster). If you want to start scraping, there’s $3,845,162 for “vehicles,” $297,050 for “livestocks.” Then there’s the matter of his music. Documents we reviewed show West’s G.O.O.D. label—and his own recorded music and publishing rights—to be worth at least $90 million.



We tend to look at self-appraisals somewhat skeptically.&nbsp;Aside from the music, half of all this presumably belongs to his wife, although she’s no slouch and that math goes two ways. Given the illiquidity of these myriad assets and the lack of independent backup, we’re giving all of this a 50% haircut, leaving about $125 million in assets outside of his Yeezy crown jewel.&nbsp;Then, there’s debt: Between mortgages, advances and other liabilities, we saw about $100 million that West is on the hook for.



All told, our current net worth estimate for Kanye West: $1.3 billion, which he’ll be pleased to note is $300 million more than little sister Kylie.



<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" src="https://www.forbesafrica.com/wp-content/uploads/2020/04/yeezys.jpg" alt="" class="wp-image-44644" width="540" height="304" srcset="https://cms.forbesafrica.com/wp-content/uploads/2020/04/yeezys.jpg 960w, https://cms.forbesafrica.com/wp-content/uploads/2020/04/yeezys-300x169.jpg 300w, https://cms.forbesafrica.com/wp-content/uploads/2020/04/yeezys-600x338.jpg 600w, https://cms.forbesafrica.com/wp-content/uploads/2020/04/yeezys-768x432.jpg 768w" sizes="auto, (max-width: 540px) 100vw, 540px" /></figure>



The chip on West’s shoulder dates back to his early days growing up in Chicago, where teachers sometimes scolded him for sketching sneaker designs instead of doing his schoolwork. He later produced songs for Jay-Z but felt the elder mogul didn’t view him seriously as a solo act. Over the past decade, West instigated more than his share of narcissistic episodes, including a self-appointed nickname, tour and album,&nbsp;Yeezus, that never seemed to treat his savior complex with much irony. (Typical song: “I Am A God.”)



When viewed through that lens, his famous affinity for President Trump makes a lot of sense. (And it continues unabated—one text to&nbsp;Forbes’ chief content officer this week ended with “Trump 2020” and a raised fist emoji.) As does West’s net worth lobbying—an art practiced, with gusto, for decades, by Trump.



“It’s not a billion,” West texted us last night. “It’s $3.3 billion since no one at&nbsp;Forbes&nbsp;knows how to count.”



For years,&nbsp;<a href="https://www.forbes.com/sites/randalllane/2018/04/20/the-5-things-to-know-about-president-trumps-36-year-relationship-with-the-forbes-400/">Forbes&nbsp;had an informal “Trump rule”</a>—take whatever the future president insisted he was worth, divide by 3, and start honing from there. Like mentor,&nbsp;like mentee. Welcome to the ten-digit club, Kanye. You may not like our number, but you’ve joined the highest company in that regard.&nbsp;



&#8211;<a href="https://www.forbes.com/sites/zackomalleygreenburg/">Zack O&#8217;Malley Greenburg</a>, Forbes Staff, <a href="https://www.forbes.com/hollywood-entertainment">Hollywood &amp; Entertainment</a>



Additional reporting by Randall Lane

Tag: yeezy

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