this aged like milk
kanye 6.6 billi
Haters itt pretending to to hold Economics/Finance degrees. You hate to see it!
I love Ye but imma keept it real. Idk about this 6.6 billion s***
It's not rocket science. He owns 100% of Yeezy. That's absolutely UNHEARD OF for a company of that size. In fact it's never happened before. There's never been a billion dollar company (market cap) owned outright by 1 person. That doesn't happen in the business world.
On top of that, Kanye owns sizeable shares in Nike and Adidas.
How are yall going to question Bloomberg, Financial Times, Yahoo Finance etc lmao?
Everybody loves Kanye on twitter again lol
Feel like everyone deep down loves ye.
Jay Z growing dreads is still crazy to me. He’s been a buzz cut warrior my whole life.
Jay Z growing dreads is still crazy to me. He’s been a buzz cut warrior my whole life.
i hate those dreads bro
I love Ye but imma keept it real. Idk about this 6.6 billion s***
I agree tbh, It's probably more than that
kanye could cut ties with adidas and there would be plenty of other companies now willing to take him on
so yall on kanyes d*** after all that trump s***?
Never left
The only truth I've seen in any of your posts is that Yeezy production is tied to Adidas. That's correct. But you're spinning that as:
1) something that's advantageous to Adidas and Adidas only.
False - It's actually a win-win agreement but Kanye plays the cards because he has completely ownership of the brand. If anything, Adidas is the one who's incentivized to keep the relationship strong and keep Kanye with them.
2) YZY is not liquid because it's not a company.
False. Yeezy is an operating company + brand independent from Adidas. It's a trademark, it's a brand (fastest growing brand ever actually), a company, it's all of these things.
3) YZY is worth nothing because Adidas is responsible for production
False, actually the opposite is true - since this agreement allowed Kanye to retain 100% ownership of the brand, that's the same reason he's so insanely rich today.
I'm assuming you read the Forbes article that came out a year ago when Kanye became a billionaire, and that's what you're basing your posts off. The argument made in that article was that Kanye's assets are not liquid because the agreement was functionally tied to Adidas. But that's just not true, because the brand has grown so much now it's bigger than Adidas. (YZY isnt as big as Adidas yet.. what im saying here is now the brand is big enough that they dont NEED Adidas)
Kanye plays the cards in that relationship. Do not get this twisted.
i hate those dreads bro
I get it lol it’s an unorthodox style but that’s why I like it