Kanye West reportedly received a huge payday from Yeezy first day of sale: $25 million.
An Instagram account named @Kanyewestaurant_ claimed that more than 682,300 pairs of sneakers were sold, which reportedly translated to a $25 million payday for Kanye West.
In other reports, West is set to gain over $140 million from the sales as West owed 11 percent of each Yeezy product sold, DigitalMusicNews reports.
But, it’s pertinent to mention here that the accurate sales figure may differ from the claim as official reports are not released.
Last October, Adidas ended its relationship with polarising hip-hop star after his antisemitism controversies.
But the company was dogged by mountains of unsold Yeezy worth over $1 billion.
However, after much to-and-fro, the German shoemaker decided to sell the sneakers and directed some profits to anti-hate groups, such as Anti-Defamation League and the Philonise & Keeta Floyd Institute for Social Change.
Moreover, Nike confided to Adidas about West's red flags; however, the latter ignored the warnings and continued the partnership with the controversial rapper.
The shocking revelation was unearthed by a report in Bloomberg as the polarising rap star collaborated with Nike on his Air Yeezy, launched in 2009.
Cher reflects on 40-year friendship with Meryl Streep on Jennifer Hudson show
Sofia Vergara reveals her dating preferences in a new interview
Elisabeth Moss explains why she was intimidated by Angelina Jolie during filming Girl, Interrupted
Kelly Osbourne dishes out her biggest fear on The Osbournes podcast
Kim Kardashian has been accused of copying Bianca Censori
Chris Hemsworth recalls his Marvel audition days during a lie detector test