No More a Billionaire, Kanye West Loses More Than 50x of What Tiger Woods Suffered After His Infamous Endorsement Drop

Tiger Woods is a golf sensation who has achieved much during his career. The billionaire signed multi-dollar deals with brands like Gatorade, Nike, Rolex, and many more. But it could not last very much longer in 2010. The combination of alleged scandals and injury dimmed Woods’ star, and as a result, he lost huge deals. By the end of 2010, the news of the alleged scandals and injuries was fading away. However, he lost the Gillette deals.

Same way, Kanye West recently lost a huge deal with Adidas and has suffered a considerable loss. Even though the reason for the end of the contracts was the antisemitic comments by him online, West believes that a substantial financial loss has struck him. One of the most influential hip-hop artists was in the same boat as Woods in 2010. But now the question is, how much have these millionaires lost and who has incurred more loss? Let’s find out the numbers.

Tiger Woods and Kanye West: Who lost more money

Both the legends of their respective fields have lost significant amounts of money and are suffering losses due to their actions. After losing all the endorsement deals post the alleged scandal news, the former number one lost $34 million. After being fired by Gillette, Woods was left with only two sponsors, EA Sports, and Nike Golf.

Read More- Tiger Woods vs Kanye West 2022 Net Worth Comparison: Who Is Richer?

On the other hand, the fashion designer and wrapper West claimed he lost $2 billion in a day. His contract with Adidas ended after his comments online, which was hampering his rapport. The songwriter and Adidas collaborated with the famous Yeezy line, whose trainers are sold for hundreds of pounds. He lost the deal because Adidas has a zero-tolerance policy regarding hate comments.

Earlier, he boasted about Adidas not dropping him because of the negative comments. But the results spoke for themselves. However, Woods did not have such over-confidence and never bragged about any brand. And according to the marketers back in 2011, the former no. 1 was doing great in his career, and he had many potential endorsement deals to sign after his wins. David Falk, a professor of sport management at Syracuse University, said, “I would expect marketers to come back to him.”

The net worth of Woods and West

Both the legends incurred significant losses in their career; however, they still stand firm on their feet. West said he was not a money man; instead, he was a people man. He lost a huge deal, but still, he was alive. According to Forbes, they calculated the net worth to be $2.5 billion. However, after the loss of the Adidas deal of $1.5 billion, the net worth has dropped to $1 million.

Same way, Woods was not much affected after losing the deals as his wins followed new endorsement deals to come into the process. According to Forbes, currently, the net worth of the G.O.A.T. is $1 Billion. And with his comeback to the course and upcoming “The Match,” we do not know how much he can benefit.

Watch this story- 5 Ridiculously Expensive Things Owned by Billionaire Tiger Woods

What are your thoughts on the losses incurred by the golf legend and the rapper? Let us know in the comment section below.