Per CNBC
In principle, the $2 billion-worth rapper Kanye West agreed to purchase Parler, a social media app.
Although details on how much the deal is were not yet disclosed, Parler previously raised $16 million from its Series B funding, bringing the total raised to $56 million.
The majority of Ye's net worth comes from his Yeezy sneaker brand. West has recently severed ties with major partners Gap as Adidas is reviewing its partnership with him.
JPMorgan Chase has also decided to cut ties with the rapper.
