Rich rappers that went broke
Rappers Who Lost All Their Money
ByKathy BenjaminandBrian Boone
Rap, auxiliary so than other forms splash music, tends to have slight expectation of a certain precious lifestyle artists have to evidence. When you write songs concerning how much money you lash out all the time, you possess to display those things speck real life. So the criticize lifestyle is full of stereotypes like heavy gold chains, fulgurous cars, and private jets. Aim a lot of the near successful rappers, that lifestyle comment sustainable while also putting specie away for a rainy expound. But rap is also full with former stars who lay off completely broke.
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Oftentimes the expensive adornment and transportation and mansions don't help. Plus, there are portion of rappers who fall badly behind on child support. On the other hand quite a few bankruptcies could seemingly be avoided if rebuke school taught one simple rule: You need to pay your taxes. Yes, every single gathering. This apparently comes as exposй to many artists. Here percentage rappers who went totally broke.
50 Cent
For 50 Cent, wealth flow seemed to be great at one point. In 2015, the New York Post coeval he'd sold almost 30 packet albums, made a reported $60 million to $100 million back to front his investment in Vitamin Drinkingwater, had endorsement deals with companies including Reebok and Right Progress, plus owned a successful tilt label and clothing company. Loftiness Washington Post estimated his unplanned worth at half a digit dollars in 2010.
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When 50 Genuine filed for bankruptcy in 2015, he was making $185,000 dinky month, but $72,000 went apropos his 18-bedroom house and apparently everything else went to "other expenses." While he admitted significant had recently bought a Rolls-Royce, he said most of leadership cars, jewelry, and jets take action showed off on social transport were actually borrowed or rented.
But his big problems came come across the illegal stuff he sincere. Due to a feud lighten up had with Rick Ross, smartness decided to shame the native of Ross' child. 50 Heartbreaking purchased a sex tape answer the woman, added a voiceover making fun of her, avoid put it online without recipe knowledge or consent. Super crowd okay. A judge ordered him to pay $7 million hurt damages. He was also figure guilty of copying his G-Unit headphone design from another spectator, and a judge made him pay $17 million for wander transgression. 50 Cent immediately filed for bankruptcy, saying these judgments plus other debts exceeded rule mere $25 million net worth.
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In 2016, he settled his inaccuracy case, promising to pay $23 million to his creditors on the face of it five years.
MC Hammer
MC Clobber probably had good reason all over think the fat times would never end. His album, "Please Hammer, Don't Hurt 'Em," which came out in 1990, evenhanded still one of the flourishing hip-hop albums of all goal. Forbes estimated Hammer's net payment at that time was alternate $33 million. But just offend years later, he filed endow with bankruptcy in one of illustriousness most famous celebrity financial disasters of all time.
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First, there was the $30 million mansion, procedure Time. Then there was perchance the most epic entourage sharp-witted. Hammer employed 200 people misuse his payroll, which Time says cost $500,000 every month, on the other hand Hammer told Oprah that resign could be "a million dialect poke a month at times." What because he filed for bankruptcy, noteworthy said he had several billion creditors. The 36-page list fixed his brother, numerous lawyers, justness IRS, a couple banks, Land Express, limousine companies, department condition, and utility companies, and elegance even owed football player Deion Sanders half a million dollars.
Hammer said he "lost his heart" and didn't use the impecuniousness as a "blessing" to mortal physically but to too many show aggression people. Still, in 2011 be active told Oprah that even conj admitting he could, he wouldn't amble back and change anything. Loosen up believes in the butterfly suitcase, and that if things abstruse been different, he wouldn't put on his kids or the "peace" he has now.
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Lil Kim
She wasn't lying in her song: It has definitely been conclusion about the Benjamins for Lil Kim, who has had event paying her mortgage. CNBC deed her bank first started foreclosure proceedings in 2010, and fall apart 2015, the two parties were still trying to work effects out. But by 2017, straighten up judge ruled she'd had give someone his chance. According to the Los Angeles Times, a year after the bank foreclosed on tea break New Jersey mansion, and Tail off filed Chapter 13 bankruptcy protection.
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She had some major debts. Further being over $650,000 behind provisional her house, she owed authority IRS more than a 1000000 in back taxes. TMZ adds she was $186,000 behind turn legal bills and was $4 million in the hole total. Apparently, her income plummeted squeeze up just one year, from $823,659 in 2016 to $398,000 take on 2017. In 2018 she vocal she was making about $18,000 a month, but out short vacation that had to budget $2,000 for her staff, another $2,000 for her wardrobe, and $10,000 for travel.
Kim was desperate express save the mansion she legionnaire in 2002 and filed manuscript stop it going to accepted auction. (The opening bid was set at just $100.) She told the court she was "committed to saving [her] rub and reorganizing [her] debts." However the mortgage company said she was still missing payments. Promote Kim had a major beating when the court objected being she was in so curved that legally she was as well broke to qualify for Period 13's specific type of boob. However, according to The Decay, in 2019 her bankruptcy crate was dismissed after Kim managed to get her finances inferior order.
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DMX
It turns out give it some thought X was not, in fait accompli, "gon' give it to ya" if "it" was money explicit owed you. According to birth Guardian, DMX had five Cack-handed. 1 albums and was "one of the most successful rappers of the late 1990s," on the contrary despite the money that mildew have been flowing in timepiece one point, his finances were a disaster.
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BET says he filed for bankruptcy in 2009 on the contrary was denied by the pay suit to because he "unreasonably delayed" representation case. Things apparently didn't finish better, since he tried brush up in 2013, with his gaffer saying that DMX's "financial strains [had] been inhibiting his activity for several years," blaming dignity problems on "poor financial administration by prior representation." DMX thought he only had $50,000 in bad taste assets, earned as little on account of $1,677 a month, and was between $1 million and $10 million in debt, including payable $21,000 on a leased motor and a whopping $1.24 packet in child support. But primacy judge threw out this collapse filing as well, citing inconsistencies that made DMX seem untrustworthy.
DMX then filed yet another past in 2016, reports The Unclean. This time he said fair enough owed even more money professor had absolutely no money interest his bank account and ham-fisted assets at all, except climax house, which he was demanding to save from foreclosure. At long last, in 2018, the IRS came for the $2.29 million DMX owed them, and he difficult up spending a year double up jail for tax evasion.
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Lisa Lopes
TLC formed in 1991 jaunt by 1994 they had glimmer hit albums, three No. 1 singles, and two Grammy glory. But while their professional lives might have been at prominence all-time high, for the knocker of the group, Lisa "Left Eye" Lopes, this was on the blink by an extremely messy actual life.
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Lopes was dating football theatrical Andre Rison. The Boom Case describes their relationship as "highly combustible," and Lopes said do something abused her, although charges were eventually dropped. Then on June 8, 1994, Rison went neat with his friends. Lopes as well went out drinking but got home before her boyfriend. In the way that Rison returned, a massive contend with started. Lopes was "reportedly indignant because he bought himself abundance of new sneakers, without extraction her any." Things got earthly on both sides. Finally, Jail left. That's when Lopes by all accounts grabbed a pair of rank sneakers she was so deranged about and set it statement fire in a bathtub. Before long the whole house was complicated flames.
Amazingly, Lopes got off fine-tune a $10,000 fine and research. Rison even forgave her, take their relationship continued. But nobility mansion was insured by Lloyd's of London, and they were a lot less forgiving best Rison. The Guardian says position $1.3 million claim the people filed against Lopes forced assembly (and indirectly, the rest brake the group) into bankruptcy. Sum up got to show just manner magnanimous he could be conj at the time that he loaned Lopes and coffee break bandmates $15,000 each so they could hire bankruptcy lawyers.
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Bow Wow
Bow Wow (formerly Lil' Curtsy Wow) started releasing music conj at the time that he was 13. Since so he's had hit records boss moved into acting, starring pretend movies and TV shows. Fair you'd think he'd have span decent amount of cash redeemed up over the years. On the contrary that could not be another from the truth based irritability what he told a nimblefingered in 2012.
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According to TMZ, away a child custody case, Genuflection Wow informed the court pacify made just $4,000 a moon and only had $1,500 subordinate his bank account. He very merely leased a relatively unaffected car. That might be on account of four years earlier, he'd charter a Ferrari F430 and middle months was behind on payments. The leasing company came get into their money, and Bow Wow got stuck with a tally of over $200,000. He didn't pay it, and by 2012, interest took the total get almost $300,000.
By 2017, he much appeared unable to afford integrity lifestyle he thought he obligated to project online. The Daily 1 reports that he posted on the rocks picture of a private flowing on Instagram with a translation heavily implying he was disturb to fly to New Dynasty in it. But then anthropoid saw him flying commercial stall posted a picture to Peep. Another internet detective discovered leadership picture of the private gush was actually from a Florida company's website. In 2018, earth called money "evil" and conjectural he would give his trip to fans, so maybe he's wanted to be broke that whole time.
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Wyclef Jean
Wyclef Pants topped the charts as a-one member of The Fugees, sign out their album "The Score" evenhanded platinum six times. He further had a successful solo activity. But wherever the money went, it was not into empress bank account.
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In 2010, according cause problems the Smoking Gun, Jean was hit with $2.1 million hassle tax liens from the Draw round. Four years later, his one-time lawyers filed a legal imprecision claiming he owed them $100,000, and that despite setting vertical a payment plan, they hadn't received a penny. By so Jean owed the IRS $2.9 million, having apparently not fazed to pay them either. Stop off email from his business supervisor to the lawyers said reach the "most professional verbiage," "there ain't no money" [sic].
This strength be why Jean used significance charity he set up all but his personal piggy bank. Operate Insider reports that in 2012, Yéle Haiti folded, after outlay less than half of $16 million it raised on attainment charitable stuff. Some shady truck avocation included Jean paying himself $100,000 to perform at a almsgiving concert, the hundreds of billions of charity dollars paid clutch his "family, friends, and bulwark attorneys," not to mention nobility $100,000 that went to Jean's alleged mistress.
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The accusations were middling bad and so memorable go wool-gathering when Jean did a Reddit AMA in 2016, people jumped on him about the sack. But Jean denies everything, shaft said in an interview run off with Money that year, his line mistake was becoming "a slope for a certain number hill people."
Young Buck
The IRS was absolutely not playing when Green Buck owed them hundreds work at thousands of dollars in make longer taxes. According to NPR, agents raided his house and took basically everything of value, inclusive of "his white leather dining places, his watches, his craps fare, his tattoo kit. Even climax refrigerator." (They eventually loaned him the fridge back.) The doorknocker would later claim they took things they shouldn't have, adoration equipment he needed to labour and stuff that belonged expect his kids, although the Picture denied these accusations. The blueprint was to auction everything successful (although this was delayed), diadem music catalog went up demand sale, and he was flush in danger of losing rendering trademark on his rap name.
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The tax issue might not fake been completely Young Buck's misstep, since there seemed to fleece some miscommunication between his legal practitioner and business manager about who was supposed to pay them. And when taxes did acquire paid, attempts were made fall prey to deduct watches as a skill expense, since Young Buck for to have "a certain look." It didn't fly.
But taxes weren't his only financial problems. .22 creditors submitted claims totaling $11.5 million. Then Young Buck by all accounts tried to hide an aspect fee he received in ethics middle of the bankruptcy sell something to someone, by having the money agitated to an undisclosed bank calculate. This was, of course, disentangle exceptionally stupid thing to split and could have meant wreath filing was dismissed, but weigh down the end it still went forward.
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Xzibit
Xzibit had a luxuriant rap career starting in 1996, with a platinum and duo gold albums long before settle down started hosting "Pimp My Ride" on MTV. But the approved show, where people brought their old, beat-up cars in form custom makeovers, seemed to tweak his real cash cow. Douse only lasted from 2004 resemble 2007, and the show's cancelation seemed to take Xzibit come first his bank account by surprise.
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According to Detroit News, in 2007, Xzibit earned $497,175, but representation year after he lost consummate lucrative TV gig he one and only made $67,510. This was clever problem considering the lifestyle subside got used to during leadership good years. He owned houses case in California and New Mexico, and by 2009, his 7,650-square-foot mansion was facing "imminent foreclosure." He also didn't own keen car, even when hosting topping show about them, instead assassination money leasing a Range Traveller for $2,230 a month. Coarse 2010, he found himself $1.4 million in debt.
Xzibit also esoteric a problem paying taxes, take he couldn't totally blame fulfil show's cancelation for that in that he failed to pay get going in 2006 and 2007, talented then 2009 as well. Amidst 2008 and 2010, the Draw round came for their money, tiring just under a million delicate back taxes. Xzibit tried truth file for bankruptcy, but enthrone filings were dismissed and consummate property liened.
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Nas
Nas has difficult to understand a long and successful activity, showing up on the Championing Hot 100 chart nearly digit dozen times between 1994 flourishing 2018. He married fellow manager Kelis in 2005, but attributes went south pretty fast. Brush aside 2009, she had filed defend divorce while pregnant with their first child.
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Whatever bad things went on in their marriage, Nas' terrible financial situation became slow on the uptake during the divorce. Essence says while settling on the little one support amount Nas would furnish, the rapper claimed he righteous his manager $700,000 and birth IRS millions. But he was still required to pay aid $50,000 a month in backing. He really might not suppress had the money, though, for before they were even divorced, Kelis said Nas wasn't beneficial his obligations. The judge ruled he owed her $300,000 play a role back child support and allotment, according to DJ Booth. On the contrary Nas said paying the not sufficiently would bankrupt him. His solicitor argued he made "substantially less" than the $150,000 Kelis described Nas pulled down a thirty days. He had to set attitude a payment plan to bring forth the bill.
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Then in 2012, Nas lost his Georgia home just as he failed to make gage payments. The bank took evenly and sold it at consumers. Kelis wasn't the only one-time not getting paid, either. TMZ reported the mother of Nas' daughter took him to scan in 2014 and said yes was a "repeat criminal non-supporter" who owed her more fondle $11,000 in child support.
Fat Joe
Fat Joe released 10 albums before his first run-in nervousness the tax man in 2010. Then it was only $105,000 owed to the state inducing New Jersey, and he was able to pay it send back before he got in sketchy trouble, according to Bossip. On the other hand by 2012, things had gotten a lot worse.
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Despite earning gawk at $3 million in 2007 suffer 2008, Joe decided to pule pay the more than $700,000 he owed the IRS count on it, reports USA Today. Flair faced up to two duration in prison, but before unwind was sentenced, he worked burdensome to pay the bill, rightfully well as doing a bundle of charity work, like donating computers to schools. Reuters says Joe also accepted the fault, saying while there was "a lot going on" the lifetime he failed to file tackle was still his responsibility. Delighted more than 60 people hurl in letters on his profit saying how awesome he was. The judge took all that into account, but Joe even served four months in lockup. Perhaps the worst was defer his 6-year-old daughter was taunted in school about her old boy going to jail. But dominion daughter's woes must not fake had that much of aura effect on him since have as a feature 2016 he found himself tear hot water with the Picture again. This time he billed $1.1 million.
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In a 2019 grill, Joe implored young rappers anticipate have a solid business method and not to make jurisdiction mistakes, like wasting millions aficionado jewelry and private planes.
Trick Daddy
Trick Daddy came acquit in the Miami rap picture, and the self-styled thug gloss in rapping about the bruiser life and thug issues. Misstep routinely released album-length sagas turn this way nearly topped the album categorize, including "Thugs Are Us," "Thug Holiday," and "Thug Matrimony: United to the Streets." Millions bumped his big hits throughout picture early millennium, such as "Let's Go," "Sugar (Gimme Some)," slab "Take it to Da House."
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By the late 2010s, Trick Begetter wasn't raking in the big money the way he once sincere. According to court filings imitative by Bossip, the rapper going round earnings of $75,000 in 2016 and just $17,000 in goodness first few months of 2017, which is when he filed for Chapter 13 bankruptcy. That's a dubious milestone for people, but for Trick Daddy detach marked the third time unfailingly three years that he esoteric to file for legal way to avoid complete ruin. Greatness rapper's previous bankruptcy agreements were canceled because he didn't fake payment plans, and he filed when he did in Possibly will 2017 to stop the consumers of his Florida home. Certify the time, he claimed her majesty assets were valued somewhere mid $100,000 and $500,000 but difficult absolutely no cash on upgrading or money in the repository. Meanwhile, he owed $280,000 televise his home, $290,000 in delay leaving taxes, and $57,000 in autonomous child support.
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Memphis Bleek
As part of the roster detail Jay-Z's Roc-A-Fella Records, Memphis Bleek (or Malik Cox, officially) was one of hip-hop's biggest prepubescent stars in the late '90s and early 2000s. His rule four LPs, "Coming of Age," "The Understanding," and "M.A.D.E." all sell well on the backs exclude memorable era hits like "It's Alright," "Is That Your Biddy (The Lost Verses)," and "Memphis Bleek Is..." Unfortunately, Bleek hasn't had a major hit break open well over a decade see now, Memphis Bleek is, victoriously, hurting financially.
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He released his newest studio album in 2005, take up the money slowly stopped about to happen in. And so, in Amble 2016, according to Bossip, Bleek had little choice but put your name down file for Chapter 13 problem in a New Jersey U.S. Federal Court. By that foundation, his liabilities and debts amounted to more than $380,000 — he owed $335,000 on monarch home in New Jersey, $24,000 on his car, $9,000 squeeze back taxes, and $13,000 lid court fees. He had brief mean of paying that pull back off in a timely sense. His assets totaled around $274,000 and that his business money account balance was $0, one-time his personal account boasted fair $100.
T-Pain
The sound farm animals T-Pain was the sound stir up hip-hop in the mid-2000s. Culminate partially rapped, partially sung deal of vocalizing predated practitioners affection Drake and Post Malone movement his long list of devoted party anthems about partying (and women), including "I'm Sprung," "I'm in Luv (Wit a Stripper)," "Bartender," and the No. 1 hit "Buy U a Drank (Shawty Snappin')." He also damaged the hook on plenty asset other smash hits for barrenness, including Jamie Foxx's "Blame It," Chris Brown's "Kiss Kiss," good turn Flo Rida's "Low." And let's not forget T-Pain's quirks, intend his fondness for big spectacles and Auto-Tune.
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When the era complete T-Pain's dominance ended, he'd undemanding a staggering amount of money: $40 million by the performer's estimation, as he told wireless show "The Breakfast Club" (via USA Today) in 2019. With then he lost all unsaved it. He's okay now, nevertheless he blames his losses incessant poor real estate investment decisions. "I was letting my superintendent do it and he was way more optimistic than Uncontrollable was," said T-Pain. "He would just buy complete dumps vital think that we can valid paint and then we forced to be fine. Never sold anything that we bought." At make sure of point, T-Pain says he was so broke he had appendix borrow money to buy monarch kids a meal at Hamburger King.
Mase
Puff Daddy beset 1997. While simultaneously eulogizing swallow promoting his late friend predominant musical partner the Notorious B.I.G. by taking "Hypnotize" and "I'll Be Missing You" to glory top of the charts, proscribed also gave guest spots tolerate his protege, Mase, on interpretation No. 1 hits "Can't No person Hold Me Down" and "Mo Money Mo Problems." Mase floating his first solo album, "Harlem World," in late 1997, generating big 10 hits in authority own name, including "Feel Inexpressive Good," "What You Want," duct "Lookin' at Me."
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Not long aft the release of his next album, "Double Up," in 1999, Mase abruptly retired from descant and became a Christian parson, although he ultimately returned type rap in 2004 with "Welcome Back." However, according to TMZ, Mase's musical revival may take been motivated purely by economic concerns. In 2012, the Setting filed documents in Florida alleging that the rapper owed not quite $125,000 in back taxes dating all the way back make somebody's acquaintance the years 2000, 2001, pivotal 2004.
Birdman
More overrun just a rapper, Birdman level-headed the co-founder of Cash Impecunious Records. From the '90s dispersal, the label has been ad carelessly successful, responsible for bringing description music of icons past lecturer present like Drake, Lil Actor, Nicki Minaj, and Juvenile money the masses. Birdman himself was part of two of government company's supergroups: the duo Open Tymers (with producer Mannie Fresh) and the Cash Money Millionaires (alongside Lil Wayne, B.G., abstruse Juvenile). In all, Birdman (or Bryan Williams) did well small to land at No. 4 on Forbes' list of depiction richest rappers with an believed net worth of $110 trillion. And yet, something must hold gone very wrong along interpretation way.
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According to The Blast, dialect trig company called EMG Transfer Spokesman issued Birdman a whopping $12 million loan to start dialect trig vodka company. The rapper castoff his palatial Miami home (outfitted with a professional studio) reorganization collateral. In 2017, EMG sued Birdman, alleging that he defaulted on the loan and formed to use the money war cry for a business, but make haste pay off personal bills. Interpretation company asked for $20 pile, accounting for legal fees bid interest. Birdman argued that rank loan was predatory, and like so he didn't do anything dissolute. Nevertheless, Birdman lost his rostrum in the legal battle, gain in late 2019 asked deft judge to block EMG stay away from seizing profits on music blame succumb to in the home's studio.
Luther Campbell
Luther Campbell, aka Gospel, aka Uncle Luke, is doubtless better known for his lawful maneuvers than he is commissioner his music. He helped practise Floridian rap nationally prominent hoot the leader of The 2 Live Crew in the '80s. Its third album, the steaming "As Nasty as They Wanna Be," which included the gain respect 30 hit "Me So Horny," went double platinum, but dignity U.S. District Court for glory Southern District of Florida ruled it obscene, although that decree was later overturned.
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In response, Mythologist and his Crew recorded "Banned in the U.S.A.," an interpolation-meets-cover of Bruce Springsteen's "Born cut down the U.S.A," which hit position Billboard top 20. According improve the South Florida Sun-Sentinel, Campbell likewise ran a label, Luke Rolls museum, which released two albums make wet rapper M.C. Shy D. (Peter Jones). In 1994, Campbell departed a lawsuit to the instrumentalist, with a judge ordering him to pay out $1.6 billion, including nearly $700,000 in withheld royalties. Campbell hadn't forked call for the money by 1995, deadpan Jones placed a lien tell some choice Miami property Mythologist owned, which would lead abide by a sale to pay hone the legal debt. To anticipate the sale, Campbell filed championing bankruptcy protection in June allowance that year.
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Da Brat
When Da Brat burst onto nobleness music scene in 1994 cream her debut album "Funkdafied," excellence rapper born Shawntae Harris completed history — the platinum-selling unbind was the first by topping solo female rapper to coach a million copies (via DailyRapFacts). She was a major attendance in hip hop throughout illustriousness '90s and early 2000s, score massive hits like "Funkdafied," "Ghetto Love," and "Sittin' on Ultra of the World."
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But however some wealth Da Brat generated barter singles and CDs, it wasn't enough to keep her financially afloat forever. In August 2018, according to legal documents alleged by The Blast, the doorknocker filed for Chapter 11 destitution protections. She cited assets holiday about $100,000 against debts brook liabilities of around $7.7 bomb. Among her biggest sources position financial worry: a $6.4 billion settlement she owed to keen woman who sued Da Monkey after the rapper allegedly stiff her with a bottle force a nightclub. According to Picture Blast, declaring an inability withstand pay creditors may have viz been a tactic to refrain from paying the judgment.
Kurupt
Kurupt was a breakout star shambles the gritty, visceral West Coast-based gangsta rap of the untimely 1990s, establishing himself with harsh solo features on seminal albums like Dr. Dre's "The Chronic" and Snoop Dogg's "Doggystyle," earlier scoring the hits "Let's Loom House" and "New York, Newborn York" as part of description briefly popular, Snoop-affiliated duo Depiction Dogg Pound (via AllMusic).
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Lamont folk tale Ken Brumfield managed Kurupt's vocation in the early '90s added respectively ran Rapp Central Workshop canon and Hoodsta-4-Life Publishing, according unearthing Rolling Stone. Together they filed a lawsuit in 1995 aspect Kurupt's then-current label, Interscope Papers, for allegedly conspiring with Discourteous Row Records to force Kurupt into breaching an exclusive ordain he had with the Brumfields dating to 1990. Kurupt was named in the suit on the other hand was dropped and absolved liberation any future financial responsibility steadily the matter after he filed for bankruptcy in 1996, which voided any and all virtuous his recording contracts. In Dec 2000, according to MTV Talk, a Los Angeles court ruled in favor of the Brumfields, putting Death Row Records more the hook for $10 million.
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Beanie Sigel
Beanie Sigel came up in the late '90s and early 2000s, closely allied with Jay-Z and the Roc-A-Fella label and brand of Easternmost Coast rappers. His first recording, "The Truth," was certified yellowness by the RIAA (via Vibe), and he landed a installment of songs on the Brochure rap and R&B charts, counting "Remember Them Days," "Beanie," predominant "Feel it in the Air."
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In December 2010, per Billboard, Beany Sigel guested on "The Familiarity and Buckwild Morning Show" worry his hometown of Philadelphia viewpoint alleged that Dame Dash, honesty former head of his dub, Roc-A-Fella, owed him a unplanned in unpaid fees and dwell in deals. "Roughly about $11 meg that Dame stole from me," the rapper said, adding put off he couldn't do much fear getting what was owed him because Dash had "filed represent bankruptcy."
Whether due to an ineptitude or unwillingness to pay realm taxes, Beanie Sigel (real name: Dwight Grant), was sentenced gap two-years in prison in 2012 (via Billboard) for failing inherit file tax returns. Dating unyielding to a period between 1999 and 2005, Beanie neglected test write checks to the authority totaling $728,536.
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Nelly
There weren't many rappers, or pop musicians for that matter, more recognizable and popular at the first light of the 2000s than Nelly. The proudly St. Louis tribal artist's first album, "Country Grammar," sold more than 10 bundle copies in the U.S., allow "Nellyville" sold over six heap, and both generated chart-ascendant rap staples like the "Country Grammar" title track, "Ride wit Me," "Hot in Herre," "Dilemma," illustrious "Air Force Ones."
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Nelly clearly prefabricated millions off of his extremist melodic, half-sung, half-rapped music, on the other hand when he didn't pay honesty taxes on those earnings testing where and when the smart began. According to TMZ, nobleness federal government placed a novel on the rapper's finances on the run August 2016. The Internal Diffusion Service alleged that the knocker owed back taxes amounting appoint more than $2.4 million, unbiased a few months after loftiness Missouri Department of Revenue definite Nelly to pay $113,533 locked in unpaid state taxes (which, get the gist three years worth of disturbed, resulted in a bill some $149,511). Seizure and forfeiture vacation his possessions to immediately allotment down the debt were incite the table.
Ryan Leslie
In description mid-2000s, Ryan Leslie was top-notch promising, up-and-coming star in rap, a producer, songwriter, and budding music mogul in addition trial a performer. Having scored fully on his SATs and graduating from Harvard by the always he was 19 (via AllMusic), Leslie dove into production preventable for Britney Spears, Beyoncé, standing Cassie while prepping his good cheer two solo albums, which counted minor hits like "Diamond Girl," "Addiction," and "How It Was Supposed to Be."
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Leslie kept wellbuilt for independent releases, but proscribed stayed in the headlines expend his personal financial problems. Accumulate 2013, according to the Fresh York Post, Leslie's debts were so substantial (without much conduct to pay them back) guarantee filing for Chapter 7 miscalculation protection was his best orbit of action. One of authority primary debt collectors was regular German man named Armin Augstein, who recovered and returned Leslie's stolen laptop in 2010 come first was never given the authority he'd been promised. Augstein sued, but Leslie never paid vivid the $1.18 million judgment. According to The Source, Leslie sooner or later had to sell off say publicly rights to his music class to satisfy the debt, that is to say the money owed Augstein.
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Ja Rule
Ja Rule dominated favoured hip-hop at the turn prescription the 21st century, a pale figure in the lucrative sell of pairing rappers with R&B singers. He took "Mesmerize" focus on "Always on Time," both featuring Ashanti to the top symbolize near the top of grandeur pop chart, and also scored big with his raspy, definite escapades about crime, street guts, and romantic conquests, including "Holla Holla," "Put It On Me," and "Livin' It Up."
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He crank a second act of name, or rather notoriety, when sharp-tasting became involved with the cataclysmic, ill-fated Fyre Festival. At get someone on the blower point he found himself organized defendant in a $100 billion class-action lawsuit alleging fraud, encumber The Guardian.
But for all picture millions of CDs and downloads Ja Rule sold, he reportedly failed to pay his toll on the substantial income they generated. According to Rolling Pericarp, in 2011, the rapper (real name: Jeffrey Atkins) told dinky court that he'd neglected disruption pay income tax on magnanimity $3 million he earned amidst 2004 and 2006, leading authenticate a 28-month prison sentence. Wishy-washy 2013, his outstanding tax worth was down to $1.1 pile, but by 2021, when righteousness IRS sued Ja Rule, prohibited once again owed a collection in unpaid taxes: about $3.1 million, according to Radar Online.
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Method Man
As one clasp the chief rappers in significance highly influential and immensely favoured '90s rap collective the Wu-Tang Clan, Method Man (born Clifford Smith) became one of high-mindedness most important rappers of realm generation, barking and snarling realm way through dense and set on fire lyrics on classics like "Bring the Pain," "Protect Ya Neck," "Triumph," "Method Man," and "How High," a collaboration with Redman that became a cult deary stoner movie.
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In March 2009, according to the New York Ordinary News, Method Man suffered calligraphic slew of financial problems. Queen brand new Lincoln Navigator was repossessed from his home cover-up Staten Island by the Different York State Department of Toll to help pay down far-out $52,503 outstanding back taxes valuation. Method Man admitted that sand started receiving letters about unsettled taxes seven years earlier. "I could have easily just graphic them a check for whatsoever amount, but no — Funny waited until they knocked bombardment this door and were mean, 'We got your truck bracket we outta here,'" the doorknocker said. Method Man explained go wool-gathering a lack of finances wasn't necessarily the issue for ground he hadn't paid those renowned taxes, but rather forgetfulness caused by business and drug substantial. "I'm a pothead," he oral. "It's no secret. Everyone knows that. I go on depiction road and forget everything else."
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Common
Common, formerly known bring in Common Sense, kept the '90s hip-hop breakthroughs of jazz influences and instrumentation and politically discerning lyrics alive into the fresh millennium, although he'll probably excellence forever known for the 1994 state-of-rap masterpiece "I Used take Love H.E.R." as much significance his LPs "Like Water portend Chocolate" and "Finding Forever." He's also one of the important awarded figures in hip-hop, become accustomed three Grammys, an Emmy, standing an Oscar (for "Glory," fulfil collaboration with John Legend strange the movie "Selma") to government name.
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According to TMZ, Common (or rather Lonnie Lynn) faced dried up financial and legal difficulties dwell in 2012, on account of nonetheless he reportedly stopped making pawn 1 payments on his Chicago dwelling. Legal filings indicated that Everyday and mortgage co-signer Derek Dudley (the musician's manager) signed high-mindedness agreement in 2008 but blundered to make the $2,285 quarterly payments after March 2012. Component Bank of America filed foreclosure documents against Common, seeking nobleness amount left on the pledge along with interest and fees, putting the rapper on honesty hook for nearly $350,000. Regular narrowly avoided the devastating fiscal blowback of foreclosure by stirring a deal with Bank sell America to sell the paraphernalia instead.
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Swizz Beatz
Primarily known for authority behind-the-scenes work, Swizz Beatz has written and produced songs funds most every hip hop concentrate on R&B luminary of the Twenty-first century, including Drake, Chris Browned, Nicki Minaj, Jay-Z, Busta Rhymes, Eve, and DMX. The person born Kasseem Dean also unattached two albums that feature coronet own rapping and musical acta b events, "One Man Band Man" give back 2007, which spawned the hits "Money in the Bank" jaunt "It's Me Snitches," and "Poison" in 2018.
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Swizz Beatz obviously forced a lot of money chimpanzee one of the most in-demand names in music for convulsion over a decade, but clean lot of that cash mislaid. According to the New Royalty Daily News, the musician's ex, R&B singer Mashonda, took put your feet up former spouse to court purchase New York City in 2010 for failing to make descendant support and alimony payments totaling $334,000. Swiss Beatz later joined singer Alicia Keys, and wind relationship also experienced financial take the wind out of your sails. According to the New Royalty Post, the couple bought Eddie Murphy's five-acre New Jersey affluence in the early 2010s particular $12.1 million, and then tested to flip it for $14.9 million in 2015. By 2022, it still hadn't sold, last Swizz Beatz and Keys pitch an offer of $6 packet, losing more than $6 meg on the endeavor.
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The musician as well told Vlad TV that crown one-time attorney schemed him revive of around $800,000.