Tuesday 1 July 2014

9 Rappers Who pretended to be Rich but were actually flat broke


black people look as ignorant as any minstrel show in the history of our country. Youve seen what rappers say about themselves on TV, but heres some truth about how your favorite rapper is probably going broke right now:
1) Ludacris was in a custody battle with the mother of his child and revealed in court filings that he earned only $55,000over the previous year. Thats hardly the paycheck of a baller. Yes, that was $55,000 and yes, that was 2013. Check the link if you dont believe us.
Singer BOW WOW at the 2005 BET (Black Entertainment Television) Awards at the Kodak Theatre, Hollywood.
June 28, 2005 Los Angeles, CA (Photo Credit: Paul Smith / Featureflash)
2) Lil Bow Wow was in court after his Bentley was repossessed. He revealed that he had only $1,500 in his bank account. He now has a job on BETs 106 & Park, but this is probably not enough money to get him out of debt. According to Celebrity Net Worth,Bow Wow owes $90,000 to the IRS and another $280,000 to a luxury car leasing company. So, while his debt of financial distress remains unclear, its very clear that hes living on the edge financially.
Xzibit
3) Xzibit former host of the MTV show, Pimp My Ride, filed bankruptcy after owing over $1 million dollars to the IRS. He hasnt had a hit record since Bobby and Whitney were in love with each other.He has filed bankruptcy twicesince 2009.
Method Man
4) Method Man wasarrested for failing to pay taxes back in 2011. He resolved the matter, but remains in debt. He also keeps trying to make a comeback, but its just not working out.
Fat Joe is given a cake on his birthday during a listening party for Pitbulls latest release Rebelution at Cinebistro on August 19, 2009 in Miami, Florida. (Photo Credit: Gustavo Caballero/Getty Images)
5) Fat Joe went to prison after pleading guiltyto tax evasion after owing over a million dollars to the IRS.
Rapper Lil Flip poses in the press room at the 32nd Annual American Music Awards at the Shrine Auditorium November 14, 2004 in Los Angeles, California. (Photo Credit: Carlo Allegri/Getty Images)
6) Lil Flip went to court and told the judge that he cant pay more than $500 per month in child support. According to most estimates, this means that he isnt earning more than about $3,000 per month. Hed be better off collecting trash for a living.
Ja Rule attends BET Black Girls Rock CoverGirl Style Stage On The Red Carpet at New Jersey Performing Arts Center on October 26, 2013 in Newark, New Jersey. (Photo Credit: Ilya Savenok/BET/Getty Images for BET)
7) Ja Rule went to prison for two years for tax evasion after owing millions to the IRS. He gets out soon, and will spend the rest of his life paying off the debt.
Beanie Sigel
8) Beanie Sigel He used to rap next to Jay-Z, but he too went to prison for tax evasion.
Young Buck
9) Young Buck from G-Unit went bankrupt and lost his home, forcing him to sell his jewelry and everything else. If you listen to any of Bucks songs, youll hear that he usually rapped about how much money he had and even made fun of other rappers whove gone broke.
Mark Dice does an interesting video on the topic.He comes off a bit condescending and maybe even racist, so thats tough to swallow. But if you listen to the gist of what hes saying, hes speaking quite a bit of truth about the buffoonery and financial irresponsibility that is prevalent in hip-hop music on the radio. Dice states that many of the artists on television are actors, and that the seemingly authentic lifestyle that young people are emulating is merely a facade. Whats most pathetic is that many of the artists selling this imagery to teenagers are in their mid to late thirties, so they’re a little too grown to be thinking and dressing like kids.

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