Wtf you talking about. He had 28 IDENTICAL Cadillacs at his Fremont, Ca home. It takes more than Cant touch this and 2 legit 2 quit to support his stupid lifestyle
Dude that’s hilarious I hate the IRS with an extreme hatred. They ruined my dads small business by taking 70% of his income every year. Only way around it is having write offs by buying stuff, but how long can someone keep that up? They destroy small business owners and everyone else who makes anything unless you got 10 kids from 10 different guys.
He was a show off bro. His episode on MTV cribs was hilarious he literally rented every exotic car in his driveway that all came from Miami, just for one episode.. He still acts big when he's not. Bragging he's flying private but gets busted in a business class seat a few hrs later after his post 😂
Bow wow is hiding his money. When he turned 17 he had 75 million Dallors in cash his mom managed for him. I do not believe he spent all that money. I think with his mother's help he is hiding it to save child support from taking it.
But if you think about it. Renting those cars in his driveway is frugal. I think his mom is still his manager and has him doing things smart so he does not go bankrupt. And catch a high child support bill.
Moral lesson "Invest now" The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies
The decision to invest is an acknowledgment that comes with certain risks. Not all investments will do well and some may lose money. However, without risk there would be no opportunity to potentially earn the higher returns that can help you grow your wealth.
@@markconley3877 I agree with you and I believe that the secret to financial stability is having the right investment ideas to enable you earn more money, I don’t know who agrees with me but either way I recommend either real estate or bitcoin and stocks.
@@thamad311 That won't bother you if you trade with a professional like *Mr Gary Mason Brooks* my coach, you may have come across him on interviews relating to bitcoin. He trades, manage trading account and offer mentorship program for clients who wish to become professional investors.
I don’t like NAS but you got to feel for him when he was ordered to pay 50k a month in child support. Hell No!! What was the child eating? Golden Nuggets?
@@PablitosWay child support payment = specific percentage from your reported income the year before......if you make millions, you pay alot...its fair tbh
I agree, although you can afford to splurge and spoil yourself occasionally or else what's the point in having all that money? You definitely should always keep an eye on expenditures though.
Exactly, some of these people get billions on top of billions and become broke. Just wasting money, there is no way I could really spend all that kind of money I don't need that much stuff. I wouldn't be helping every family member or people I know. I'll be so cheap as a millionaire I would purchase what I need and put the rest away and if I need something pinch off 100 bucks every few weeks if that. Also, a lot of these men in the industry problem is child support they can't keep their junk in their pants and having multiple babies by women and there for comes the child support. I love both DMx and Nas I feel more sorry for Nas because he seem like such a great father and shouldn't have to pay that much in child support. DMx I'm sorry but that was just crazy to father about 16 kids.
@@lateshiachilds3640 why wouldnt you help every family member you know with that money? 0.0 that’d feel great knowing you solved everyones problems and eliminated everyones financial worries and got everyone ahead
I guess D.M.X wasn't lying when he said "There was Brenda, LaTisha, Linda, Felicia Dawn, LeShaun, Ines, and Alicia Teresa, Monica, Sharron, Nicki Lisa, Veronica, Karen, Vicky Cookies, well I met her in a ice cream parlor Tonya, Diane, Lori and Carla Marina, Selena, Katrina,Sabrina, About three Kim's , LaToya, and Tina Shelley, Bridget, Cavi, Rasheeda, Kelly, Nicole, Angel, Juanita, Stacy, Tracie, Rohna, and Ronda Donna, Ulanda ,Tawana, and Wanda😂😂😂😂😂😂😂😂😂😂😂😂
@@findmyrideaustralia2597 Its way more than cocaine. You'd die before you could do millions worth of coke. Lawrence Taylor had one of the worst drug habits I've heard of, and he was doing an 8ball (3.5grams)/day, and that's only about $200 worth, which works out to $73,000/yr worth of coke. Can't see anyone making it to using millions worth before completely destroying their body.
H2O CO2 well usually cars that expensive go up in value after a few years, a pagani Zonda was around 800k new and now is worth 3.5 million so really cars like that can be seen as an investment
Me binge watching “going broke” videos so I know exactly what not to do 😂. Edit: I’m sorry but never would I spend more money on a damn boat, than my home 💀
Fuck a boat I can’t swim….fuck a giant mansion when I can just lay and have my own house built. Fuck the fancy sport/luxury cars cause you can’t go as fast as you want in them. All the things most rappers do is buy material objects spending hella cash on it. Me? If I was a big time rapper I’m investing my money. I’d buy a few big name restaurants and car dealer ships and let my money come in 🤷🏽♂️
@@ElevatedScvrecrow It's human nature to want more. Especially if ur filthy rich. You gotta remember that ur life will change. Friends will change. Everyone around you will change. YOU will change. Then you'll find yourself with friends with money and then everything that you think a out now will rear it's ugly head. The feeling and emotion will feel similar but the difference will be swapped out for ur new problems Mo money mo problems
Thank you. And majority of his statements on this video/channel are made up. He states xzbit was paying 22k/month for a ranger rover LOL. A brand new Ferrari with 0 down 100% financed/leased wouldn’t even be half of that a month.
did these people he was taking care of have any economic value, or was it just another cause of "i cant leave my homies from the hood behind" syndrome?
It's amazing how similar all of these stories are.. I grew up poor in Western Pennsylvania and I started a land clearing company which is successful now but it took several years before I could even relax a little.. I am very cautious with my money because I never want to go back to having to be poor
Exactly, most of these people in the industry make to damn much that could be money for us average people in the world especially now with this pandemic.
I remember an episode of Batman the animated series where the joker gets a letter from the Irs saying he owed taxes and he starts freaking out so one of his goons asks him why he's so worried since the joker doesn't care about laws so joker turns to him and says "look we all know im criminally insane but even IM not crazy enough to go toe to toe with the IRS! Pay them what I owe!"
Yep, DO NOT mess around with the IRS! These celebrities need to have that drilled into their head as soon as they start making money, keep up on what you owe them. Don't just take your eye off of it and let other people handle it, and don't just not pay them. They WILL get you, make no mistake about it! They do not play when it comes to someone owing them money.
@@magkatcar hell that's how they get crime bosses. Guys will be moving millions worth of drugs and ordered hundreds of murders and the police can never get the charges to stick, soon as the irs finds out they owe even a dollar the whole organization is f#cked
What rappers need to do is very simple: 1. Wear condoms 2. Don’t make your boy “Lil Joe” your money manager because he’s good with money cause he sells weed. 3. Stop buying multiple mansions 4. Pay your taxes 5. Quit constantly helping your boys 6. Stop buying jewelry 7. Again, wear condoms 8. Hire a REAL attorney 9. Don’t lend money to your friends 10. Again, wear condoms
HOW MANY ROOMS CAN YOU REALLY LIVE IN... family of ... lets say 5-6 people mom dad three kids and an inlaw maybe 4-5 bedrooms 4 baths max... kitchen/ dining room living room, ... you don't need anythiing else... now if you're single 3 bdrm max...lastly anything more than 2 cars is insane ... you call a person with 10 cats crazy but 10 cars is ok..?
Oh yeah you forgot if you want to pursue a career educate yourself in business look at master p worth almost 300 million he says best thing he's ever done was take business
I hate that Nas has to pay all that money doesn't make sense. I follow Kelis on Instagram and no wonder she is all smiles and living the life she is probably doing great off of Nas money.
if you're that big you're supposed to buy a house not have mortgage payments that never end, 60k on child support monthly or 22k on a rolls Royce is pure evil
She was a pretty girl before the surgery but I think that man (you know who) probably had her thinking that she was not the right color or have the right features when he married the other woman and not her.
Another reason why Em is the Rap God. Sure, now he enjoys his money but at the beginning all he needed was plain t-shirts, plain jeans, a silver dog tag chain and a Mic
Hammer is not dumb by any stretch of the imagination. Had you done your homework you would know that Mr Burrell has a brilliant technical aptitude and is highly respected in San Francisco Bay areas Silicon Valley where he has collaborated in over a dozen startups and owns a piece of Twitter.
That's interesting... would love to hear how you would do it; as long as it's legal and ethical. I'm not shading you just curious about the plan- might help a lot of people!
@Blue neither is blaming the victim. if i'm running late for work and forget to lock my front door, that doesn't mean i deserve to get my shit stolen. i agree that they should have read and understood any contract, but it's not as if these guys went to college for business or economics. most of them are simple people, uneducated, misguided and misdirected. money and fame is something they don't have the maturity to deal with, not to mention this culture revolves around materialism so excess is part of the image. i agree with the idea that anyone should have enough common sense to save some of their mountains of money, so in that sense i don't have sympathy. if they get ripped off, don't blame them, blame the professional con-men who did it. i promise you that you're not immune to getting ripped off either, so maybe show a little compassion on that level, yeah?
I say at LEAST half of them were actually screwed over by their record labels. Why do I think so? Because some of them have the false belief that someone else can take care of the issues for them. Meanwhile some sleazy dude at the record label is screwing them over behind their backs.
@@Vestige98 that is so true it dont take much for people like us 2 live on these stars just waste so much good money on vain things I hope we get our hands on money Like that
To correct some misinformation you stated, the artist makes the decision of whether they want their taxes withdrawn before being paid out (allowing the label to take responsibility to pay the taxes on funds earned) or if they want to pay taxes themselves. Most choose the last option because they fear the label may end up stealing from them.
I’m thinking the same thing. I’d go to jail before $50,000 a month in child support her greedy ass wouldn’t get shit. For ONE KID ?? Shid I’d be damned. MAYBE if it were $5,000 a month I’d consider if I had that kind of money but I don’t think $5,000 a month is appropriate either. For one kid every month I say no more than $1,000 that’s fair
Ali Dez The child support calculators need to be changed. I agree that 50k a month is ridiculous to pay to some whore that trapped this stupid nuccas and refuse to work! Extortion at it’s finest
Tax write offs thru expansion. Its one way already successful people and businesses are pushed into greed.. another way is the stock market. Companies push to show growth on their bottomline.
Ah yes as usual people have no clue what they speak of. You do know amazon didn’t make a profit for 15 years right?? I will assume you didn’t. You do know your able to write them years off in future right?? I assume you didn’t. None of these companies are breaking the law. They are working within the laws out there. Don’t like it, vote and get laws changed.
But they keep a hell of a lot of people employed , insured and from being both homeless and broke. That’s the flip side of the story. Things that are beneficial to the economy and people’s livelihoods.
1) its pronounded KEH-LEASE 2) nas is one of the original investors in ring (doorbells), amongst other projects so hes good... 3)X-zib did not pay 22 000 a month for a range rover .... come on man
The thing is when you don’t earn that money you don’t know it’s worth. When you’re burning through this money partying with friends it’s catches up with you, cause when you’re broke those friends won’t even loan you a dollar. Investing is better then blow through it.
Spring Breakk no they aren’t, but the same “show off” mentality applies. Like he said they get their check with no taxes taken out, and I can for sure guarantee they never properly educated on how taxes work🤷🏽♂️
@@mikemadsen7926 what if the way you earn money to take care of your family is by caring what others think about you? Btw what people think about you is actually the only thing that matters in life. At your workplace, dealing with clients, your boss, your family every single relationship you manicure is dependent on what people think about you
@@edharris5855 I guess that's actually true...but they didn't have to do reckless spending especially when there past there prime and no longer in the limelight...but you make a good point
When money turns into showing off and not about making more money. I would have bought so many stocks and hired an accountant to manage my assets. Why does money usually go to morons?!
This dude is lying to get attention on RUclips. He's get paid so he will say anything. The list is not right. Range Rover around $50,000 to $80,000 depending on what u add in it.
These stories of famous entertainers that went broke is an eye opening experience that I can relate to. When you are young and the money is flowing in. You think to yourself that it will never stop flowing. Then something stops the money flow and it's over. 💰
I always thought why not just buy a little house along the way that's modest, pay the taxes incase the rainy day comes you'll always have a home when shit get real...
Peace of mind,be humble,live day by day without worrying about what others think of yourself, small circle of friends that help each other out and loyal, family= that's the true happiness
Dude I gotta Save up to be broke. I'm Po,because don't make enough to be able to afford the extra O and R to qualify as Poor. Hell Homeless people give Me money,and I don't be standing with a sign or nothing. "I figured you need this more,God Bless" On Some real shit tho. "I'd rather be broke and happy,than have Millions and be Miserable"
Right!!!!! If I didn't have Bills I would have a shit tun of money these MFs aint Broke all these Celebrities need a right Account Mgr and save the main reason Rappers go Broke Cause they buy all that expensive jewelry
True indeed, I guess it's the lifestyle they want to maintain. If you are making (ONLY) 18K a month, in my books that's not broke, that's hitting the f...n lottery.
![Blox Fruits Dragon Rework Update [Full Stream]](http://i.ytimg.com/vi/EqDAp8udhm0/mqdefault.jpg)
Hammer tried to help everyone. That's what hurt him.
He was so stupid
So we still talking about mc hammer....he good not broke
Nah... He spent stupidly
Can't touch this comment !
Wtf you talking about. He had 28 IDENTICAL Cadillacs at his Fremont, Ca home. It takes more than Cant touch this and 2 legit 2 quit to support his stupid lifestyle
Money without wisdom is extremely tragic..
Schools should teach how to save instead of fake ass history class
@@JeebyTube if they did that then stupid people will wise up and the system won’t make money from their stupidity
Fact
what's your subconscious and your paradigm is engraved in Mis managing money then therefore it is hard to manage money
Exactly exactly
The IRS has been making platinum hits since its inception.
This an underrated comment🔥💯
🤣🤣🤣🤣💀💀💀facts tho
Dude that’s hilarious I hate the IRS with an extreme hatred. They ruined my dads small business by taking 70% of his income every year. Only way around it is having write offs by buying stuff, but how long can someone keep that up? They destroy small business owners and everyone else who makes anything unless you got 10 kids from 10 different guys.
@will smith yep me too he is a lying sack of shit
😂😂😂😂👍
Straight to the Comments to see what the Experts have to say .
I even had to throw a few comments in there
Like always the Comments are the best😉😉😉
Me too 🤣
Dumbarse !!!
Same here 😂😂😂
"Lil' Kim was the first female rap superstar...."
MC Lyte, Salt n Pepa, Queen Latifah: "Are we a JOKE to you?!"
ruclips.net/video/y1Eg5WmH9To/видео.html
Before Nikki
Roxanne Shante
Boss
Thank you I can't stand when she thinks she started it all
"A fool and their money shall soon part ways" Some of the lessons I was taught as a child
Great saying...👍👍🙏
Word
More fire on the link Jamaica ruclips.net/video/G6UBaXudPcE/видео.html leave a comment like or dislike. Blessing 2021
A.GREEDY SELFISH FOOL WHO KEEPS AND DOES NOT HELP THE NEEDY OR POOR . HE HIMSLEF SHALL WIND UP WITH NOTHING AND BECOME POOR HIMSELF 😢.
Now all you have to do is amass a fortune then prove them wrong. Or right.
We'll wait.
I think buying a yacht when you're not a Billionaire is almost a guarantee that you'll go broke.
Unnecessary spending always leads to bank dents
People who like to show off.
@@aquarian-talk Yep 💯
Wait so did he loose the house, cars, and yacht ?
Right
Bow-wow was a child star so I'm sure his money was mismanaged by managers, producers and his mother.
😁👍
He was a show off bro. His episode on MTV cribs was hilarious he literally rented every exotic car in his driveway that all came from Miami, just for one episode.. He still acts big when he's not. Bragging he's flying private but gets busted in a business class seat a few hrs later after his post 😂
Bow wow is hiding his money. When he turned 17 he had 75 million Dallors in cash
his mom managed for him.
I do not believe he spent all that money. I think with his mother's help he is hiding it to save child support from taking it.
But if you think about it.
Renting those cars in his driveway is frugal.
I think his mom is still his manager and has him doing things smart so he does not go bankrupt.
And catch a high child support bill.
@Nolan Is Innocent If pointing out the truth is hating in your opinion then that just sounds like your butt hurt..
Moral lesson "Invest now" The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies
The decision to invest is an acknowledgment that comes with certain risks. Not all investments will do well and some may lose money. However, without risk there would be no opportunity to potentially earn the higher returns that can help you grow your wealth.
@@markconley3877 I agree with you and I believe that the secret to financial stability is having the right investment ideas to enable you earn more money, I don’t know who agrees with me but either way I recommend either real estate or bitcoin and stocks.
I keep wondering how people earn money in financial markets, i tried trading bitcoin on my own made a huge loss and now I'm scared of investing more.
@@thamad311 That won't bother you if you trade with a professional like *Mr Gary Mason Brooks* my coach, you may have come across him on interviews relating to bitcoin. He trades, manage trading account and offer mentorship program for clients who wish to become professional investors.
@@susanhaynes679 You allow people to trade for you? that's interesting, I would love to learn, hope it’s safe?
A FOOL AND HIS MONEY WILL SOON PART.
Amen to that
Everytime.
Amen
Amen
A fool and his money are soon partying
I don’t like NAS but you got to feel for him when he was ordered to pay 50k a month in child support. Hell No!! What was the child eating? Golden Nuggets?
Yeah I don't get why child support payments should ever be that high.
Easy. Seventeen percent of what he reported the year before the hearing.
Women win men lose that's the sad reality
Why dont you like nas
@@PablitosWay child support payment = specific percentage from your reported income the year before......if you make millions, you pay alot...its fair tbh
this is why you live BELOW your means...and spend on what you NEED.
💯 enough said!!
Im really conscientious about my spending. I imagine i'd be the same if i was a multi-millionaire.
I agree, although you can afford to splurge and spoil yourself occasionally or else what's the point in having all that money? You definitely should always keep an eye on expenditures though.
Exactly, some of these people get billions on top of billions and become broke. Just wasting money, there is no way I could really spend all that kind of money I don't need that much stuff. I wouldn't be helping every family member or people I know. I'll be so cheap as a millionaire I would purchase what I need and put the rest away and if I need something pinch off 100 bucks every few weeks if that. Also, a lot of these men in the industry problem is child support they can't keep their junk in their pants and having multiple babies by women and there for comes the child support. I love both DMx and Nas I feel more sorry for Nas because he seem like such a great father and shouldn't have to pay that much in child support. DMx I'm sorry but that was just crazy to father about 16 kids.
@@lateshiachilds3640 why wouldnt you help every family member you know with that money? 0.0 that’d feel great knowing you solved everyones problems and eliminated everyones financial worries and got everyone ahead
RIP DMX! You were a big part of my youth and you will be sorely missed.
I guess D.M.X wasn't lying when he said "There was Brenda, LaTisha, Linda, Felicia Dawn, LeShaun, Ines, and Alicia Teresa, Monica, Sharron, Nicki
Lisa, Veronica, Karen, Vicky Cookies, well I met her in a ice cream parlor Tonya, Diane, Lori and Carla
Marina, Selena, Katrina,Sabrina,
About three Kim's , LaToya, and Tina
Shelley, Bridget, Cavi, Rasheeda,
Kelly, Nicole, Angel, Juanita,
Stacy, Tracie, Rohna, and Ronda
Donna, Ulanda ,Tawana, and Wanda😂😂😂😂😂😂😂😂😂😂😂😂
Stupid nigga
😂😂
black Ricky Martin 😂
@vl w0nders that child support !! I guess we finnaly figured out what them bitches wanted from D.M.X 😂😂😂
This shit is crazy!!
If you end up with millions and go broke, you deserve it
This is true no cap
Totally
You guys 4sho broke lols
YOU IS RIGHT"
A lot of successful people went broke, doesn’t mean they can’t come back from that even bigger, look at 50’cent
70 million...70 mil- How HOW. It’s a talent to lose that much money in that amount of time.
Ikr how do people manage to blow through that money so fast 😂😂😂
Cocaine
@@findmyrideaustralia2597 Its way more than cocaine. You'd die before you could do millions worth of coke.
Lawrence Taylor had one of the worst drug habits I've heard of, and he was doing an 8ball (3.5grams)/day, and that's only about $200 worth, which works out to $73,000/yr worth of coke.
Can't see anyone making it to using millions worth before completely destroying their body.
I'm still wondering why someone would spend $1.7 mil on a single car 🤦♀️
H2O CO2 well usually cars that expensive go up in value after a few years, a pagani Zonda was around 800k new and now is worth 3.5 million so really cars like that can be seen as an investment
Me binge watching “going broke” videos so I know exactly what not to do 😂.
Edit: I’m sorry but never would I spend more money on a damn boat, than my home 💀
Brilliant take buddy 😬
Fuck a boat I can’t swim….fuck a giant mansion when I can just lay and have my own house built. Fuck the fancy sport/luxury cars cause you can’t go as fast as you want in them. All the things most rappers do is buy material objects spending hella cash on it. Me? If I was a big time rapper I’m investing my money. I’d buy a few big name restaurants and car dealer ships and let my money come in 🤷🏽♂️
😂😂😂😂
@@ElevatedScvrecrow It's human nature to want more. Especially if ur filthy rich. You gotta remember that ur life will change. Friends will change. Everyone around you will change. YOU will change.
Then you'll find yourself with friends with money and then everything that you think a out now will rear it's ugly head. The feeling and emotion will feel similar but the difference will be swapped out for ur new problems
Mo money mo problems
@@gusgarcia8841 I don’t have friends lol
When you make all this money just buy your house and a car outright! That way when this happens you have SOMETHING
Lil Kim can get her money back by suing the plastic surgeons that f--ked up her once cute face.
Or she can eat up a trouser snake lol
@@younggizzle 😆😆😆
Yes!!..she looks fucking ugly now
Yuatja Warrior City Hunter never cute face
@@younggizzle LOL !!!!
*they spent more than they made*
There, just saved you 11 minutes.
Thank you. And majority of his statements on this video/channel are made up. He states xzbit was paying 22k/month for a ranger rover LOL.
A brand new Ferrari with 0 down 100% financed/leased wouldn’t even be half of that a month.
@12345 12345 go for it and I'll update my comment 😊 #teamwork
😂 thanks for saving us 11 mins!I really dont think majority of these ppl aren't broke. At least a little over.
Thank u
Lol
15 kids with 9 different women? Rest in peace DMX! You truly a legend!
Lol! I said the same thing.. looks like nick cannon is catching up
@@queen_vic3111 🤣🤣🤣🤣
All the other rappers on this list went broke because of stupidity, hammer went broke because he has a good heart, trying to take care of his people
It's better to have a sound mind and discernment than an a good heart. Many of these celebrities do drugs.
Also he clearly had expensive taste. 😂
did these people he was taking care of have any economic value, or was it just another cause of "i cant leave my homies from the hood behind" syndrome?
It’s not his job to take care of people.
They are adults
Another form of stupidity
Moral lesson: Remember to pay your taxes, kids.
Unless they paedophiles don't pay taxes to paedophiles, its a criminal offence
For real. These people will lock you up for years. But it's ok, cause you can fiddle with kids and you will be home..... 🤔🤔
They don't have to know 👀
It’s so funny how people manage to stay afloat making 30 K a year but these guys who are making tens of millions of dollars go broke almost in no time
The energy fame and ideal.
Hahahahaha yep that’s right hahahahaha hahahahaha
I was making 24k a year back in 2008 and was eating pretty gud
I know, it makes no sense 😁
Living within your means vs living and ain't use to shit plus common sense
There’s no possible way that the lease on a Range Rover was $22,000 a month.
Thats the lease on a Bugatti. Somebody was getting ripped off
@@therealkingeddo big time
Not a normal lease (or Range Rover). Bad credit will get you a, what I feel, a crazy interest rate.
@@onochieanyanetu6213 For at least twice that i’d rather buy a second hand previous model in good condition than to get ripped off
@@therealkingeddo he can't even afford the car so he needs the loan. It's not even about the car at that point, that 22k payment is mostly interest
It's amazing how similar all of these stories are.. I grew up poor in Western Pennsylvania and I started a land clearing company which is successful now but it took several years before I could even relax a little.. I am very cautious with my money because I never want to go back to having to be poor
Exactly, most of these people in the industry make to damn much that could be money for us average people in the world especially now with this pandemic.
Can you give me a job ?
Do you need farmer job
You worked for your money, rapping is not work.
Who would? “Want to go back to being poor”.
RIP DMX. Will be missed big hommie. 👼🏿
homie*
There's still losers calling people homie lmao
@@jerrydelp7973And lonely people calling people loser....
@@commiezombie2477 nice coming back is that all you got
@@jerrydelp7973 Never argue with fools because from a distance you can't tell them apart 🤗 Have a blessed day 😌
When you're more concerned about being "ghetto fabulous," instead of having financial savvy, THIS is what happens. Smh
It's not being ghetto fabulous, it's wanting to show off until you can't no mo
Rip dmx he was a legend
Nas is worth $70 million now.
And he'll prolly blow that too.
Doubtful
$70,000,000*
Actually Nas has made a killing it on investments now in the 9 figure range
He black
Key to not be broke: STOP BUYING UNNECESSARY FRIVOLOUS THINGS AND LIVE WITHIN YOUR MEANS
Easy to say that when you don't make millions in a single year lol
Yes.
I remember an episode of Batman the animated series where the joker gets a letter from the Irs saying he owed taxes and he starts freaking out so one of his goons asks him why he's so worried since the joker doesn't care about laws so joker turns to him and says "look we all know im criminally insane but even IM not crazy enough to go toe to toe with the IRS! Pay them what I owe!"
Yep, DO NOT mess around with the IRS! These celebrities need to have that drilled into their head as soon as they start making money, keep up on what you owe them. Don't just take your eye off of it and let other people handle it, and don't just not pay them. They WILL get you, make no mistake about it! They do not play when it comes to someone owing them money.
IRS and Child Support and their cousin Divorce Court. I don't want to deal with none of them.
Yup Joker not THAT crazy
@@magkatcar hell that's how they get crime bosses. Guys will be moving millions worth of drugs and ordered hundreds of murders and the police can never get the charges to stick, soon as the irs finds out they owe even a dollar the whole organization is f#cked
@@emanuelmartinez7267 lol, you ain't lying! That shows you how powerful they are and you better take them very seriously!
After hearing Lil Kim's claims, give me $18,000 a month and I'll live like a king, minus the frauds and stuff.
What rappers need to do is very simple:
1. Wear condoms
2. Don’t make your boy “Lil Joe” your money manager because he’s good with money cause he sells weed.
3. Stop buying multiple mansions
4. Pay your taxes
5. Quit constantly helping your boys
6. Stop buying jewelry
7. Again, wear condoms
8. Hire a REAL attorney
9. Don’t lend money to your friends
10. Again, wear condoms
HOW MANY ROOMS CAN YOU REALLY LIVE IN... family of ... lets say 5-6 people mom dad three kids and an inlaw maybe 4-5 bedrooms 4 baths max... kitchen/ dining room living room, ... you don't need anythiing else... now if you're single 3 bdrm max...lastly anything more than 2 cars is insane ... you call a person with 10 cats crazy but 10 cars is ok..?
Oh yeah you forgot if you want to pursue a career educate yourself in business look at master p worth almost 300 million he says best thing he's ever done was take business
Staying off all forms of cocaine helps too, i suppose?
And don't do what Lil' Kim did & go to the same plastic surgeon that Michael Jackson did to get your her nose job.
@@autodidact537 her nose was broken she had to get hers
Lesson learned: be humble
and wear condoms
@@kanunisultansuleyman1336 or bring back the Ottoman Empire
@@iceyy8741 hopefully, one day...
@@kanunisultansuleyman1336 In sha Allah
It's OK to flex as long as you can afford it.
The amount of time we spend believing we can't is more than enough time to learn how you can.
- my Brain
am definitely stealing this, you are genuine 💯
2022 online stock is just difficult and unbelievable, I'll rather invest my money on crypto
People are ignorant of the profitability in bitcoin Investment and that had been their major issues limiting their Investment
I think investing in crypto under forex will be the wisest thing to do now
Hello anyone there?
hammer was a solid dude....he just tried to help everyone and was not being selfish.....not smart but he was not wasting it on himself.
He was a mark
He once wrote such a large check for charity that the local newspapers in his town said MC meant Mr Charity. Well, they weren't wrong...
He literally bought a $30 million dollar house for himself lol
If Nas is paying 50k a month in child support I don't want to begin to know how much DMX has to pay.
zero, as he's in the ground.
RIP DMX
@@Kysen10 surviver benefits, now ..
I hate that Nas has to pay all that money doesn't make sense. I follow Kelis on Instagram and no wonder she is all smiles and living the life she is probably doing great off of Nas money.
It's based on income and assets and unfortunately DMX was near broke
Kids born after 1999 be like:
“Who the fuck are these guys?!” 😅
Your list should be more current.
😂😂😂
kids born after 1999 be like:
“wow I know who all these people are because i don’t live under a rock” 😅
The list still works lmao
if you're that big you're supposed to buy a house not have mortgage payments that never end, 60k on child support monthly or 22k on a rolls Royce is pure evil
Celebrity Broke Vs Regular Broke Are 2 Different Thingss😂😂😂😂😂 #RememberThat
oh you definitely right about that one.❤️
I totally agree
What are you talking about? Money is money it does not care whether you’re famous or unknown
@@therealkingeddo True that
Because they not really broke hatin ass people
Lil Kim could have saved herself extra money by not getting all of those unnecessary surgeries!
She was way better looking before all that right?
She was a pretty girl before the surgery but I think that man (you know who) probably had her thinking that she was not the right color or have the right features when he married the other woman and not her.
@@PablitosWay Yeah
@@PablitosWay she was beautiful before
you dont know the story obviously some jerk beat up her so bad so she need that surgeries mandatory her face was broken literally
"And now we get to Birdman..."😂Feels like you were really waiting to get there.
Bird man ripped all of his artists off so he thought he could rip the IRS off too...
When he said "22,000 a month lease for a Range Rover" I questiond every figure mentioned in the video.
Facts
I will sell him mine for a 20000 a month in a second😂
Same
2,200 a month sounds more like it
back then it was new and if the car cost around 80 90k it sound right cause some dealers give you 6 month lease or a year lease
Rich or poor those people don't pay their bills
“Everyday is a bank account, and time is our currency. No one is rich, no one is poor, we’ve got 24 hours each” - Damon Dash
ruclips.net/video/y1Eg5WmH9To/видео.html
Another reason why Em is the Rap God. Sure, now he enjoys his money but at the beginning all he needed was plain t-shirts, plain jeans, a silver dog tag chain and a Mic
Most Rappers are clueless when it comes to investing, they live the fast life and by 40 it's all gone.
Unless you're Sean Combs, 50 cents, Will Smith, Jay Z etc. This goes on with sports players too. Money management is a must.
And throwing money talking about 50 racks and shit...idiots
very true!
Facts
and dead at 50
15 kids 9 different woman, definitely the hottest rapper in the late 90’s 😂
LMFAO 😁 😂❤️💚 💛 hahahaha
foolish, so ashmed to be even a black person this days
15 mf kids! 9 different classy queens. POS!
Basically a life lesson of what you shouldn’t do when u get that bag 💰
Smmfh wouldnt let tht dick Touch me crackheads
Hammer is not dumb by any stretch of the imagination. Had you done your homework you would know that Mr Burrell has a brilliant technical aptitude and is highly respected in San Francisco Bay areas Silicon Valley where he has collaborated in over a dozen startups and owns a piece of Twitter.
The narrator sounds excited speaking on this subject!
How you no how hard someone work
Right... RUclips Celeb...
Birdman is far from broke. Like, hundred million dollars. Not sure why hes on this list
“Birdman kicked my ass”
"I came down here to see you Face2Face, you betta put some RESPEK on my MuthaFukn name"... "All Tree ayall"
And he flew in any weather
And he's nowhere near dumb, let alone dumbest rappers league.
You must be his accountant
give me just 50k dollars and i will NEVER EVER go broke
That's interesting... would love to hear how you would do it; as long as it's legal and ethical.
I'm not shading you just curious about the plan- might help a lot of people!
@@lolitaharris4475 If you're serious, I can missy definitely show you 💯💯💯
@@mistamvptv Tell Me How First?🤔
@@lolitaharris4475 I cant tell you on here or show you
It will last one year.
There's a missing component that wasn't mentioned about Scott Storch and his money problems. This man had a horrible drug habit!
What drugs??
That will do it
I bet all those musicians were getting screwed by their record labels also.
@Blue neither is blaming the victim. if i'm running late for work and forget to lock my front door, that doesn't mean i deserve to get my shit stolen.
i agree that they should have read and understood any contract, but it's not as if these guys went to college for business or economics. most of them are simple people, uneducated, misguided and misdirected. money and fame is something they don't have the maturity to deal with, not to mention this culture revolves around materialism so excess is part of the image. i agree with the idea that anyone should have enough common sense to save some of their mountains of money, so in that sense i don't have sympathy.
if they get ripped off, don't blame them, blame the professional con-men who did it. i promise you that you're not immune to getting ripped off either, so maybe show a little compassion on that level, yeah?
You have to do two thngs at once. Make your music and watch your money.
No doubt about it.
I say at LEAST half of them were actually screwed over by their record labels. Why do I think so? Because some of them have the false belief that someone else can take care of the issues for them. Meanwhile some sleazy dude at the record label is screwing them over behind their backs.
You Kno that
As a relatively poor person, I could live comfortably on the $ they owed alone. Wow
Once you live that extravagant lifestyle you don't want to leave it. Humble folk like us could make due with what they owe for many years.
@@Vestige98 that is so true it dont take much for people like us 2 live on these stars just waste so much good money on vain things I hope we get our hands on money
Like that
15 kids with 9 different women, You gat be kidding me DMX
It was the inspiration for his next song; IRS gonna take it from you!
He can afford 40 kids ! That's what ya suppose to do when u a multi millionaire, reproduce as much as u can
Nigga loved the pussy bit too much lol😂😂
Racehorses dont have that many offspring
He oughter rap about that call it "I made 15 with 9 yo" lol
To correct some misinformation you stated, the artist makes the decision of whether they want their taxes withdrawn before being paid out (allowing the label to take responsibility to pay the taxes on funds earned) or if they want to pay taxes themselves. Most choose the last option because they fear the label may end up stealing from them.
Cuz everyone knows it costs $50k a month to raise a child.
And thats how you can destroy somewone his life the judge couldnt care less about him
I’m thinking the same thing. I’d go to jail before $50,000 a month in child support her greedy ass wouldn’t get shit. For ONE KID ?? Shid I’d be damned. MAYBE if it were $5,000 a month I’d consider if I had that kind of money but I don’t think $5,000 a month is appropriate either. For one kid every month I say no more than $1,000 that’s fair
Ali Dez The child support calculators need to be changed. I agree that 50k a month is ridiculous to pay to some whore that trapped this stupid nuccas and refuse to work! Extortion at it’s finest
Based on your wages
The dead beat dads came out..
Mean while Netflix, Amazon, Chevron, Delta Airline, Eli Lilly, GM Good Year, IBM and Whirlpool pay $0 in taxes.
Imagine that!
Tax write offs thru expansion. Its one way already successful people and businesses are pushed into greed.. another way is the stock market. Companies push to show growth on their bottomline.
Loop hole they reinvest their profits to avoid taxes... I mean who knew
Ah yes as usual people have no clue what they speak of. You do know amazon didn’t make a profit for 15 years right?? I will assume you didn’t. You do know your able to write them years off in future right?? I assume you didn’t. None of these companies are breaking the law. They are working within the laws out there. Don’t like it, vote and get laws changed.
But they keep a hell of a lot of people employed , insured and from being both homeless and broke. That’s the flip side of the story. Things that are beneficial to the economy and people’s livelihoods.
Xzibit now hosts" pimp needs a ride "..🙂
Lol
😭😭
Hilarious😃
Lol
pimp my city bus
I'd appreciate a show from America about celebrities explaining how they got broke. Man I'd love that and I'd watch all the episodes
1) its pronounded KEH-LEASE 2) nas is one of the original investors in ring (doorbells), amongst other projects so hes good... 3)X-zib did not pay 22 000 a month for a range rover .... come on man
At least someone here brain working
Hammer: Cant touch this
IRS: Hold my beer
Ha ha🍺
😂😂
😂🤣🤣🤣🤣🤣
Now that’s some funny shxx
@@aprilmariefears1381 😂😂
not surprised DMX is broke to many kids and baby mama's to feed
The whole child support thing is a huge drain
Pull out game weak
And he's a stupid crack head
@@PablitosWay I'm saying rapper baby mothers get to live lavish for doing nothing...it cost no more than 2000 a month to take care of a kid
And a serious pipe habit
Nas ain’t broke, he literally worth 70 million now, his new album was 🔥
The thing is when you don’t earn that money you don’t know it’s worth. When you’re burning through this money partying with friends it’s catches up with you, cause when you’re broke those friends won’t even loan you a dollar. Investing is better then blow through it.
If you never leave the “ghetto” mentality behind, you will never hold on to money.
@DOE John - Yes, I’m white. And?????
Who could imagine that a culture that emphasizes education and sophisticated thinking would produce such results 😆
100% correct. Lmao
Spring Breakk no they aren’t, but the same “show off” mentality applies. Like he said they get their check with no taxes taken out, and I can for sure guarantee they never properly educated on how taxes work🤷🏽♂️
Its too expensive to be famous.
“The government, THEY’RE the true Mafia”
-Michael Corleone in: 3
U just need to know how to play the game,
I have a Prius, a little savings and im happy af, you dont need money to enjoy life you need a personality and other great personalities around you.
True. Good friends can really make your life worth living.
*6:05** Who leases a range rover or any car for for $22K per month? I can buy a recent model HSE right now for $20K cash.*
They all have the same narrowed mind . “ show off.”
Tbf you have to keep a certain image up
@Myballsitchsomethingfierce that's just mystical bs. When you're making a lot of money your image matters especially a celebrity
@@edharris5855 says who...why should you care about what people think...you should care about taking care of your family for the rest of your life
@@mikemadsen7926 what if the way you earn money to take care of your family is by caring what others think about you? Btw what people think about you is actually the only thing that matters in life. At your workplace, dealing with clients, your boss, your family every single relationship you manicure is dependent on what people think about you
@@edharris5855 I guess that's actually true...but they didn't have to do reckless spending especially when there past there prime and no longer in the limelight...but you make a good point
Rappers should follow Master P that dude is a real hustler and keeps his money tight
master p modeled his label like j prince did at rap a lot
Master p, Jay-Z are some of the few who were smart with their money
For real he is doing something right...some of these rappers are more known and yet p has way more money than them
As a regular person who lost $930K in 10 years thru gambling , this video makes me feel a bit better that I'm not alone lol
Rags to riches and back again! A fool and his money shall soon be parted! ( Just wait)
Table turned now. Nas was at $35 net worth in 2018 as per Forbs. He is a successful investor now.
Nas has done very well. He is worth $70m
I don’t think my parents spent $50,000 on all 4 kids they had in 18 years.......X2
🤣🤣🤣🤣
Yep, because my parents never bought us kids what we wanted. They bought us what we needed.
Naw. .
My parents had 5, definitely didn't spend $18,000 a year on us. We had food and a roof. ☘
@@saintjacob1
They did lol
You should do a "smartest people in the entertainment industry " video. With people who are financially responsible lol
When money turns into showing off and not about making more money. I would have bought so many stocks and hired an accountant to manage my assets. Why does money usually go to morons?!
That's the TRUTH
Because you're not productif enough.
Money goes to morons because they tried high risks and ended up on top. As for you no risk no gain
I’ve been wondering the very same thing too
I wonder 🥺🥺🥺
No. 8 hits a little different today! RIP DMX!
Exactly
Bow wow is in every "rapper go broke" video xD
Moral of the Story: It's not how much you Earn but how much you Keep! 🤔
“Mar-cedes”
I know right what a joke
😂😂😂
😂😂😂 I was wondering if anyone else caught that
There is never been a better spokesperson for contraception then DMX.
6:06 how can a range rover lease be 22,000 a month?
This dude is lying to get attention on RUclips. He's get paid so he will say anything. The list is not right. Range Rover around $50,000 to $80,000 depending on what u add in it.
It's called a Rapper w a horrible credit score
Lol
You could get a decent secondhand one for that....
That's a 1 yr McDonald's salary
It was a Range Rover welded to a Lamborghini
These stories of famous entertainers that went broke is an eye opening experience that I can relate to. When you are young and the money is flowing in. You think to yourself that it will never stop flowing. Then something stops the money flow and it's over. 💰
ruclips.net/video/y1Eg5WmH9To/видео.html
A million dollar car is basically worthless after its purchased. Lets face it, anyone who can afford a million dollar car would not buy one used.
Some rare cars can hold value or even go up.
Nothing is worthless not even poop. Flies dig poop.
I laughed my head off....
Not true one bit. Some cars Appreciate in value.
Macaulay Culkin which one home alone
Literally no-one:
This fuckn guy:
"Mar-say-deez"
🤦🏽♂️Bruhhhh‼️
I stopped watching after he said 22 thousand a month lease on a Range Rover..
OGD007 right? That’s the biggest bullshit I’ve heard all day
OGD007 he had to have meant 2,200.!
Prob diamond spinners, gucci leather, ace of spades bottles in the back 🤷♂️
Thanos not even then
Thank god someone else noticed i heard that nd was like ok my guy thats incorrect
I only envy Bow Wow for being able to have that scene with Jeneveve Jolie in Entourage. Other than that, yeah homeboy blew it lmao
I always thought why not just buy a little house along the way that's modest, pay the taxes incase the rainy day comes you'll always have a home when shit get real...
They'll take that too unfortunately, anything in your name when you file bankruptcy gets taken
I would buy houses in different locations just in case a catastrophe strikes you got a place to move.
As said assets no matter its worth are taken.
@@-j308 play your cards right put it and anything that connect your name in another trusted name also open a account in another name...ijs
@@-j308 You can buy a property in a foreign country like the UK or Canada, they can’t go after your offshore assets.
Peace of mind,be humble,live day by day without worrying about what others think of yourself, small circle of friends that help each other out and loyal, family= that's the true happiness
Nas isnt broke. Just because you owe money at some point doesnt mean you cant pay it back. And he did.
Going broke at one time doesn't mean staying broke forever
How do you know? You his accountant?
@@PablitosWay foh...and go get your facts straight
Birdman definitely is NOT broke. He made over $2B with universal alone.
I really don't understand the reporter oo, Birdman can't be broke, Infact he's one of the richest rappers
You wanna see broke look at my bank account
Lmao.. mine too..
Dude I gotta Save up to be broke.
I'm Po,because don't make enough to be able to afford the extra O and R to qualify as Poor.
Hell Homeless people give Me money,and I don't be standing with a sign or nothing.
"I figured you need this more,God Bless"
On Some real shit tho.
"I'd rather be broke and happy,than have Millions and be Miserable"
skylar mccloud I got to save up to be broke, I almost died 😂😂😂😂
Lol mine 2
Right!!!!! If I didn't have Bills I would have a shit tun of money these MFs aint Broke all these Celebrities need a right Account Mgr and save the main reason Rappers go Broke Cause they buy all that expensive jewelry
Thier broke and us are 2 different things 😞
And that is the truest comment on this video
True
True indeed, I guess it's the lifestyle they want to maintain. If you are making (ONLY) 18K a month, in my books that's not broke, that's hitting the f...n lottery.
@@julinization 😞🍾yep
True
This guy has never heard one song by anybody on this list
yash buddha ouch bro...very ouch
He must be lucky
Especially "Kel-lis"...
Brandon Marshall yo goofazz do
MC Hammer was worth $30m and had a house valued at $30m. F…n insane
the saying a fool and his money will soon part
@@JMARTIN1947 so true,
Parted*