Rappers Who Lost All Their Money


Many rappers try to convey a certain lifestyle
of material success. These artists don’t want to just talk about
watches, jewels, and stacking paper. They also want to walk the walk, too. But it doesn’t always work out like that. Here are some big-talking rappers who’ve gone
totally broke. For 50 Cent, cash flow at one point seemed
to be endless. In 2015, the New York Post reported he’d sold
almost 30 million albums, made a reported $60 to $100 million on his investment in Vitamin
Water, had endorsement deals with companies including Reebok and Right Guard, and owned
a successful record label and clothing company. The Washington Post estimated his net worth
at half a billion dollars in 2010. When 50 Cent filed for bankruptcy in 2015,
he was making $185,000 a month, but $72,000 of that went to his 18-bedroom house which
is far from his only monthly expense. While he admitted at the time to have recently
bought a Rolls-Royce, he said most of the cars, jewelry, and jets he showed off on social
media were actually borrowed or rented. But his big problems came from the illegal
stuff he did. As part of a feud he had with rapper Rick
Ross, he decided to shame the mother of Ross’ child in a truly disgusting way. 50 Cent purchased an adult tape of the woman,
added a voiceover making fun of her, and put it online without her knowledge or consent. A judge ordered him to pay $7 million in damages. He was also found guilty of copying his G-Unit
headphone design from another company, and a judge made him pay $17 million for that
transgression. 50 Cent immediately filed for bankruptcy,
saying these judgments plus other debts exceeded his $25 million net worth. According to Rolling Stone, he settled his
bankruptcy case in 2016, promising to pay $23 million to his creditors over five years. MC Hammer probably had good reason to think
the good times would never end. His 1990 album Please Hammer, Don’t Hurt ‘Em
is one of the best-selling hip-hop albums of all time. Forbes estimates that at the height of his
success, Hammer’s net worth was around $33 million. But just six years after the release of his
super-successful third album, he filed for bankruptcy in one of the most famous celebrity
financial disasters of all time. First, there was the $30 million mansion,
then there were the costs of what is possibly the most epic entourage ever. Hammer employed 200 people on his payroll,
reportedly to the cost of $500,000 every month. But Hammer told Oprah Winfrey that the real
charge of maintaining such an operation could be, quote, “a million dollars a month at times.” When he filed for bankruptcy, he said he had
a 36-page list of several hundred creditors. “There were no books written or no map to
follow receiving 20 million or 30 million dollars at one time.” Hammer maintained that he didn’t blow the
money solely on himself, but rather spread it around to too many other people. Still, in 2011 he told Oprah that he wouldn’t
go back and change anything, even if he could. He believes in the butterfly effect, and that
if things had been different, he wouldn’t have his kids, or the peace that he has now. Lil Kim wasn’t lying in her song: It really
has been all about the Benjamins for the rapper. Or rather, a lack of them, since she’s reportedly
had plenty of trouble paying her mortgage. CNBC reports her bank first started foreclosure
proceedings on her New Jersey mansion in 2010, and in 2015, the two parties were still trying
to work things out. But by 2017, a judge ruled that she’d had
her chance. A year later, according to the Los Angeles
Times, the bank foreclosed on the property, and Kim filed Chapter 13 bankruptcy protection. Besides being over $650,000 behind on her
house, she owed the IRS more than a million in back taxes. TMZ adds that she was $186,000 behind on legal
bills and was $4 million in the hole overall. In 2018 she said she was making about $18,000
a month, but out of that she had to budget $2,000 for her staff, another $2,000 for her
wardrobe, and $10,000 for travel. Kim was desperate to save the mansion she
bought in 2002 and filed to stop it going to public auction with the opening bid set
at just $100. But the mortgage company said she was still
missing payments. Kim had a major setback when the court decided
she was in so deep that legally she was too broke to qualify for Chapter 13’s specific
type of bankruptcy. Bow Wow, formerly Lil’ Bow Wow, started releasing
music when he was 13. Since then he’s had hit records and done some
acting, so you’d think he’d have a decent amount of cash saved up over the years. But that couldn’t be further from the truth
based on what he told a judge in 2012. According to TMZ, during a child custody case,
Bow Wow informed the court he made just $4,000 a month and only had $1,500 in his bank account. He also leased a relatively modest car. That might be because four years earlier,
he leased a Ferrari F430 and within months was behind on payments. The leasing company came for their money and
Bow Wow got stuck with a bill of over $200,000. He didn’t pay it, and by 2012, interest took
the total to almost $300,000. By 2017, he still appeared unable to afford
the lifestyle he thought he should project online. The Daily Beast reports that he posted a picture
of a private jet on Instagram with a caption heavily implying he was going to fly to New
York in it. But then someone saw him flying commercial
and posted a picture to Twitter. Another internet detective discovered the
picture of the private jet was actually from a Florida company’s website. In 2018, he described money as being, quote,
“evil” and claimed he was giving his away to fans. So don’t worry about him going broke maybe
it’s all going according to plan. TLC formed in 1991 and by 1994 they had two
hit albums, three Number 1 singles, and two Grammy awards. But while their professional lives might have
been at an all-time high, their personal lives didn’t always reflect that. This was especially true for the rapper of
the group, Lisa “Left Eye” Lopes. In the early 90s, Lopes was dating football
player Andre Rison, and to outside observers, their relationship was far from functional. At one point, Lopes said Rison abused her,
although charges relating to the claims were eventually dropped. On June 8th, 1994, Rison and Lopes got into
a massive fight in their home. Things reportedly got physical on both sides,
leading to Lopes grabbing some of his new sneakers and setting them on fire in a bathtub. The fire got out of control, and soon the
whole house was in flames. “We all stop what we were doing and we looked
up, black smoke just rollin’, just rollin'” Amazigly, Lopes skated by with a $10,000 fine
and probation for an arson charge. Rison even forgaven her, and their relationship
continued. But the mansion was insured by Lloyd’s of
London, and they were a lot less forgiving. The Guardian says the $1.3 million claim the
company filed against Lopes forced her and indirectly, the rest of the group into bankruptcy. New York rapper DMX had five Number 1 albums
and was one of the most successful hip-hop artists of the late 1990s. But despite the money that must have been
flowing in at one point, his finances turned into a disaster. BET says he filed for bankruptcy in 2009 but
was denied by the court because he had, quote, “unreasonably delayed” the case. Things apparently didn’t get better, since
he tried again in 2013, with his manager saying, “[DMX’s] financial strains have been inhibiting
his career for several years [because of] poor financial management by prior representation.” DMX said he only had $50,000 in assets, earned
as little as $1,677 a month, and was between $1 million and $10 million in debt, with obligations
including $21,000 on a leased car and a whopping $1.24 million in child support. But the judge threw out this bankruptcy filing
as well, citing inconsistencies that made DMX seem untrustworthy. DMX then filed yet another time in 2016. This time he said he owed even more money,
had nothing in his bank account and no assets at all, except his house, which he was trying
to save from foreclosure. Finally, in 2018, the IRS came for the $2.29
million DMX owed them, and he ended up spending a year in jail for tax evasion. “I thank God for my problems as much as I
thank him for my blessings because they’re equally relevant to my life.” Nas has had a long and successful career,
showing up on the Billboard Hot 100 chart nearly two dozen times between 1994 and 2018. He married fellow artist Kelis in 2005, but
things went south pretty fast. By 2009, she had filed for divorce while pregnant
with their first child. Whatever bad things went on in their marriage,
Nas’ terrible financial situation became clear during the divorce. Essence says that while settling on the child
support amount Nas would contribute, the rapper claimed he owed his manager $700,000 and the
IRS millions. But he was still required to pay over $50,000
a month in support. He really might not have had the money, though,
because before they were even divorced, Kelis said Nas wasn’t fulfilling his obligations. The judge ruled he owed her $300,000 in back
child support and alimony, according to DJ Booth. But Nas claimed paying the amount would bankrupt
him. His lawyer argued he made, quote, “substantially
less” than the $150,000 Kelis claimed Nas pulled down a month. He had to set up a payment plan to afford
the bill. Then in 2012, Nas lost his Georgia home when
he failed to make mortgage payments. The bank took it and sold it at auction. Kelis wasn’t the only ex not getting paid,
either. TMZ reported the mother of Nas’ daughter took
him to court in 2014 and said he was a “repeat criminal non-supporter” who owed her more
than $11,000 in child support. Fat Joe released 10 albums before his first
run-in with the tax man in 2010. At that time it was only $105,000 owed to
the state of New Jersey, which he was able to pay back before facing major consequences. But by 2012, things had gotten a lot worse. Despite earning over $3 million in 2007 and
2008, Joe decided to not pay the more than $700,000 he owed the IRS on it, according
to USA Today. He faced up to two years in prison, but before
he was sentenced, he worked hard to pay the bill, simultaneously working to shore up his
image with charitable donations. Reuters says Joe also accepted the blame,
saying while there was, quote, “a lot going on” the years he failed to file, it was still
his responsibility to do so. In addition, more than 60 people sent in letters
on his behalf, testifying to the quality of his character. Joe still served four months in prison. Perhaps the worst consequence of his behavior
was that his 6-year-old daughter was taunted in school about her dad going to jail. But his daughter’s woes must not have had
that much of an effect on him since in 2016 he once again found himself in hot water with
the IRS. This time he owed $1.1 million. In a 2019 interview, Joe implored young rappers
to have a solid business plan and not to repeat mistakes he made, like spending millions of
dollars on jewelry and private planes. “I wish somebody I really respected would
have really explained to me the importance of budgeting that money right.” Check out one of our newest videos right here! Plus, even more Grunge videos about your favorite
rappers are coming soon. Subscribe to our YouTube channel and hit the
bell so you don’t miss a single one.

100 comments on “Rappers Who Lost All Their Money”

  1. Grunge says:

    Who are some other rappers that are presently broke?

  2. El masca Vidal says:

    Bow wow currently works in a apple store in Columbus Ohio

  3. MyLifeMyJourneys says:

    Why the hell was dmx talking like that

  4. Norman Aqua says:

    Fofty aint broke bruhh he stackin

  5. darkjoseph86 says:

    basically black people (especially rappers) are just really bad when it comes to money…and make multiple stupid investments.

  6. cfairfax85 says:

    50 cent is nowhere near broke lol.

  7. IrelandVonVicious says:

    Fat Joe's excuse to the IRS for not paying:
    A mans got to eat!

  8. Pyrus Rex says:

    Not an ounce of sympathy for any of them. Dumbasses

  9. Freddawg Mankilla says:

    Soon the devil just doesn’t take your money but thee soul shall be collected

  10. Jalil _uno says:

    This is shit

  11. Mr.house Love's the nets says:

    Who would spend millions of dollars on a Ferrari a never use it…….shit i would of jk no imma pull a paul walker btw rip dude.

  12. Bonnie Plastino says:

    CRAZY BROKE UNEDUCATED CANT COUNT A DOLLAR.
    AND ITS NOT THEIR FAULT.
    WAAAA! WAAA! WAAA! CRY! CRY! BABY!

  13. Bonnie Plastino says:

    ALL YOU GOT IS BLESSINGS THIS SHOULD HAVE BEEN PRIORITY OVER THAT MONEY FOR GET THAT . MONEY DONT DO NO ONE FAVORS

  14. Vert Xavier says:

    American Dream my ass. The more you earn, the more money and more often they fucking rob you during daylight.

    The same thing happened to Don Trump back in his good old days.

  15. Don’t at Me says:

    Fellas, if you got ya money right, don’t be a fool and fall in love with a female, they are professionals at faking love to benefit their lives…don’t get played be the player

  16. Brandon Fortune says:

    How did they forget about R. Kelly tho? Oh yeah that's right, he was more R&B than a "Rapper" 🤔

  17. mswain81 says:

    So he ain’t making no money from vitamin water this shit is so fake

  18. Antigua Paradise Island says:

    I don’t understand cause as of 2019 lil Kim net worth is 18million

  19. Troll says:

    A bunch of rich man wallets with a poor man mindset. Let’s spend +40% of our income on a house/monthly, meanwhile making over 100k monthly, smh

  20. Roger Wilco says:

    Zero sympathy for these people..
    You made more money in a few yrs than most of us will see in 10 lifetimes and you didn't bother to buy a single stock? Whats more Baller than owning a couple dozen shares of Berkshire Hathaway?? Diversify your Bonds and stop trying to live in mansions that are equal to your net worth, (thats not how mansions work)

  21. Big D*ck Club says:

    THIS GUYS AN IDIOT 50 FILED FOR PROTECTION DUMB FUCK

  22. jblaze9462 says:

    Can white people stop calling him "Fiddy Cent" just say pronounce it normally. Tf

  23. Mace Windu says:

    First one trash already

  24. Gigs 1mc says:

    dumb ass video, get your facts straight, 50 still richer than most rappers out there.. Or like he said it: "Curtis Jackson got like 20k to his name, so I'm broke, but my companies? Oh they rich as FUCK!" LOL and NAS broke? Are you kidding me you dumb fuck? DO YOU KNOW WHO NAS IS? Get the fuck outta here with that broke bs -.-

  25. Oh No says:

    PepeLaugh when people thin 50 is broke.

  26. Dariyon Watson says:

    Bow ran it back up on yall stop lyin

  27. Nayeli Gonzalez says:

    50 had filed for a chapter 11 bankruptcy not chapter 7…….

  28. Michaela Mejia says:

    I think it's funny that everyone always uses bowwow as the face on the label of rappers gone broke

  29. Yes It's Me says:

    I'm confused how these guys make 80 million and rent or lease a vehicle? Fuk sake, leasing a 500,000 dollar car, I don't get it.

  30. John Alonzo says:

    Mc hammer is a fucking idiot. Thats it, thats all i have to say .

  31. John Alonzo says:

    Lil kim fucked up her face

  32. Davon Custis says:

    Get rich or die tryin’? 🤔

  33. Nasir Bishop says:

    Well how did lil Kim afford the boat cruise for her girls on VH1??

  34. Chalton Aloe says:

    Honestly, I don't earn nor own much but if I could make a million bucks one time in life , I swear that I would never ever go broke. Ever!

  35. kraboss VEVO says:

    Fuck the irs

  36. Curtis Fullilove says:

    We live in a country where if you could lose your freedom because you work to make a living. That doesn't feel like freedom to me. The system is broken.

  37. C P3 says:

    How u be in bankruptcy when u get 185M A MONTH!!!!!????????

  38. John Rife says:

    You know who's not on this list. Vanilla ice. He was remarkably saavy with his money.

  39. helena barnett says:

    Just like Ms. T-Boz said,.. when black ppl declare bankruptcy they're Broke but when white ppl do it they're just restructuring. We have a whole "president" that has declared bankruptcy more than 3x's but is supposed to control our nations debt, hmm🤔how does that work??..

  40. Lanesha Patton says:

    50 cent is far from broke

  41. J F says:

    Lil Kim' staff cost 2k a month? That is either a single person staff or she's paying like a dollar an hour

  42. X X says:

    All rapers are broke

  43. Christopher O'Neill says:

    SELL THE MANSIONS its supposed to be an asset..let go of the ego and sell all the bullshit!

  44. Christopher Joseph says:

    Dmx holds the Guinness World Book record for back child support lol

  45. nonyabeesnees says:

    this rich and famous thing doesnt come with money management. most ppl are just like everyday ppl, they just lose it with all the overwhelming money and fame that goes with it. no peace, no privacy, no time to get right.

  46. Craig Anderson says:

    50 cent is hiding his money. i doubt he is broke

  47. Kelvin Sorensen says:

    Rich or broke 50 is still a snitch

  48. Wade Lex Luther Moodie says:

    Women need to chill out with these ridiculous child support fees! God dam hoes! Wtf! What the hell they need £300k a month for? What they got a rocket ship? This why husband's be killing their wife's. God dam cheaper!

  49. Teck Rylee says:

    50 cent broke rightttttt

  50. Teck Rylee says:

    Payed for 200 ppl to follow you around lol stupid

  51. Craig Littleworm says:

    Too much ads, thumb down.

  52. Sae What Productions says:

    possessions that will posses you if your not careful.

  53. V random says:

    50 is far from broke lmao he’s one slick mf

  54. Tom noname says:

    Kinda ironic isn't it? TLC singing about scrubs not wanting aan if he doesn't have money and then themselves not having any money

  55. MGTOWNZ says:

    Bums pretending to be billionaires

  56. David Graska says:

    50 cent had hella crypto investments while he was “going broke” 😂 fuck out of here. He’s prob richer now than he ever was🤡🤡🤡

  57. Guy Mitchell says:

    Nas is not broke

  58. Chesco says:

    The divorce & child support system is broken and ripping everyone off!

  59. Eggh Man says:

    Yo Mc Hammer why you buy a $30M mansion when your net worth is at $33M? Tf?

  60. Jupiter Rising says:

    What I'm realizing is that many 90s and 2000s rappers were taking pennies for their talent. And that's on them for being cowards and agreeing to low numbers. Meanwhile, there are rappers from the 80s and early 90s getting paid hundreds of thousands to millions a year. Because they didn't take bullshit contracts.

  61. ToksikEntertainment says:

    50 IS NOT BROKE NAS IS NOT BROKE….DO YOUR RESEARCH BEFORE YOU START TALKING SHIT….I KNOW YOU HATE THAT BLACK PEOPLE ARE RICH AS FUCK TOO BUT GUESS WHAT….WE ARE SO FUCK YOUR VIDEOS AND YOUR LIFE….I HATE WHEN YOU PEOPLE TRY TO SPEAK ON US AND DONT HAVE ANY FACTS….GO TALK ABOUT ALL THE BROKE CAUCASIANS!

  62. KIA DAVIS THE PEDOPHILE HUNTING NIGNOG SMASHER says:

    Rappers are the among stupidest of the sub-humans. The ones dumber are the losers that listen to that simple minded crap!

  63. diesaltrading says:

    lol I used to think fitty was jacked

  64. xdtoysx says:

    wow bow wow

  65. engabu449 says:

    Shit these Guy's are used and dumped just like a condom. And then used again and again…..

  66. Matias Gutierrez says:

    This happens to most wen u want to live like something ur not cant fool the math numbers don't add up woops out of money

  67. dianelle Mompremier says:

    No wonder 50 cent wanted Tiarra to pay him his 30000 dollars

  68. Chris Neil says:

    Crazy can make you rich and make you broke

  69. Illmatix. says:

    Nas and 50 aren't broke lmao

  70. Masked Mole Reviews says:

    Smh. People are so stupid with their money. If I was making millions I wouldn't be buying 50 million dollar mansions and sports cars. I would live modestly and save my money and just sit back and retire, occasionally indulging in my wealth, responsibly of course. I wouldn't throw my money at everyone like an idiot and go broke. Wtf would you rent stuff and have a house mortgage if you are so rich. Why not go a little cheaper and just buy your stuff out right. I thought the point of being rich was being financially free, not still a slave to the dollar.

  71. Dr Sess says:

    50 cent 🤦🏾‍♀️ is confusing

  72. Babadook 666 says:

    Fuck all of em, wannabe gangsters

  73. Lindane Mnguni says:

    Never play with the IRS

  74. diaryofseresha says:

    These rappers should learn from "kardashians" how to live luxuriously n still keep making money

  75. JLock Official says:

    Bruh Nas ain’t even broke he just made 40 mill off a pharmacy investment and had cash b4 that

  76. mystapaul says:

    Dont forget donald trump…..its a business move when he does it but when rappers do it they "broke" now hammer ,dmx, tlc and bow wow i can believe.. but 50,nas,kim, i doubt they "broke"…

  77. lamar mikell says:

    ALL THESE CHUMPS ARE BROKE!!!!

  78. Oliver Marijuana Jones says:

    DMX untrustworthy???

  79. Hellenic guy says:

    Fucking moron 50 is not broke 🤣

  80. Diane Gamber says:

    Pathetic

  81. David Barnes says:

    I Give Mad Respects MC Hammer as the Real Survivor,because During the LA RIOTS!!!!…He was One of the First One's to Donate Thousands of Dollars Back into his Community at a Time,when Rappers wasn't even Giving Back at that Time.That's why a Lot of People helped him get back on his Feet,and he Never Sold-Out to Do it!!!!.He wasn't Just Flashing all his Money away on Nonsense like everybody Else!!!!!!!

  82. SoSoReal says:

    I thought if you work for the Illuminati you don’t go broke?? So is it real or naw??

  83. J P says:

    50 and Bow Wow ain’t broke. They smart. They keep the bulk of their money in LLC’s.

  84. J P says:

    Nas ain’t broke either.

  85. Marko Jocic says:

    DMX was not broke fucking USA ruin him becouse he say i dont wonna listen wtf you wonna me to do

  86. Kangz.N.Sheeit says:

    I blame racism.

  87. Larry Bradley says:

    And people hate on Jay-Z

  88. CRYSTAL COOKy?! says:

    LoL

  89. Raymoin Shaw says:

    He didnt lose his money he basiclly saying mind your muthafucking business

  90. Frederic Petitpas says:

    "as of 2019, 50 Cent net worth is about $30 million."

  91. Shannon Brown says:

    This video is not accurate, get your facts straight. Some of these celebs are still quiet wealthy.

  92. muzical vet says:

    Bow wow ain't broke.He file for bankruptcy.He's moms got that money on tha low,because of baby mama child support drama,& lawsuits.Mama is smart.

  93. manifestgtr says:

    You know what’s hilarious? In five or ten years there’s gonna be another list like this with alllllllll the mumble rappers that kids think own their ferraris and jets hahah

  94. Gregory Smith says:

    I find it funny that people comments keep calling people who obviously still have more money than them (and me) broke

  95. Sherice Wright says:

    Wow not 50 cent

  96. Sherice Wright says:

    Um um 50 cent

  97. Sherice Wright says:

    I didn't lnow that about lil Kim she got that TV Show going on now

  98. Sherice Wright says:

    Lisa Lefteye is deceased now she don't ha e to worry about being broke now

  99. Sherice Wright says:

    This must be old

  100. Sherice Wright says:

    This stuff can't be real

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